Property History
Incredible NEW “Class A Top Shelf” Development called the “The Crossings at Eastvale,” anchored by a 171,000 square foot Walmart Supercenter with full grocery, plus a large 16 pump Fuel Station (est opening December 2025);
12,000 – 13,000 daily trips to Wal Mart, generating immense sales for ancillary tenants;
Misters Car Wash is Publicly traded (Nasdaq MCW) and the Largest Car Wash Company in the United States with over 500 locations;
Corporate Absolute Net 15 Year Lease, with fixed rental escalations;
No CAP on any triple net expense | No CAP on Property tax increase due to sale;
Subject Parcel is over 1.5 acres and provides Investor with tremendous intrinsic value, including building two future pad buildings:
CC&R’s very broad, allowing a multitude of uses;
3 Monument signs available;
Tenant is responsible for all costs related to the development of their parcel and structures which the tenant shall build. Tenant pays all expenses, including but not limited to, property taxes, insurance, maintenance, repairs, capital improvements, utilities, and pro-rata common area expenses & management;
Eastvale is one of the fastest growing cities in America, strategically located in the middle of an “infill” region of Southern California, framed by four major freeways- the 60 & 91 freeways (east/west), and the 71 & Interstate 15 (north/south). Eastvale is bordered by the cities of Chino, Corona, Norco, and Ontario;
The Crossings at Eastvale is positioned at the SEQ of Limonite Avenue and Archibald Avenue, two major corridors which will continue to expand as the housing communities and industrial complexes continue to be constructed to meet the high demand in the area. The close proximity to Ontario Airport (20 miles), Interstate 15 & 91/60 freeways, make Eastvale ideal for logistics, company headquarters, and industrial parks;
Eastvale is ideal for residents looking for affordable master planned communities and to easily commute to nearby Orange & Los Angeles County employment centers and businesses in San Bernadino & Riverside counties;
Co-tenants include a McDonalds Drive Thru (3915 sf) and Better Buzz Coffee Drive Thru (1752 sf + patio). To the West Across Archibald, is the new 7-Eleven Store with fuel pumps. To the North Across Limonite is a new Sprouts and includes a large Chevron Gas Station, Starbucks Coffee, food, health, and banking tenants.
Loan History
Financial History
Tax History
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