949-725-8507
3801-4097 Grand Ave, Chino, CA for Sale
Supermarket - FOR SALE
1/10
null | Request Cap Rate

3801-4097 Grand Ave
Chino, CA 91710


HIGHLIGHTS

  • Dominant, Point of Destination Shopping Center
  • Brand New, Top Tier Specialty Grocery Anchor – H Mart
  • High Credit Tenancy – Approximately 387,223 SF (89%) of the offering is leased to national or regional credit tenants

OVERVIEW

* Dominant, Point of Destination Shopping Center – Chino Spectrum Towne Center is a meticulously maintained, institutionally owned 461,269 SF community center anchored by high performing, top tier national retailers consisting of a Walmart Supercenter (NAP), Sam’s Club (NAP), Kohl’s, Five Below, Best Buy, Nordstrom Rack, Raising Cane’s and ULTA, along with a complimentary mix of other national, regional and local retailers and restaurants. * Brand New, Top Tier Specialty Grocery Anchor – H Mart represents the most recent addition to the offering with a new long term 15-year lease, fortifying the center with one of the largest and most desirable specialty grocers in the market, and a strategic demographic fit, complimenting the existing tenant line up and the two additional regional draw grocery anchors, Walmart Supercenter (223,995 SF - NAP) and Sam’s Club (86,995 SF - NAP) offering shoppers a wide selection of daily needs products and price points in the region. * H Mart is America’s largest Asian supermarket, founded in 1982, featuring over 100 stores internationally, the company has established itself as the premier food destination for Asian groceries, daily needs and traditional grocery items. * High Credit Tenancy – Approximately 387,223 SF (89%) of the offering is leased to national or regional credit tenants with established operating histories and highly attractive rental increases. In addition, the embedded Walmart Supercenter and Sam’s Club anchors provide a strong regional draw, enhancing the “cross shopping“ experience to the owned tenancy, further enhancing their sales performance. * Regional Accessibility – Accessible directly off State Route 71 (±119,040 CPD) and within minutes of the Pomona 60 Freeway (±241,159 CPD), the Riverside 91 Freeway (±263,241 CPD) and the 57 Freeway (±143,885 CPD) enabling easy accessibility for shoppers throughout southern California.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chino Spectrum Towne Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

3233

LAND DETAILS

LAND ACRES

40.59 AC

LAND SF

1,768,100 SF

ZONING

RM

APN/PARCEL ID

1022-271-16

ASK ABOUT THIS PROPERTY

Jimmy SlusherCBRE, Inc.More Info
949-725-8507

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

Jimmy SlusherCBRE, Inc.More Info
949-725-8507

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