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9288 Sierra Ave 6,946 SF Retail Building Fontana, CA 92335 $4,999,000 ($719.69/SF) 6.02% Cap Rate
Investment Highlights
- Passive NNN Lease - Minimal landlord responsibilities
- High Identity Hard Corner - Signalized intersection
- Excellent Location - Destination Retail Hub
- Investment Grade Tenant - Sept 2021 Foot Locker acquires WSS for $750 Million
- Top Performing Store
Executive Summary
Marquis Signature Properties is pleased to present Warehouse Shoe Sales(WSS) - A NNN Investment opportunity.
WSS provides an investor with a strong base and point of entry into the NNN- commercial investments field. Offering stability with a long-term tenancy, with more than 18 years! Positioned in an excellent location, with an extremely rare dense hard signalized corner lot, located on Sierra Ave. Comprising with a dense community and upward trending demographics.
The asset borders the I-10 , I-210 & I-15 Highways! Close proximity to Ontario International Airport, Fontana Kaiser Medical Ctr, , 99 Cents Only Store, 7-Eleven, Pizza Hut and close proximity to other major retailers.
WSS provides an investor with a strong base and point of entry into the NNN- commercial investments field. Offering stability with a long-term tenancy, with more than 18 years! Positioned in an excellent location, with an extremely rare dense hard signalized corner lot, located on Sierra Ave. Comprising with a dense community and upward trending demographics.
The asset borders the I-10 , I-210 & I-15 Highways! Close proximity to Ontario International Airport, Fontana Kaiser Medical Ctr, , 99 Cents Only Store, 7-Eleven, Pizza Hut and close proximity to other major retailers.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,946 SF
Building Class
B
Year Built
1991
Price
$4,999,000
Price Per SF
$719.69
Cap Rate
6.02%
NOI
$300,720
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.85 AC
Opportunity Zone
Yes
Zoning
C - Sec. 30-368 - Sierra Gateway District
Include a mix of medium to high density.
Parking
38 Spaces (4.73 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (73)
Nearby Major Retailers
Property Taxes
| Parcel Number | 0193-161-10 | Improvements Assessment | $2,918,532 |
| Land Assessment | $1,183,344 | Total Assessment | $4,101,876 |
Property Taxes
Parcel Number
0193-161-10
Land Assessment
$1,183,344
Improvements Assessment
$2,918,532
Total Assessment
$4,101,876
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9288 Sierra Ave
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