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East Avenue Plaza 3 Retail Properties Offered at $10,500,000 in Fontana, CA
INVESTMENT HIGHLIGHTS
- Priced Below Replacement Cost
- Close Proximity to 15 Freeway
- Historically High Occupancy Levels in Non-Owner-Occupied Units
EXECUTIVE SUMMARY
• Three Freestanding Single-Story Building Retail Center Totaling 53,112 SF
• Value Add Opportunity with 33,000 SF Owner-Occupied Anchor Unit to be Delivered Vacant
• Large 4.69 Acre Site with Excellent Parking (4.5/1,000 SF)
• Priced Below Replacement Cost
• Historically High Occupancy Levels in Non-Owner-Occupied Units
• Freeway Visibility from the 15 North with 171,000 VPD
• Dense, Infill Location with Low Likelihood of Additional Future Competition
• Strong 1,3 & 5 Mile Radius Demographics with Large Population & High Median Household Income
• Close Proximity to Significant Industrial Submarkets with Growing Populations
• Value Add Opportunity with 33,000 SF Owner-Occupied Anchor Unit to be Delivered Vacant
• Large 4.69 Acre Site with Excellent Parking (4.5/1,000 SF)
• Priced Below Replacement Cost
• Historically High Occupancy Levels in Non-Owner-Occupied Units
• Freeway Visibility from the 15 North with 171,000 VPD
• Dense, Infill Location with Low Likelihood of Additional Future Competition
• Strong 1,3 & 5 Mile Radius Demographics with Large Population & High Median Household Income
• Close Proximity to Significant Industrial Submarkets with Growing Populations
PROPERTY FACTS
| Price | $10,500,000 | Number of Properties | 3 |
| Price / SF | $143.40 / SF | Individually For Sale | 0 |
| Cap Rate | 7.33% | Total Building Size | 73,224 SF |
| Sale Type | Investment | Total Land Area | 14.07 AC |
| Status | Active |
| Price | $10,500,000 |
| Price / SF | $143.40 / SF |
| Cap Rate | 7.33% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 73,224 SF |
| Total Land Area | 14.07 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 7391 East Ave, Fontana, CA 92336 | Retail | 53,112 SF | 2001 | - |
| 7337 East Ave, Fontana, CA 92336 | Retail | 10,056 SF | 2005 | - |
| 7373 East Ave, Fontana, CA 92336 | Retail | 10,056 SF | 2005 | - |
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East Avenue Plaza
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