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Wienerschnitzel 4605 E 4th St 2,739 SF Retail Building Ontario, CA 91764 $2,880,000 ($1,051.48/SF) 5.29% Cap Rate
INVESTMENT HIGHLIGHTS
- Single-Tenant Wienerschnitzel, Freestanding building with Drive-Thru.
- Highly desirable outparcel to major retail center Ontario Mills.
- Dense, high growth Ontario Location. Easy access to Freeways 15 and 10.
- 20-year lease with 12 years remaining. 10% rental increase in 2027. 5..29% Cap Rate in 2027.
- Surrounded by national retailers: Costco, Target, Sam's Club, Regal Edwards Cinemas, Krispy Kreme, Burger King, Olive Garden, Lazy Dog restaurants etc
- 10% rental increases every 5 years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,739 SF
Building Class
B
Year Built
1998
Price
$2,880,000
Price Per SF
$1,051.48
Cap Rate
5.29%
NOI
$152,460
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.74 AC
Zoning
0320
Parking
32 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0238-014-33 | Improvements Assessment | $1,360,934 |
| Land Assessment | $1,450,175 | Total Assessment | $2,811,109 |
PROPERTY TAXES
Parcel Number
0238-014-33
Land Assessment
$1,450,175
Improvements Assessment
$1,360,934
Total Assessment
$2,811,109
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Wienerschnitzel | 4605 E 4th St
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