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17000 Foothill Blvd 17,640 SF Retail Building Fontana, CA 92335 $10,691,176 CAD ($606.08 CAD/SF) 5.85% Cap Rate
Investment Highlights
- Single-Tenant Absolute NNN Smart & Final with Excellent Sales: Over 11 years remaining on an absolute NNN corporate guaranteed lease
- Major East/West Thoroughfare (33,200 CPD): Strategically positioned on Foothill Boulevard, a major retail thoroughfare for the city of Fontana
- Excellent Demographics for Smart & Final: Nearly 375,000 residents in a 5-mile trade area with an average household income of more than $118,600
- 10% rental increases in July 2027, July 2032, and at the beginning of 3 out of the 5 option periods; FMV thereafter
- Excellent Visibility and Frontage: Large monument sign and excellent frontage on Foothill Blvd increases visibility to the subject property
Executive Summary
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- Jun 2037
Smart & Final is a privately held grocery and supply warehouse chain founded in 1871, headquartered in Commerce, California. The company operates approximately 254 stores across the Western U.S. and northern Mexico, targeting both household and food service clientele. It is owned by Chedraui USA (formerly Bodega Latina Corporation), the U.S. subsidiary of Grupo Comercial Chedraui. Smart & Final has roots dating back to Hellman, Haas & Co., launched in Los Angeles in 1871, and merged with Smart & Final Wholesale Grocers in 1953. Over the decades, it expanded through the introduction of self-serve “cash-and-carry” models and the launch of Smart & Final Extra! stores in 2008. While privately held, the company remains a key regional player in the warehouse grocery segment.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Jun 2037 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 0190-201-29 | Improvements Assessment | $5,987,455 CAD |
| Land Assessment | $1,881,771 CAD | Total Assessment | $7,869,226 CAD |
Property Taxes
Presented by
17000 Foothill Blvd
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