15110 Summit Ave
Fontana, CA 92336
Wendy's | ±5 Years Remaining | Fontana, CA · Retail Property For Sale

CIRE Partners is pleased to present a single-tenant absolute net leased investment offering located in Fontana, CA. The subject property is 100% occupied by Wendy's on a long term lease with approximately 5 years of remaining term with ten years of options remaining. The Wendy’s Company, founded in 1969 by Dave Thomas, is the third largest quick-serve hamburger establishment in the world. The company employs over 31,200 workers at more than 6,500 corporate and franchise restaurants in the U.S. and 28 other countries. Wendy’s reported $1.87 billion in revenues in 2016. The property is located within Summit Heights Gateway, a class-A retail shopping center in Fontana, California which serves as the primary retail corridor in the North Fontana trade area. Summit Heights Gateway is positioned just north of Interstate 210 at a key intercept location between the High Desert and Interstate 10. The property boasts unobstructed freeway visibility as well as quick and immediate access from Beech Avenue. The shopping center is comprised of anchor tenant including Kohls, Aldi, Petsmart and Marshalls. In addition to the anchors, the center includes several retail out-parcels including restaurants, fitness, medical, salons and more. Wendy's benefits from multiple points of ingress and egress with access from both frontage roadways. The property is also located on the "going home" side of commuter traffic on Beech avenue with a combined traffic count along Interstate 15 and Beech of approximately 150,000 vehicles per day.