99 CENTS ONLY STORES WITHIN RENAISSANCE SHOPPING …

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Represented by: BARBARA ARMENDARIZ KEVIN HERRON President | Retail Services Vice President BRE #01472088 BRE #01770438 213.266.3333 x404 213.266.3333 [email protected] [email protected] SHARPLINE COMMERCIAL PARTNERS | 515 S. FLOWER STREET • 36TH FLOOR • LOS ANGELES, CA 90071 | 213.266.3333 • SHARPLINECP.COM | BRE #02021488 FOR SALE 1321 W. FOOTHILL BLVD. RIALTO, CA 92376 99 CENTS ONLY STORES WITHIN RENAISSANCE SHOPPING CENTER

Transcript of 99 CENTS ONLY STORES WITHIN RENAISSANCE SHOPPING …

Represented by:

BARBARA ARMENDARIZ KEVIN HERRONPresident | Retail Services Vice PresidentBRE #01472088 BRE #01770438213.266.3333 x404 [email protected] [email protected]

SHARPLINE COMMERCIAL PARTNERS | 515 S. FLOWER STREET • 36TH FLOOR • LOS ANGELES, CA 90071 | 213.266.3333 • SHARPLINECP.COM | BRE #02021488

FOR SALE

1321 W. FOOTHILL BLVD. RIALTO, CA 9237699 CENTS ONLY STORES WITHIN RENAISSANCE SHOPPING CENTER

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SHARPLINE COMMERCIAL PARTNERS | 515 S. FLOWER STREET • 36TH FLOOR • LOS ANGELES, CA 90071 | 213.266.3333 • SHARPLINECP.COM | BRE #02021488

BARBARA ARMENDARIZ KEVIN HERRONPresident | Retail Services Vice PresidentBRE #01472088 BRE #01770438213.266.3333 x404 [email protected] [email protected]

LOCATION OVERVIEW

Rialto is home to four major regional distribution centers: Staples Inc., Toys “R” Us,Under Armour and Target. One of the United States’ largest fireworks companies,Pyro Spectaculars, is also headquartered in Rialto. It has rich historical culture andeconomic significance due to the railroad connector built in the late 1880's.

PROPERTY HIGHLIGHTS• ±26,040 SF building on 2.41 AC of land available for purchase on the SWC of

Foothill Blvd & Cedar Ave.

• Part of Renaissance Shopping Center, anchored by The Home Depot

• Neighboring tenants include: Denny's Burger King, Chevron, Western Union &Subway

• Across the street from Food 4 Less, Mega Thrift Store, McDonald's, Walgreensand many more

• Signage opportunity on front and back of the building

OPPORTUNITY

Sale Price: N/A

NOI: $312,480

Lot Size: 2.41 Acres

Building Size: 25,980 SF

Year Built: 2001

Cross Streets: Foothill Blvd. & Cedar Ave.

Traffic Count: 55,239 CPD on Foothill & Cedar

Source:

1321 W. FOOTHILL BLVD. RIALTO, CA 92376RETAIL PROPERTY FOR SALE

PROPERTY FEATURES

1321 W. FOOTHILL BLVD. RIALTO, CA 92376RETAIL PROPERTY FOR SALE

RENT ROLL

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SHARPLINE COMMERCIAL PARTNERS | 515 S. FLOWER STREET • 36TH FLOOR • LOS ANGELES, CA 90071 | 213.266.3333 • SHARPLINECP.COM | BRE #02021488

BARBARA ARMENDARIZ KEVIN HERRONPresident | Retail Services Vice PresidentBRE #01472088 BRE #01770438213.266.3333 x404 [email protected] [email protected]

TENANTNAME

UNITSIZE (SF)

ANNUALRENT

% OFGLA

PRICEPER SF/YR

99 Cent Only Stores 20,040 $240,480 77.14 $12.00

Vacant - Proforma 6,000 $72,000 23.09 $12.00

Totals/Averages 26,040 $312,480 $12.00

1321 W. FOOTHILL BLVD. RIALTO, CA 92376RETAIL PROPERTY FOR SALE

RETAILER MAP

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SHARPLINE COMMERCIAL PARTNERS | 515 S. FLOWER STREET • 36TH FLOOR • LOS ANGELES, CA 90071 | 213.266.3333 • SHARPLINECP.COM | BRE #02021488

BARBARA ARMENDARIZ KEVIN HERRONPresident | Retail Services Vice PresidentBRE #01472088 BRE #01770438213.266.3333 x404 [email protected] [email protected]

