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16701 Arrow Blvd
Fontana, CA 92335 Downtown Fontana

$2,917,000 USD

Freestanding For Sale  •  4,062 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 4,062 SF
  • Lot Size 0.57 AC
  • Building Class B
  • Year Built 2013
  • Cap Rate 5.00 %
  • Tenancy Single
  • Zoning C-2
53 Transit Score
85 Walk Score

Highlights

VALUE ADD – Pricing is based on current income. Future buyer has the opportunity for the lease up of the 1,000 SF vacancy
PASSIVE INVESTMENT – NNN lease structure, with no landlord responsibilities.
INVESTMENT GRADE TENANTS – Leases corporately guaranteed by both 7-Eleven and JP Morgan Chase.
LOCATION – Located on a hard signalized corner of Arrow Blvd (18,000+ VPD) and Juniper Ave (15,000+ VPD). Over 34,000 residents in 1-mile radius
MAJOR LL IMPROVEMENTS – Landlord secured permits to have the “shell” status and complete total” TI “for the vacant unit to be rent ready condition
HEDGE AGAINST INFLATION – The lease features very attractive 10% rental increases every 5 years throughout the base term lease and option periods.
Cap Rate: 5.00 %

Public Transportation

Commuter RailDriveWalkDistance
Fontana (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 1 min 6 min 0.4 mi
Rialto (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 5.3 mi
AirportDriveWalkDistance
Ontario International 18 min - 12.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Brandon Perez 949-777-5984 Matthews Real Estate Investment Services
Brandon Perez 949-777-5984 Matthews Real Estate Investment Services