520 N Turner Ave
Ontario, CA 91761
Carvana | 20Yr Abs NNN w/ Increases · Retail Property For Sale

Carvana is located directly along Interstate 10, near its junction with Interstate 15. Together, I-10 and I-15 serve as two of the most heavily trafficked thoroughfares in Southern California, averaging 447,000 combined vehicles per day. The site has excellend frontage to and visibility from Interstate 10 due to Carvana’s 8-story Car Vending Machine prototype. Furthermore, the site is directly next to Ontario International Airport, most recently reporting more than 5.1M passengers in 2018. Nearby national/credit tenants include Target, Sam’s Club, Stater Bros., AMC Theatres, Kohl’s, and more, further increasing consumer draw to the trade area. The subject 5-mile trade area is supported by more than 317,000 residents with an average household income of $84,000. Carvana is a leading e-commerce platform for buying and selling used cars. The company is transforming the used car buying experience by giving customers a wide selection, great value and quality, transparent pricing and a simple, no pressure transaction. Using the Company’s website, customers can research and identify a vehicle, inspect it using the Company’s proprietary 360-degree vehicle imaging technology, obtain financing, purchase the vehicle, and schedule deliver or pick-up, all from their desktop or mobile devices. Purchased cars can be delivered as soon as the next day or picked up at one of Carvana’s 16 coin-operated Car Vending Machines. The Company was the fastest growing automotive retailer in 2018 by units (94,108 units sold; up 113% YOY), and expects to open 60+ new Carvana Markets and Car Vending Machines through 2019.