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16138-16164 S Highland Ave 2,800 SF Retail Building Fontana, CA 92336 $4,365,393 CAD ($1,559.07 CAD/SF) 5.25% Cap Rate
Investment Highlights
- Brand new 10-year lease with Credit Union of Southern California
- Corner Exposure - Right off the 210 freeway
- Located in a high-growth North Fontana trade area
- Citrus traffic count of +-19,365 CPD
- Quality tenants like The Habit and Starbucks
- Affluent surrounding demographics with average household incomes exceeding $116,000 within one mile
Executive Summary
CBRE is pleased to present the opportunity located in prime North Fontana, a newly constructed site, single-tenant retail investment fully leased to Credit Union of Southern California on a brand-new 10-year absolute NNN lease. This passive investment offers stable, long-term cash flow from an established financial institution within one of the Inland Empire's fastest-growing trade areas. Adding to the investment's appeal, the property includes a separate EV charging component featuring Tesla Superchargers operated under a long-term agreement, further enhancing the asset's income profile and generating A SECOND revenue opportunity for the new owner.
Property Facts
Sale Type
Investment NNN
Sale Condition
Building in Shell Condition
Property Type
Building Size
2,800 SF
Building Class
B
Year Built
2023
Price
$4,365,393 CAD
Price Per SF
$1,559.07 CAD
Cap Rate
5.25%
NOI
$229,183 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.23 AC
Zoning
C2 - General Commercial
Frontage
1’ on Highland Ave
Amenities
- Corner Lot
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,419,298 CAD | |
| Land Assessment | $2,049,506 CAD | Total Assessment | $7,468,805 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,049,506 CAD
Improvements Assessment
$5,419,298 CAD
Total Assessment
$7,468,805 CAD
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16138-16164 S Highland Ave
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