www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze property details including ownership and financial history. Share advanced property insights with your clients and teams.

Amazon Fresh

Amazon Fresh

Listing Contacts

Active

Asking Price: $19,640,000
Address 

16188 S Highland Ave, Fontana, CA 92336

Show on Map
Date Added
Nov 10, 2023
Days on Market
495 days
Time Since Last Update
65 days

Details

Property TypeRetail
SubtypeGrocery Store
Investment TypeCore
Lease TypeNNN
TenancySingle
Brand/TenantAmazon Fresh
Lease Term15 years
Lease Commencement09/01/2024
Lease Expiration08/31/2039
Remaining Term14.5 years
Square Footage40,100
Price/Sq Ft$489.78
Cap Rate5.00%
Occupancy100%
Occupancy Date09/01/2025
NOI$962,400
Units1
Year Built2024
Buildings1
Stories1
Lot Size (acres)4.03
Rent Bumps10% at each option
APN0240-011-58
Lease OptionsThree (3) Five (5) Year Options and (1) Four (4) Years and Six (6) months

Marketing Description

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 constricted, 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-tenants 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.​

Investment Highlights

  • High tech “state of the art” grocer -- newest Amazon Fresh prototype

  • Best in class “A” credit tenant

  • New high-quality construction

  • Long term lease with contractual rent increases

  • Excellent regional location -- projected to be one of the highest volume locations in Southern CA based on Amazon Prime shopper data

  • Strong demographics with average HH incomes in excess of $120,000 per year

  • Co-tenants in the center include Starbucks, Habit Burger Grill, Fedex, and West Coast Dental

  • Minimal management responsibilities

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$962,400.00
$80,200.00/mo

Valuation Metrics

0
DSCR
4.9%
Cap Rate
4.9%
ROI
Subscribe to Intelligence
View property history data!
Access historical property and tax details including tax amounts, land value, and more to inform your next opportunity.
Date Event Document Price Price/SF Sold By Sold To
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access

Due Diligence

Please execute confidentiality agreement to access the due diligence

Listing Contacts


Similar Properties for Sale

Pictures of Mixed Use, Office, Retail property located at 16252 Baseline Ave, Fontana, CA 92336 for sales - image #1
$1,500,000
16252 Baseline Ave
Mixed Use • 2,224 SF

16252 Baseline Ave Fontana, CA 92336

Pictures of Retail property located at 16701 Arrow Blvd, Fontana, CA 92335 for sales - image #1
Opportunity Zone
$2,917,000
7-Eleven
Value Add Opportunity!

16701 Arrow Blvd Fontana, CA 92335

Pictures of Retail property located at 17725 Foothill Blvd, Fontana, CA 92335 for sales - image #1
virtual tour
$5,749,000
Gas Station Anchored - Occupied MultiTenant Retail
Investment - 100% Occupied Gas Station Anchored Retail Center

17725 Foothill Blvd Fontana, CA 92335

Pictures of Retail property located at 1320 W Baseline Rd, Rialto, CA 92376 for sales - image #1
$3,830,000
Popeyes Drive-Thru | Rialto, CA
15-Year Absolute NNN Ground Lease • 20-Year Operating History • Top 30% Performing Popeyes in Cali

1320 W Baseline Rd Rialto, CA 92376

Pictures of Land, Retail property located at 9135 Sierra Ave., Fontana, CA 92335 for sales - image #1
$2,980,000
9135 Sierra Ave, Fontana, CA 92335
Retail/Land • 18,480 SF

9135 Sierra Ave. Fontana, CA 92335

Pictures of Retail property located at 9251 Sierra Ave., Fontana, CA 92335 for sales - image #1
$7,516,000
Pic N' Save & Tacos Jalisco - Fontana CA
Retail • 6.40% CAP

9251 Sierra Ave. Fontana, CA 92335

Pictures of Retail property located at 9288 Sierra Ave., Fontana, CA 92335 for sales - image #1
Opportunity Zone
$5,200,000
*NEW* MARQUIS Retail NNN Warehouse Shoe Sales (WSS)
Extraordinary NNN Retail Offering

9288 Sierra Ave. Fontana, CA 92335

Pictures of Retail, Office property located at 7391 East Ave, Fontana, CA 92336 for sales - image #1
$17,900,000
East Avenue Plaza
Retail • 33,000 SF

7391 East Ave Fontana, CA 92336

Pictures of Retail property located at 1731 S Cactus Ave, Rialto, CA 92376 for sales - image #1
$5,300,000
Automobile Dealership Lot
Retail • 10.77% CAP • 46,348 SF

1731 S Cactus Ave Rialto, CA 92376

Pictures of Retail property located at 8009 Day Creek Blvd, Rancho Cucamonga, CA 91739 for sales - image #1
$5,348,000
Ben Bridge Jeweler - Rancho Cucamonga, CA
Ben Bridge Jeweler • 8.6 Years Firm Term • Passive NN Lease • Rancho Cucamonga, CA

8009 Day Creek Blvd Rancho Cucamonga, CA 91739

Pictures of Retail, Office property located at 106-118 N Riverside Ave, Rialto, CA 92376 for sales - image #1
Opportunity Zone
$1,695,000
106-118 N Riverside Ave
Retail

106-118 N Riverside Ave Rialto, CA 92376

See more properties for sale in Fontana
See More
See More Similar Properties
Broker Information
Broker Name
Kyle Miller
Broker License
CA CA 01716644
Broker Name
Bill Bauman
Broker License
CA CA 00969493
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .