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Ojos Locos | Chino, CA 5455 Philadelphia St 8,000 SF Retail Building Chino, CA 91710 $5,220,000 ($652.50/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- New 15-Year Absolute NNN Lease Corporate Guaranty
- Fee-Simple Ownership Allows for Depreciation
- Outparcel to Target, Ross, Burlington, dd’s Discount, and Planet Fitness Power Center
- Absolute NNN Lease With Zero Landlord Responsibility
- Operating 36 Locations and Expanding in California, Texas, Arizona, Nevada, and New Mexico
- New Anchor Tenants Coming Soon; Hispanic Grocer and EOS Fitness
EXECUTIVE SUMMARY
New 15-Year Lease | Absolute NNN (Land & Improvements) | Corporate Guaranty | Outparcel to Target Power Center
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
B
Year Built/Renovated
1989/2025
Price
$5,220,000
Price Per SF
$652.50
Cap Rate
5.75%
NOI
$300,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.64 AC
Zoning
CR - Restaurant Building
Parking
30 Spaces (3.2 Spaces per 1,000 SF Leased)
Frontage
283’ on Philadelphia St
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Signalized Intersection
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- -
Ojos Locos was founded in 2010 opening their first location in Dallas, TX. The concept was built to cater to the Latino bringing you a comfortable laid back sports cantina where you can sit back and relax after a hard day’s work, watch your favorite team play, party with friends, dine with family and enjoy outgoing and friendly service by one of our chicas coquetas y bonitas.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Accommodation and Food Services | - | - | - |
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1015-061-06 | Improvements Assessment | $591,600 |
| Land Assessment | $561,000 | Total Assessment | $1,152,600 |
PROPERTY TAXES
Parcel Number
1015-061-06
Land Assessment
$561,000
Improvements Assessment
$591,600
Total Assessment
$1,152,600
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Ojos Locos | Chino, CA | 5455 Philadelphia St
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