Grocery and Convenience Retail
For Sale
Contact for pricing
17000 Foothill Boulevard, Fontana, CA 92335
For-sale grocery and convenience retail property on Foothill Boulevard in Fontana, offering a straightforward neighborhood-serving retail format.
Property Size17,640 SF
Price / SF$435.94
Days on Market92
Property Features for 17000 Foothill Boulevard
General Information
Standard status
Active
Size
17,640 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Net Operating Income
$449,994
Building Details
Year Built
2000
Tenancy
Single
Listing Agency:
Hanley Investment Group
Listed By:
Eric Wohl · License #CA 01348614
Source:
Crexi
Added: Jun 3
Changed: Aug 28
Last Checked: Aug 29 at 10:52PM
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 Hanley Investment Group
Investment Insights
Based on property information with market context.
This for-sale retail property is categorized as a grocery and convenience store and is offered as a commercial retail asset. The property totals 17,640 square feet and is being marketed for purchase with an offering memorandum referenced in the public remarks. The configuration and unit details are not provided in the information available here.
The asset is located at 17000 Foothill Boulevard in Fontana, CA 92335. As presented, the key recorded attributes relate to its retail store use classification and overall size rather than specific access features, building improvements, or nearby tenancy details.
For tenants, buyers, and operators seeking a retail format designed around everyday convenience and grocery needs, this property’s stated classification supports that general use profile. Interested parties should review the complete offering memorandum linked in the remarks for additional specifics that are not included in the limited property information provided, such as interior layout, condition, and any rent, lease, or operational terms.
The asset is located at 17000 Foothill Boulevard in Fontana, CA 92335. As presented, the key recorded attributes relate to its retail store use classification and overall size rather than specific access features, building improvements, or nearby tenancy details.
For tenants, buyers, and operators seeking a retail format designed around everyday convenience and grocery needs, this property’s stated classification supports that general use profile. Interested parties should review the complete offering memorandum linked in the remarks for additional specifics that are not included in the limited property information provided, such as interior layout, condition, and any rent, lease, or operational terms.
Key Highlights
- Grocery and convenience retail property for sale
- Located on Foothill Boulevard in Fontana
- Built in 2000
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
$281,341
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
3.66%
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%
$5,626,820
$5.6M
Cap Rate 7%
$4,019,157
$4.0M
Cap Rate 9%
$3,126,011
$3.1M
Market Conditions
NOI Build-Up for 17,640 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
$391.6K $22.20/SF
− Vacancy
−$16.5K −$0.93/SF
EGI
$375.1K $21.27/SF
− OpEx
−$93.8K −$5.32/SF
NOI
$281.3K $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%
$5,626,820
Cap Rate 7%
$4,019,157
Cap Rate 9%
$3,126,011
Alternative Uses
Best Use
Specialty Retail
$4.02M
$3.52M – $4.69M
NOI $281,341 @ 7.0% cap · market cap 3.66%
Second Best
Retail
$3.75M
$3.28M – $4.38M
NOI $262,585 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$5.13M
$4.49M – $5.99M
NOI $359,306 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,358
Businesses Nearby
379k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 33%
Groceries 28%
Dining 23%
Shops & Services 11%
Walmart
Superstores
125,469 visits/mo
0.2 miles
Stater Bros. Markets
Groceries
42,631 visits/mo
0.3 miles
El Super
Groceries
38,530 visits/mo
0.2 miles
Smart & Final
Groceries
26,549 visits/mo
0.1 miles
Taco Bell
Dining
15,234 visits/mo
0.1 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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - For-sale grocery and convenience retail property on Foothill Boulevard in Fontana, offering a straightforward neighborhood-serving retail format.
Where is this grocery and convenience store located?
The property is located at 17000 Foothill Boulevard Fontana, CA.
What is the asking price?
The asking price for this property is $7,690,000.
What are key features of this property?
This property features: Grocery and convenience retail property for sale; Located on Foothill Boulevard in Fontana; Built in 2000
