Locust Ave & Arrow Blvd Fontana, CA 92335
- Retail properties
- 3,895 SF
- 0.82 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Locust Ave & Arrow Blvd
- Year built
- 2024
- Lot size
- 0.82 lot acres
- Property size
- 3,895 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a brand-new, 3,895 square foot McDonald's restaurant in Fontana, California. The property boasts a 20-year absolute NNN lease with McDonald's USA, LLC, featuring eight 5-year renewal options. The lease includes a 10% rental increase every five years, providing built-in inflation protection and steadily growing net operating income (NOI). With zero landlord responsibilities, this is an ideal passive investment. The property, built in 2024, sits on a 0.82-acre lot with 31 parking spaces and is zoned C-1 Community Commercial. Rent commences in March 2025, with the seller crediting the rent difference from escrow closing to rent commencement. The closing can occur in either 2024 or 2025, at the buyer's discretion. The lease is non-contingent, with no further developer obligations. Located at the hard corner intersection of Arrow Boulevard and Locust Avenue (25,500 vehicles per day), this high-traffic location benefits from proximity to major retail centers like Renaissance Center (131,000 sq ft) and Rialto Marketplace (235,000 sq ft), as well as other national retailers. The 5-mile trade area boasts a population exceeding 375,100, with an average household income of $104,280. The property features a dual-lane drive-thru for enhanced customer convenience. The asking price is $3,857,000, representing a 3.50% cap rate and a price per square foot of $990.24. The current NOI is $135,000. APN: 0246-081-24-0000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fontana
- County
- San Bernardino
- State
- California
- Longitude
- -117.41
- Latitude
- 34.0995
