1409 E 4th St - Restaurant FOR SALE


Ontario, CA 91764
$2,750,000 USD
949-769-4855
1409 E 4th St, Ontario, CA for Sale
$2,750,000 USD
Restaurant - FOR SALE
1/7
null | Request Cap Rate

1409 E 4th St
Ontario, CA 91764


OVERVIEW

*Significant Repositioning/Redevelopment Potential – Freeway adjacent properties with re-development potential rarely come available in Southern California. With its approximate ±38,199 SF (±0.88 acre) site and Neighborhood Commercial (CN) zoning, the property has the potential to be repositioned or redeveloped into a variety of commercial uses including casual dining or drive-thru fast-food retail. The sizeable lot will appeal to the growing number of tenants that feature multiple drive-thru lanes *Strategic Freeway Location – The property sits immediately off the E 4th St (±21,600 CPD) exit of the I-10 Freeway (±262,000 CPD), one of the most highly-trafficked thoroughfares in the United States *Excellent Visibility and Signage – The property benefits from its clear visibility and significant pylon signage along the I-10 Freeway *Proximity to Top Performing Grocery-Anchored Center – The property is located adjacent to the Smart & Final anchored Galvin Park Shopping Center, which ranks in the top 95% of strip/convenience centers nationwide, with 1.7M visits per year (according to Placer.ai) *Stand Alone Asset – The offering resides on its own parcel and is not part of a larger shopping center. The property is not subject to any REA and CC&R agreements, further simplifying ownership and management *EV Charging Opportunity – Due to the large ±38,199 SF site, abundant parking and freeway adjacent location, the property is a prime candidate for a multitude of uses, including EV charging stations

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$631 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,199 SF

ZONING

CN, Neighborhood Com

APN/PARCEL ID

0108-381-23

ASK ABOUT THIS PROPERTY

949-769-4855

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949-769-4855

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.