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SHARPLINE COMMERCIAL PARTNERS | 515 S. FLOWER STREET • 36TH FLOOR • LOS ANGELES, CA 90071 | 213.266.3333 • SHARPLINECP.COM | BRE #02021488

BARBARA ARMENDARIZ KEVIN HERRONPresident | Retail Services Vice PresidentBRE #01472088 BRE #01770438213.266.3333 x404 [email protected] [email protected]

Wigwam HotelBud Bender Park

Wigwam Hotel

The Kristina Dana Hendrickson Cultural Center Oldtown Rialto

Bud Bender Park

1321 W. FOOTHILL BLVD. RIALTO, CA 92376RETAIL PROPERTY FOR SALE

NEARBY ATTRACTIONS

1321 W. FOOTHILL BLVD. RIALTO, CA 92376RETAIL PROPERTY FOR SALE

DEMOGRAPHICS MAP

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SHARPLINE COMMERCIAL PARTNERS | 515 S. FLOWER STREET • 36TH FLOOR • LOS ANGELES, CA 90071 | 213.266.3333 • SHARPLINECP.COM | BRE #02021488

BARBARA ARMENDARIZ KEVIN HERRONPresident | Retail Services Vice PresidentBRE #01472088 BRE #01770438213.266.3333 x404 [email protected] [email protected]

* Demographic data derived from 2010 US Census

1 Mile 2 Miles 3 Miles

Total Population 21,686 86,426 172,549

Population Density 6,903 6,878 6,103

Median Age 24.9 26.4 27.6

Median Age (Male) 23.7 25.5 26.4

Median Age (Female) 25.5 27.1 28.8

Total Households 5,429 20,846 42,886

# of Persons Per HH 4.0 4.1 4.0

Average HH Income $54,551 $56,819 $56,961

Average House Value $363,683 $299,987 $294,893

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SHARPLINE COMMERCIAL PARTNERS | 515 S. FLOWER STREET • 36TH FLOOR • LOS ANGELES, CA 90071 | 213.266.3333 • SHARPLINECP.COM | BRE #02021488

BARBARA ARMENDARIZ KEVIN HERRONPresident | Retail Services Vice PresidentBRE #01472088 BRE #01770438213.266.3333 x404 [email protected] [email protected]

1321 W. FOOTHILL BLVD. RIALTO, CA 92376RETAIL PROPERTY FOR SALE

ADDITIONAL PHOTOS

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SHARPLINE COMMERCIAL PARTNERS | 515 S. FLOWER STREET • 36TH FLOOR • LOS ANGELES, CA 90071 | 213.266.3333 • SHARPLINECP.COM | BRE #02021488

BARBARA ARMENDARIZ KEVIN HERRONPresident | Retail Services Vice PresidentBRE #01472088 BRE #01770438213.266.3333 x404 [email protected] [email protected]

West ViewSouth View

West View

Southwest View Southeast View

South View

1321 W. FOOTHILL BLVD. RIALTO, CA 92376RETAIL PROPERTY FOR SALE

ADDITIONAL PHOTOS

BARBARA ARMENDARIZ KEVIN HERRONPresident Vice PresidentBRE #01472088 BRE #01770438213.266.3333 x404 [email protected] [email protected]

SHARPLINE COMMERCIAL PARTNERS • 515 S. FLOWER STREET • LOS ANGELES, CA 90071 • 213.266.3333 • SHARPLINECP.COM

DisclaimerAll materials and information received or derived from SharpLine Commercial Partners its directors, officers, agents, advisors, affiliates and/or any third party sourcesare provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicablegovernmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intendeduse or any and all other matters.

Neither SharpLine Commercial Partners its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy orcompleteness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may befurnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party.SharpLine Commercial Partners will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigationsincluding through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining andreading applicable documents and reports and consulting appropriate independent professionals. SharpLine Commercial Partners makes no warranties and/orrepresentations regarding the veracity, completeness, or relevance of any financial data or assumptions. SharpLine Commercial Partners does not serve as a financialadvisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modelingpurposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily meanthat rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney.Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complieswith applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmentalagencies. All properties and services are marketed by SharpLine Commercial Partners in compliance with all applicable fair housing and equal opportunity laws.

99 CENTS ONLY STORES WITHIN RENAISSANCE SHOPPING CENTER

1321 W. FOOTHILL BLVD., RIALTO, CA 92376