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Jack in the Box- Absolute NNN 17020 S Highland Ave 2,600 SF Retail Building Fontana, CA 92336 $2,500,000 ($961.54/SF) 4.20% Cap Rate
INVESTMENT HIGHLIGHTS
- Primary entrance to Highland Village Shopping Center- Excellent Accessibility & Visibility Location along the 210 Freeway
- Pylon Sign
- Dominant Retail trade Area: National / Regional Tenants
EXECUTIVE SUMMARY
Absolute NNN Ground Lease | Pad to Sprouts Grocery
20-Year Lease | 10% rent bumps every 5 years
Tenant: Top-performing Jack in the Box operator | 2,190+ locations in 23 states
Corporate and Personal Guarantees by Experienced Multi-Unit Operators
Premier Highland Village Location | Anchored by Sprouts
Co-tenants: Dutch Bros, Jersey Mike’s, Raising Cane’s, Pacific Dental & more
Shadow Anchor: Fontana Auto Center
Freeway Frontage: Directly off 210 Freeway (119,000 CPD) with pylon signage
Dominant Retail Trade Area
Nearby tenants: Costco, Home Depot, Lowe’s, Ralph’s, LA Fitness, proposed Walmart
Explosive Growth: 10,000+ new homes and 5M+ SF industrial within 2.5 miles
Strong Demographics: 320,000+ people in 5-mile radius | 2nd largest city in San Bernardino County
20-Year Lease | 10% rent bumps every 5 years
Tenant: Top-performing Jack in the Box operator | 2,190+ locations in 23 states
Corporate and Personal Guarantees by Experienced Multi-Unit Operators
Premier Highland Village Location | Anchored by Sprouts
Co-tenants: Dutch Bros, Jersey Mike’s, Raising Cane’s, Pacific Dental & more
Shadow Anchor: Fontana Auto Center
Freeway Frontage: Directly off 210 Freeway (119,000 CPD) with pylon signage
Dominant Retail Trade Area
Nearby tenants: Costco, Home Depot, Lowe’s, Ralph’s, LA Fitness, proposed Walmart
Explosive Growth: 10,000+ new homes and 5M+ SF industrial within 2.5 miles
Strong Demographics: 320,000+ people in 5-mile radius | 2nd largest city in San Bernardino County
PROPERTY FACTS In Escrow
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,600 SF
Building Class
B
Year Built
2018
Price
$2,500,000
Price Per SF
$961.54
Cap Rate
4.20%
NOI
$105,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.54 AC
Zoning
C2
Frontage
97’ on S Highland Ave
AMENITIES
- Freeway Visibility
- Pylon Sign
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0240-121-40 | Improvements Assessment | $2,021,059 |
| Land Assessment | $874,917 | Total Assessment | $2,895,976 |
PROPERTY TAXES
Parcel Number
0240-121-40
Land Assessment
$874,917
Improvements Assessment
$2,021,059
Total Assessment
$2,895,976
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Jack in the Box- Absolute NNN | 17020 S Highland Ave
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