Signalized Corner Mixed-Use
New
For Sale
$2,615,000
15395 Foothill, Fontana, CA 92335
Includes restaurant, residential, and ancillary improvements on a commercially zoned site.
Property Size7,806 SF
Lot Size0.94 Acres
Price / SF$334
Days on Market2
Property Features for 15395 Foothill
General Information
Standard status
Active
Size
7,806 SF
Lot size
0.94 Acres
Zoning
CG
Additional Details
Road Access
Yes
Land Use
commercial
Building Details
Year Built
1915
Listing Agency:
M G R REAL ESTATE
Listed By:
DANIEL VALENZUELA · License #01871441
(951) 224-1024
Source:
Robertandchristy
Added: Sep 9
Changed: Sep 10
Last Checked: Aug 25 at 5:23AM
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 M G R REAL ESTATE
Investment Insights
Based on property information with market context.
This mixed-use property occupies a 40,844± square foot (0.94± acre) corner parcel with approximately 7,806± square feet of improvements, plus a 282± square foot basement. The site includes a 5,416± square foot restaurant, a 1,175± square foot single-family residence, a freestanding studio apartment, a four-car detached garage, and a storage building. More than 30 surface parking spaces are in place.
Located at 15395 Foothill in Fontana, the property sits at a signalized intersection with access from Cherry Avenue and Citrus Avenue. Reported traffic volumes are approximately 32,630 vehicles per day on Cherry Avenue and 20,086 vehicles per day on Citrus Avenue. County CG (General Commercial) zoning supports a range of commercial uses identified in the property information, including medical, retail, restaurant, professional office, automotive, and fuel station operations.
Located at 15395 Foothill in Fontana, the property sits at a signalized intersection with access from Cherry Avenue and Citrus Avenue. Reported traffic volumes are approximately 32,630 vehicles per day on Cherry Avenue and 20,086 vehicles per day on Citrus Avenue. County CG (General Commercial) zoning supports a range of commercial uses identified in the property information, including medical, retail, restaurant, professional office, automotive, and fuel station operations.
Key Highlights
- 40,844± square foot (0.94± acre) corner parcel
- Approximately 7,806± square feet of combined improvements, excluding a 282± square foot basement
- 5,416± square foot restaurant plus a 1,175± square foot single‑family residence
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$124,498
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,489,960
$2.5M
Cap Rate 7%
$1,778,543
$1.8M
Cap Rate 9%
$1,383,311
$1.4M
Market Conditions
NOI Build-Up for 7,806 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$173.3K $22.20/SF
− Vacancy
−$7.3K −$0.93/SF
EGI
$166.0K $21.27/SF
− OpEx
−$41.5K −$5.32/SF
NOI
$124.5K $15.95/SF
Area
Fontana, CA
Vacancy
4.21%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,489,960
Cap Rate 7%
$1,778,543
Cap Rate 9%
$1,383,311
Alternative Uses
Best Use
Specialty Retail
$1.78M
$1.56M – $2.07M
NOI $124,498 @ 7.0% cap · market cap 4.76%
Second Best
Mixed Use
$1.56M
$1.37M – $1.82M
NOI $109,479 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$2.27M
$1.99M – $2.65M
NOI $158,999 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
Foothill Builders Mart
Home Improvements & Furnishings
8,156 visits/mo
0.5 miles
Demographics for 92335, CA
96,605
Population
25,861
Households
3.7
Avg Household Size
31
Median Age
10%
College-Educated
67%
High-School Grad
17.5 sq mi
ZIP Area
5,520
Density / Sq Mi
$75,198
Median Household Income
$35,912
Median Earnings
$1,636
Median Rent
$433,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Includes restaurant, residential, and ancillary improvements on a commercially zoned site.
Where is this mixed-use property located?
The property is located at 15395 Foothill Fontana, CA.
What is the asking price?
The asking price for this property is $2,615,000.
What are key features of this property?
This property features: 40,844± square foot (0.94± acre) corner parcel; Approximately 7,806± square feet of combined improvements, excluding a 282± square foot basement; 5,416± square foot restaurant plus a 1,175± square foot single‑family residence
