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FedEx, Marco's Pizza, West Dental Shops NEC of Citrus Ave & Highland Ave
6,240 SF 100% Leased Retail Building Fontana, CA 92336 $5,377,000 USD ($862 USD/SF) 5.35% Cap Rate
Investment Highlights
- New Class A Development | New Construction | 3-Tenant Offering
- Free & Clear of Existing Debt
- Dense and Highly Trafficked Trade Area
Executive Summary
Newmark Retail Capital Markets is pleased to offer qualified investors the opportunity to acquire the fee simple interest (land & building ownership) in a newly constructed multi-tenant pad investment leased to national tenants which include FedEx, Marco’s Pizza and West Coast Dental located in Fontana, California within Citrus Crossroads, a highly anticipated class A grocery anchored shopping center for North Fontana and the surrounding trade area. The 3 tenants recently signed brand new leases with options to extend, demonstrating their commitment to the site. All tenants operate under NNN leases. The leases feature annual rental increases throughout the initial term and option periods, growing NOI and hedging against inflation. The leases are NNN, making it an ideal, passive investment opportunity for an investor. All three leases feature strong corporate, and franchise, guarantees from successful service and restaurant-oriented businesses.
Data Room Click Here to Access
- Offering Memorandum
Property Facts In Escrow
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,240 SF
Building Class
A
Year Built
2024
Price
$5,377,000 USD
Price Per SF
$862 USD
Cap Rate
5.35%
NOI
$287,640 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.57 AC
Zoning
c2 - General Commercial
Amenities
- Corner Lot
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- FedEx
- Transportation and Warehousing
- 99,999 SF
- -
- Lorem Ipsum
- Jan 0000
- Marco's Pizza
- Accommodation and Food Services
- 99,999 SF
- -
- Lorem Ipsum
- Jan 0000
- West Coast Dental
- Health Care and Social Assistance
- 99,999 SF
- -
- Lorem Ipsum
- Jan 0000
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
FedEx | Transportation and Warehousing | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
Marco's Pizza | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
West Coast Dental | Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
1 of 6
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FedEx, Marco's Pizza, West Dental Shops | NEC of Citrus Ave & Highland Ave
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FedEx, Marco's Pizza, West Dental Shops | NEC of Citrus Ave & Highland Ave
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