16427 Sierra Lakes Pky
Fontana, CA 92336
PRESTIGE PRESCHOOL ACADEMY · Retail Property For Sale
Investment Highlights
- Fifteen year, Absolute net, Corporate lease.
- Internet resistant industry.
- 6% initial cap rate with scheduled 12% rent increase every 5 years.
- Company's sixth Southern California location.
Property Facts
Amenities
- Signage
About 16427 SIERRA LAKES PKY , FONTANA, CA 92336
Newly constructed single tenant Prestige Preschool Academy childcare center located at 16427 Sierra Lakes Parkway in Fontana, California. Prestige is a 20 location childcare operator led by an experienced management team. There are currently six centers in Southern California. The fifteen year, absolute net lease commenced in August with rent commencing in December. This property is in the Sierra Lakes neighborhood, surrounded by Ralph's Supermarket, LA Fitness, Costco Wholesale, Lowe's Home Improvement, Dignity Health and many others. The Company chooses convenient locations near daily retail needs. Fontana has ideal demographics with long term population and income growth. There are 115,000 residents living within a 3 mile radius of this site with annual household incomes exceeding $92,000. Let us know how we can help you.
Property Taxes
| Parcel Number | 1119-181-24 | Improvements Assessment | $5,430,202 |
| Land Assessment | $1,305,286 | Total Assessment | $6,735,488 |
Property Taxes
