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29659845
29669224

12464-12574 Limonite Ave, Eastvale, CA 91752

JE
CA CA 01931224
CBRE LA
KY
CA 02132126
CBRE LA
CC
01101138
CBRE - Ontario
EM
CA Lic. 01358783
CBRE LA
Listed by CBRE LA, CBRE - Ontario
$19,785,000
116 days on market
Updated 53 days ago

Eastvale Gateway South

Details
APN 152-650-006; 152-650-018; 152-650-013; 152-650-002; 152-650-001
Property Type Retail
Sub Type QSR/Fast Food, Shopping Center
Occupancy 100%
Tenancy Multi
Brand/Tenant Walgreens, Taco Bell (+2)
Lease Type NNN
Acreage 5.420

NNN Retail Portfolio | Eastvale, CA

Marketing description

Eastvale, a thriving city in Riverside County, California, presents a compelling opportunity for retail investment. Its affluent population (median household income of $156,922), steady growth (71,158 residents in 2024), and strategic location with easy freeway access (15, 60, 71, and 91) drive strong demand. Retail rents average $32.00/SF triple net, exceeding the Inland Empire average by 15%, while vacancy rates remain low at 4.8%. Recent sales activity, including $58 million in the first three quarters of 2024, underscores the city’s appeal.

Eastvale Gateway South is part of the larger Eastvale Gateway retail hub; one of the Inland Empire’s premier power centers, strategically located at the high‑traffic intersection of Limonite Avenue & Hamner Avenue in the rapidly growing City of Eastvale. The center benefits from direct visibility and easy access to the Ontario Freeway (I‑15), the primary north–south corridor serving western Riverside and San Bernardino Counties.

This strategic placement allows the property to draw from several dense, high‑income trade areas, including Eastvale, Mira Loma, Ontario, Corona, Norco, and Chino. The center records over 10 million annual visitors, driven by its powerhouse tenant mix and its proximity to SilverLakes Sports Park, which alone draws 1 million visitors per year. The center also benefits from extremely strong vehicular traffic counts, with a prime intersection generating 162,384 cars per day (CPD), making it one of the highest‑visibility retail locations in the Inland Empire.

Eastvale offers a robust market for premium retail, dining, and entertainment, supported by ongoing housing development.

Investment highlights

  • Occupancy: 100%
  • Nearby Housing Development underway
  • Thriving Retail Corridor
  • Continued Population Growth

Listing Contacts

JE
CA CA 01931224
CBRE LA
KY
CA 02132126
CBRE LA
CC
01101138
CBRE - Ontario
EM
CA Lic. 01358783
CBRE LA
Listed by CBRE LA, CBRE - Ontario

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Additional Information

Name
Jenny Eng
License
CA 01931224
Brokerage
CBRE
Brokerage Phone
8189074606
Title
First Vice President
Brokerage Address
234 South Brand Boulevard
Name
Khalid Yosufzai
License
02132126
Brokerage
CBRE
Title
Transaction Manager
Brokerage Address
234 South Brand Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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