2958 S Milliken Ave - Retail FOR SALE


Ontario, CA 91761
$2,789,000 USD
949-725-8582
2958 S Milliken Ave, Ontario, CA for Sale
$2,789,000 USD
Retail - FOR SALE
1/5
null | 4.75% Cap Rate

2958 S Milliken Ave
Ontario, CA 91761


HIGHLIGHTS

  • Dominant Brand, Corporate Tenancy – Del Taco is the second largest Mexican-American QSR chain in the US
  • Brand New NNN Ground Lease – Del Taco opened September 2025 on a 20-year NNN Ground Lease
  • Scheduled Rental Increases – The lease is structured with 10% rental increases every 5 years
  • Complimentary Surrounding Tenants – Del Taco is strategically located alongside national tenants including Starbucks, 7-Eleven & Jack in the Box
  • High Traffic, Convenient Location – Directly off S Milliken Ave (±16,200 CPD) with immediate access to Route 60 (±197,400 CPD)

OVERVIEW

* Dominant Brand, Corporate Tenancy – Del Taco is the second largest Mexican-American QSR chain in the US with ±595 locations across 18 states, generating nearly $1 billion in annual US system-wide sales * Brand New NNN Ground Lease – Del Taco opened September 2025 on a 20-year NNN Ground Lease, the most secure form of real estate investment, with 4 additional 5-year renewal options, demonstrating the tenant’s commitment to this location * Scheduled Rental Increases – The lease is structured with 10% rental increases every 5 years, providing a stable and secure stream of income * Complimentary Surrounding Tenants – Del Taco is strategically located alongside national tenants including Starbucks (opened October 2023), 7-Eleven (opened December 2024), and Jack in the Box (scheduled to open May 2026 – also available for sale), creating a point-of-destination retail location for residents, employees and travelers alike * High Traffic, Convenient Location – Directly off S Milliken Ave (±16,200 CPD) with immediate access to Route 60 (±197,400 CPD), and Interstate 15 (±225,100 CPD), the property is optimally positioned for strong traffic flows

FOR SALE DETAILS

PRICE

$2,789,000 USD

PRICE/SF

$561 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Del Taco

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CC-Community Commercial

APN/PARCEL ID

1083-361-25

ASK ABOUT THIS PROPERTY

Erin SmithCBREMore Info
949-725-8582

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Erin SmithCBREMore Info
949-725-8582

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.