Absolute NNN Restaurant Ground
For Sale
Contact for pricing
Pending
4360 Mills Circle, Ontario, CA 91764
Corporate-guaranteed drive-thru restaurant investment at a signalized corner near major retail and transportation destinations.
Property SizeContact for details
Days on Market144
Property Features for 4360 Mills Circle
General Information
Standard status
Pending
Property subtype
Retail, Land
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Traffic Count
50,200 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 3:12AM
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 Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This leased-fee restaurant property is structured under an absolute NNN ground lease with a corporate guarantee and no landlord responsibilities. The site includes a drive-thru-equipped Raising Cane’s that was being developed in a new building, following the redevelopment of a location previously occupied by a Coco’s restaurant for more than 20 years. The lease provides a 15-year initial term, three 5-year extension options, and one 4-year extension option, with 10% rent increases every five years during the initial term and at the start of each option period.
The property occupies the signalized intersection of N. Milliken Avenue and Mall Drive in Ontario, California, with 50,200 vehicles passing the intersection daily. It is two blocks from Interstate 10, which carries 247,000 VPD, and offers access to the interstate ramps. The site is an outparcel to Ontario Mills Mall, a 1,473,000-square-foot retail center anchored by Marshalls, AMC Theaters, Burlington, Nordstrom Rack, and other national retailers. LA/Ontario International Airport is approximately 3 miles away.
The property occupies the signalized intersection of N. Milliken Avenue and Mall Drive in Ontario, California, with 50,200 vehicles passing the intersection daily. It is two blocks from Interstate 10, which carries 247,000 VPD, and offers access to the interstate ramps. The site is an outparcel to Ontario Mills Mall, a 1,473,000-square-foot retail center anchored by Marshalls, AMC Theaters, Burlington, Nordstrom Rack, and other national retailers. LA/Ontario International Airport is approximately 3 miles away.
Key Highlights
- Absolute NNN ground lease with corporate guarantee and zero landlord responsibilities
- 15‑year initial term with 3 (5‑year) and 1 (4‑year) option periods
- 10% rental increases every 5 years during the initial term and at each option period
Property Analytics
Current Use
Lease Details
50,200 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,450
Businesses Nearby
92k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 59%
Dining 41%
Kohl's
Apparel
54,396 visits/mo
0.5 miles
Krispy Kreme Doughnuts
Dining
24,510 visits/mo
0.5 miles
El Pollo Loco
Dining
13,019 visits/mo
0.5 miles
Demographics for 91764, CA
55,322
Population
17,350
Households
3.2
Avg Household Size
33
Median Age
18%
College-Educated
74%
High-School Grad
7.9 sq mi
ZIP Area
7,003
Density / Sq Mi
$75,605
Median Household Income
$37,076
Median Earnings
$2,039
Median Rent
$524,100
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?
NNN property - Corporate-guaranteed drive-thru restaurant investment at a signalized corner near major retail and transportation destinations.
Where is this nnn property located?
The property is located at 4360 Mills Circle Ontario, CA.
What are key features of this property?
This property features: Absolute NNN ground lease with corporate guarantee and zero landlord responsibilities; 15‑year initial term with 3 (5‑year) and 1 (4‑year) option periods; 10% rental increases every 5 years during the initial term and at each option period
