9780 Sierra Ave | Fontana, CA 92335
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- LoopNet Team
9780 Sierra Ave
Fontana, CA 92335
$172PSF |LOW GROSS RENTS| | 7.8% CAP PROFORMA · Retail Property For Sale
Investment Highlights
- Below-market rents and gross leases provide tremendous upside approximately 7.8% cap rate on stabilized NOI
- Opportunity to convert gross leases to a net lease structure
- Flexible zoning allows for an array of uses that provide a higher potential for future development
- Five out of seven tenants do not have options. This property offers the new owner the opportunity to raise rents and restructuring the short-term
- Additional cash flow can be generated by developing the adjacent ± 1.1 acres of excess land
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
15,697 SF
Building Class
B
Year Built
1979
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
2.21 AC
Zoning
C3, Fontana - commercial
Parking
50 Spaces (3.19 Spaces per 1,000 SF Leased)
Frontage
176 FT on Sierra
Amenities
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 0193-311-12 | Improvements Assessment | $1,632,000 |
| Land Assessment | $1,632,000 | Total Assessment | $3,264,000 |
PROPERTY TAXES
Parcel Number
0193-311-12
Land Assessment
$1,632,000
Improvements Assessment
$1,632,000
Total Assessment
$3,264,000
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