16933 Sierra Lakes

    Fontana, CA 92336
    • $4,380,000
    • STATUS: Active
    • ON SITE: 273 days
    • ID#: AR18173646
    UPDATED: 16 min ago
    $4,380,000
    • 0
      BEDS
    • 0.91
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,873
      SQFT
    • $1,131
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2009
    County:

    School Ratings & Info

    Description

    ***Great Investment Opportunity! Include LAND!!***Great freestanding building with active restaurants in very desirable city of Fontana. Single tenant McDonald's .2008 year lease that expires in 2028. Lease term can be extend every 5 years. Current rent is $9709.16/month. Rent will increase 10% every 5 years. HOA fee $770.66/month. Land area: approx 39,640 sf. Totally 48 parking space, 7 long time parking, 2 to go parking and 39 normal parking spaces. Great visibility from the highway.Direct access, off of 210 freeway, Number of retailers within short distance to Costco and many well-known restaurants. All informations deemed reliable but no guaranteed. Do not disturb occupant/tenant. Motivated seller! Price is negotiable.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-18T11:32:29.3. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.themarellygroup.com/homes/85753242

    16933 Sierra Lakes Fontana, CA 92336

    • Price: $4,380,000
    • Status: Active
    • Updated: 16 min ago
    • ID#: AR18173646
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.91
    Acres
    3,873
    SQFT
    $1,131
    $/SQFT
    2009
    Built
    Neighborhood:
    264 - Fontana
    County:
    San Bernardino
    Area:
    264 - Fontana
    Property Description
    ***Great Investment Opportunity! Include LAND!!***Great freestanding building with active restaurants in very desirable city of Fontana. Single tenant McDonald's .2008 year lease that expires in 2028. Lease term can be extend every 5 years. Current rent is $9709.16/month. Rent will increase 10% every 5 years. HOA fee $770.66/month. Land area: approx 39,640 sf. Totally 48 parking space, 7 long time parking, 2 to go parking and 39 normal parking spaces. Great visibility from the highway.Direct access, off of 210 freeway, Number of retailers within short distance to Costco and many well-known restaurants. All informations deemed reliable but no guaranteed. Do not disturb occupant/tenant. Motivated seller! Price is negotiable.
    Exterior Features

    Lot Features Lot 20000-39999 Sqft Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Cap Rate 3.35 Country Us Land Lease YN No Land Use Retail Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Retail Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of Henry Liu of Cbd Investment Inc. and Adam Luong of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-18T11:32:29.3. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003