Anchored Big Box Retail
131 E Riverside Drive, Ontario, CA 91761
New
Two-tenant, big box retail asset with long weighted lease terms and an additional land pad for future value-add.
Type:Retail
Property size:
29,120 SFLot size:
3.77 AcresPrice / SF:
$169/SF- Added:
- Jun 1, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 3 at 2:59 am
Property Features for 131 E Riverside Drive
General Information
- Standard status
- Active
- Size
- 29,120 SF
- Lot size
- 3.77 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1980
Properties For Sale
at 131 E Riverside Drive Contact us
Listing agent Matthew Mousavi License #CA 01732226 (714) 404-8849
Listing office SRS Industrial - Newport Beach (714) 404-8849
Listing date Jun 1, 2026
Source Srsre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SRS Industrial - Newport Beach
HighLights
- Two‑tenant, anchored big box retail center in Ontario, CA with 29,120 rentable SF across two suites
- Located on 3.77 acres with two parcels, plus a separate 1.02‑acre land pad available for future development or leasing
- Property is 100% occupied by New Century Market (approx. 14,120 SF) and Dollar Tree
- Weighted average lease term of approximately 14.2 years, helping minimize near‑term rollover risk
- New Century Market operates under a long‑term NNN lease with scheduled 10% rental increases every five years
- Dollar Tree executed a new 10‑year lease extension
Overview
This fee simple offering presents an anchored, two-tenant big box retail center with two large parcels totaling 3.77 acres and approximately 29,120 rentable square feet across two suites. The property is 100% occupied by New Century Market and Dollar Tree, providing in-place income supported by long-duration leasing. New Century Market occupies approximately 14,120 square feet under a long-term NNN lease with scheduled 10% rental increases every five years through the primary term. Dollar Tree has executed a new 10-year lease extension, and the asset carries a weighted average lease term of approximately 14.2 years to help reduce near-term rollover risk.
The site includes a parcelized 1.02-acre land pad available for future development or leasing, creating a built-in opportunity to monetize additional square footage or potentially pursue a pad sale. Recent and planned investment activity further supports the area’s growth trajectory, including the addition of a new Dutch Bros Coffee location and a planned two-story self-storage facility.
For buyers and investors, this configuration offers immediate cash flow with national-credit retail exposure plus a defined value-add component through the available land pad. The combination of stable tenancy, minimal near-term lease rollover, and future site flexibility makes the property well-suited for an income-oriented acquisition or for operators seeking long-term retail holdings with upside.
The site includes a parcelized 1.02-acre land pad available for future development or leasing, creating a built-in opportunity to monetize additional square footage or potentially pursue a pad sale. Recent and planned investment activity further supports the area’s growth trajectory, including the addition of a new Dutch Bros Coffee location and a planned two-story self-storage facility.
For buyers and investors, this configuration offers immediate cash flow with national-credit retail exposure plus a defined value-add component through the available land pad. The combination of stable tenancy, minimal near-term lease rollover, and future site flexibility makes the property well-suited for an income-oriented acquisition or for operators seeking long-term retail holdings with upside.
Location Intelligence
Current Use by Public Records
Dollar Tree
Discount Store
Amazon Locker - Tommasina
Courier Service
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Location Insight
- Map
- Local Demand
- City
- Ontario
- County
- San Bernardino
- State
- California
- Longitude
- -117.6496316
- Latitude
- 34.0207035
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Two-tenant, big box retail asset with long weighted lease terms and an additional land pad for future value-add.
Where is this shopping center located?
The property is located at 131 E Riverside Drive Ontario, CA.
What is the asking price?
The asking price for this property is $4,945,000.
What are key features of this property?
This property features: Two‑tenant, anchored big box retail center in Ontario, CA with 29,120 rentable SF across two suites; Located on 3.77 acres with two parcels, plus a separate 1.02‑acre land pad available for future development or leasing; Property is 100% occupied by New Century Market (approx. 14,120 SF) and Dollar Tree
