Amazon Fresh | 16188 S Highland Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Amazon Fresh 16188 S Highland Ave
40,100 SF 4-Star Retail Building Fontana, CA 92336 $19,640,000 ($490/SF) 4.90% Cap Rate
Investment Highlights
- High tech “state of the art” grocer
- Strong demographics with average HH incomes in excess of $120,000 per year
- Excellent regional location
- Best in class “A” credit tenant
- Long term lease with contractual rent increases
Executive Summary
Newmark Retail Capital Markets is pleased to present qualified investors with the opportunity to acquire a brand new single tenant Amazon Fresh in the City of Fontana, California.
The offering consists of a newly constructed 40,100 square foot Amazon Fresh store located on a 4.03 acre fully improved land parcel. The subject property is the main anchor for the newly completed Citrus Crossroads Shopping center located at the Southeast corner of Citrus Avenue and the Foothill (210) Freeway in the City of Fontana. Co-tenant include Starbucks, Habit Burger Grill, Fedex and West Coast Dental. This is the first store in Southern California that is Amazon Fresh's brand new, modern prototype.
The trade area is characterized by a strong existing and growing residential base with average household incomes in excess of $120,000 per year in the immediate one-mile trade area.
The tenant offers the security of a top-tier institutional credit rating combined with a new 10 year lease that includes strong contractual rent increases.
This is an exceptional opportunity for private investors or 1031 trade buyers seeking a low risk, high quality asset with minimal management responsibilities.
The offering consists of a newly constructed 40,100 square foot Amazon Fresh store located on a 4.03 acre fully improved land parcel. The subject property is the main anchor for the newly completed Citrus Crossroads Shopping center located at the Southeast corner of Citrus Avenue and the Foothill (210) Freeway in the City of Fontana. Co-tenant include Starbucks, Habit Burger Grill, Fedex and West Coast Dental. This is the first store in Southern California that is Amazon Fresh's brand new, modern prototype.
The trade area is characterized by a strong existing and growing residential base with average household incomes in excess of $120,000 per year in the immediate one-mile trade area.
The tenant offers the security of a top-tier institutional credit rating combined with a new 10 year lease that includes strong contractual rent increases.
This is an exceptional opportunity for private investors or 1031 trade buyers seeking a low risk, high quality asset with minimal management responsibilities.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
40,100 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Construction Status
Under Construction
Price
$19,640,000
Price Per SF
$490
Cap Rate
4.90%
NOI
$962,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Land Acres
4.91 AC
Zoning
c2 - General Commercial
Amenities
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0240-011-58 | Improvements Assessment | $8,560,000 |
| Land Assessment | $5,140,963 | Total Assessment | $13,700,963 |
PROPERTY TAXES
Parcel Number
0240-011-58
Land Assessment
$5,140,963
Improvements Assessment
$8,560,000
Total Assessment
$13,700,963
-
William Bauman -
Kyle Miller -
Pablo Rodriguez -
Newmark
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Amazon Fresh | 16188 S Highland Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.