16701 Arrow Blvd - Freestanding FOR SALE
Fontana, CA 92335 |
16701 Arrow Blvd
Fontana, CA 92335
HIGHLIGHTS
- VALUE ADD – Pricing is based on current income. Future buyer has the opportunity for the lease up of the 1,000 SF vacancy
- PASSIVE INVESTMENT – NNN lease structure, with no landlord responsibilities.
- INVESTMENT GRADE TENANTS – Leases corporately guaranteed by both 7-Eleven and JP Morgan Chase.
- LOCATION – Located on a hard signalized corner of Arrow Blvd (18,000+ VPD) and Juniper Ave (15,000+ VPD). Over 34,000 residents in 1-mile radius
- MAJOR LL IMPROVEMENTS – Landlord secured permits to have the “shell” status and complete total” TI “for the vacant unit to be rent ready condition
- HEDGE AGAINST INFLATION – The lease features very attractive 10% rental increases every 5 years throughout the base term lease and option periods.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
4062
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
0191-271-16
