16188 Highland Ave Fontana, CA 92336

This exceptional investment opportunity presents a brand-new, 40,100-square-foot Amazon Fresh grocery store in Fontana, California. Located on a 4.03-acre lot within the Citrus Crossroads Shopping Center, this single-tenant property boasts a 15-year lease (commencing September 1, 2024, and expiring August 31, 2039) with a strong, institutional tenant. The lease includes three five-year options and one four-year, six-month option, each with a 10% rent increase. The property features high-quality construction and benefits from a prime location at the southeast corner of Citrus Avenue and the Foothill (210) Freeway, surrounded by strong co-tenants including Starbucks, Habit Burger Grill, FedEx, and West Coast Dental. The property's high visibility and location within a rapidly growing residential area with average household incomes exceeding $120,000 annually contribute to its exceptional investment potential. The asking price is $19,640,000, representing a 4.90% cap rate and a price per square foot of $489.78. The Net Operating Income (NOI) is $962,400, and the property is currently 100% occupied. This is a low-risk, high-quality asset with minimal management responsibilities, ideal for private investors or 1031 exchange buyers. The property's APN is 0240-011-58. This is the first store in Southern California utilizing Amazon Fresh's newest, modern prototype.