16035 Sierra Lakes Pky
Fontana, CA 92336

The CBRE Net Lease Property Group and National Retail Partners-West are pleased to offer a 3,255-square-foot Jiffy Lube situated on 0.86 acres in Fontana, California (Population: 209,552). Jiffy Lube’s new 19.5-year corporately guaranteed absolute NNN lease commenced in December 2017 and includes 10% rent increases every 5 years throughout the term. The property is ideally located with ample access and visibility along Sierra Lakes Parkway (Traffic Count: 14,800 VPD) and Citrus Avenue, just north of Interstate 210 (111,000 VPD). The property is also situated within Sierra Lakes West, a 179,000-square-foot Home Depot-anchored plaza that is also occupied by AutoZone, Farmer Boys, Taco Bell, Prestige Animal Hospital, and America’s Tire. The other corners of the immediate intersection are occupied by a 107,000 SF retail center anchored by Ralph’s and Walgreens, the Ralph M. Lewis Sports Complex and Sierra Lakes, a master planned community with over 1,000 homes and an 18-hole championship golf course. The site is also within Fontana’s preeminent retail and commercial corridor with 3.6 MSF of retail, 23.3 MSF of industrial, and 3,103 multifamily units within a 3-mile radius. A number of notable developments are also ongoing in the immediate area, including the “Renaissance Rialto”, a redevelopment of 1,500 acres yielding 4.5 MSF of industrial use with additional space for residential, restaurants, retail, office, and hotels. A critical mass of new industrial facilities have also recently been constructed in the immediate area, including build-to-suits for Under Armour, Amazon, FedEx, Target and Monster Energy, to name a few. Other major retailers with a presence in the immediate vicinity include Petco, Office Max, Popeyes, LA Fitness, Wells Fargo, Costco Wholesale, Starbucks, Carl’s Jr., and Lowe’s Home Improvement, among many others. Jiffy Lube futher benefits from a strong built-in customer base with a population of 114,742 and an average household income of $97,802 within a 3-mile radius. Furthermore, the site is favored by its location within the Riverside – San Bernardino – Ontario, CA MSA (Population: 4.5 million), which is a component of the Los Angeles – Long Beach, CA Combined Statistical Area (Population: +18.9 million), the second-largest urban area in the nation, behind the New York City area.