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16401 Sierra Lakes Pky
Fontana, CA 92336

PRESTIGE PRESCHOOL ACADEMY · Retail Property For Sale

Investment Highlights

  • Fifteen year, Absolute net, Corporate lease.
  • Internet resistant industry.
  • 6% initial cap rate with scheduled 12% rent increase every 5 years.
  • Company's sixth Southern California location.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,700 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.32 AC
Zoning
c1 - Community Commercial

About 16401 Sierra Lakes Pky , Fontana, CA 92336

Newly constructed single tenant Prestige Preschool Academy childcare center located at 16427 Sierra Lakes Parkway in Fontana, California. Prestige is a 20 location childcare operator led by an experienced management team. There are currently six centers in Southern California. The fifteen year, absolute net lease commenced in August with rent commencing in December. This property is in the Sierra Lakes neighborhood, surrounded by Ralph's Supermarket, LA Fitness, Costco Wholesale, Lowe's Home Improvement, Dignity Health and many others. The Company chooses convenient locations near daily retail needs. Fontana has ideal demographics with long term population and income growth. There are 115,000 residents living within a 3 mile radius of this site with annual household incomes exceeding $92,000. Let us know how we can help you.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1119-181-25
Land Assessment
$43,764
Improvements Assessment
$0
Total Assessment
$43,764
  • Listing ID: 16766010

  • Date on Market: 7/30/2019

  • Last Updated:

  • Address: 16401 Sierra Lakes Pky, Fontana, CA 92336

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