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Sundowner
Fontana, CA 92335
Restaurant - Net Lease Investment · Retail Property For Sale
PROPERTY FACTS
- Restaurant
- General Retail Freestanding
- General Retail Storefront Retail/Residential
Amenities
- Bus Line
- Pylon Sign
- Signage
About Sundowner , Fontana, CA 92335
We are pleased to offer to qualified investors an opportunity to purchase a single tenant investment fully leased to Sundowners Restaurant. Sundowners has recently executed a new 20 year lease agreement and has 18 years remaining. Sundowners Restaurant has been operating at this location for over 32 years and has had exception store sales history at the location. This offering includes fixed rental increases of 10% every 5 years; providing an investor with attractive inflation protection and long-term stable cash flow backed by proven sales volumes. The property is comprised of a 5,600 square foot building and sits on an approximate 0.56 acre lot on one of the major North/South corridors of Fontana, CA. Strategically located, the subject property is positioned as an outparcel to a Harbor Freight anchored shopping center and sits directly across from the Chaffey College Fontana Campus (Chaffey College – Apprx 18,000 Students). Furthermore, the property sits just 5 miles East of the Fontana Auto Club Speedway and just 1 mile North of the Kaiser Permanente Fontana Medical Center. The Auto Club Speedway hosts over 320 days of track activity including the NASCAR Cup Series Auto Club 400 and brings hundreds of thousands of visitors every year to the area. This is a rare opportunity to purchase a proven single tenant restaurant asset in a dense Southern California market (low downside risk), with 18 years remaining, strong 10% rental escalations, located next to the Auto Club Speedway on one of the major intersections for
PROPERTY TAXES
Parcel Number | 0194-011-20 | Improvements Assessment | $1,558,446 |
Land Assessment | $546,824 | Total Assessment | $2,105,270 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 12443450
Date on Market: 5/2/2018
Last Updated:
Address: Sundowner, Fontana, CA 92335
The Retail Property at Sundowner, Fontana, CA 92335 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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