FOR SALE · FOR SALE On/Off Ramps On/Off Ramps ±4.3 ACRES . EXECUTIVE SUMMARY Property Location:...

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For more information, contact: LEE SPENCE Office: 909.652.9044 | Cell: 909.969.8800 [email protected] CA License #00954487 FOR SALE On/Off Ramps On/Off Ramps ±4.3 ACRES

Transcript of FOR SALE · FOR SALE On/Off Ramps On/Off Ramps ±4.3 ACRES . EXECUTIVE SUMMARY Property Location:...

Page 1: FOR SALE · FOR SALE On/Off Ramps On/Off Ramps ±4.3 ACRES . EXECUTIVE SUMMARY Property Location: 6697 Citrus Ave, Fontana, CA Acreage: ±4.48 Acres APN: 0240-011-17 (San Bernardino,

For more information, contact:

LEE SPENCE Office: 909.652.9044 | Cell: 909.969.8800

[email protected]

CA License #00954487

FOR SALE

On/Off Ramps

On/Off Ramps

±4.3 ACRES

Page 2: FOR SALE · FOR SALE On/Off Ramps On/Off Ramps ±4.3 ACRES . EXECUTIVE SUMMARY Property Location: 6697 Citrus Ave, Fontana, CA Acreage: ±4.48 Acres APN: 0240-011-17 (San Bernardino,

EXECUTIVE SUMMARY

Property Location: 6697 Citrus Ave, Fontana, CA

Acreage: ±4.48 Acres

APN: 0240-011-17 (San Bernardino, Co.)

Zoning: C-2

List Price: $2,800,000.00 ($14.95 PSF)

DAUM is pleased to offer this commercial property in north

Fontana for sale. Located just ¼ mile south of the 210 freeway

the parcel is ideally located to take advantage of the

massive population growth planned for the area. The proper-

ty is zoned C-2 with the area “auto overlay” covering it, which

calls for Automobile sales. The ownership of this property,

however, was successful in having a hotel development

approved by the city. The original approved plan was for a

128 room full service Holiday Inn. Though this approval took

place over seven years ago the city remains supportive in

allowing a hotel development on this site.

Because of the city’s commitment to have a hotel built within

this 210 corridor swath of North Fontana, they would assist any

developer by fast tracking the application and review

process. The ownership has been told this in conversations

with city officials.

Since getting that approval the ownership has discovered

that by changing the development to a smaller limited

services hotel like a Holiday Inn Express, the ability to place

two different type hotel products on the property is a very

real possibility. This is fast becoming a very popular concept/

trend within the hotel development community. What can be

envisioned on this property is a limited services hotel and an

extended stay type product.

With its close proximity to the 210 freeway and the rapid

development of commercial and residential growth in the

area, coupled with the fact that no new hotel has been built

in North Fontana in over 15 years the property at 6697 Citrus

Ave has tremendous potential.

Page 3: FOR SALE · FOR SALE On/Off Ramps On/Off Ramps ±4.3 ACRES . EXECUTIVE SUMMARY Property Location: 6697 Citrus Ave, Fontana, CA Acreage: ±4.48 Acres APN: 0240-011-17 (San Bernardino,

Future

Bonanno Proposed Retail

Development Sater

On/Off Ramps

City of

Fontana

AB Miller High School

For more information, contact:

LEE SPENCE Office: 909.652.9044 | Cell: 909.969.8800

[email protected]

CA License #00954487

Page 4: FOR SALE · FOR SALE On/Off Ramps On/Off Ramps ±4.3 ACRES . EXECUTIVE SUMMARY Property Location: 6697 Citrus Ave, Fontana, CA Acreage: ±4.48 Acres APN: 0240-011-17 (San Bernardino,

WESTGATE SPECIFIC PLAN

±3,000 UNITS

ARBORETOM

SPECIFIC PLAN

±3,526 LOTS

SUMMIT AT

ROSENA

±856 LOTS

DUNCAN CANYON

ON/OFF RAMP

WESTGATE SPECIFIC PLAN

±3,000 UNITS

For more information, contact:

LEE SPENCE Office: 909.652.9044 | Cell: 909.969.8800

[email protected]

CA License #00954487

Page 5: FOR SALE · FOR SALE On/Off Ramps On/Off Ramps ±4.3 ACRES . EXECUTIVE SUMMARY Property Location: 6697 Citrus Ave, Fontana, CA Acreage: ±4.48 Acres APN: 0240-011-17 (San Bernardino,

VILLAGE OF

HERITAGE

WESTGATE

SPEFCIFIC PLAN

CITY

OF

FONTANA

For more information, contact:

LEE SPENCE Office: 909.652.9044 | Cell: 909.969.8800

[email protected]

CA License #00954487

Page 6: FOR SALE · FOR SALE On/Off Ramps On/Off Ramps ±4.3 ACRES . EXECUTIVE SUMMARY Property Location: 6697 Citrus Ave, Fontana, CA Acreage: ±4.48 Acres APN: 0240-011-17 (San Bernardino,

SAN MANUEL BINGO CASINO

14 MILES CLAREMONT COLLEGES

16 MILES

For more information, contact:

LEE SPENCE Office: 909.652.9044 | Cell: 909.969.8800

[email protected]

CA License #00954487

Page 7: FOR SALE · FOR SALE On/Off Ramps On/Off Ramps ±4.3 ACRES . EXECUTIVE SUMMARY Property Location: 6697 Citrus Ave, Fontana, CA Acreage: ±4.48 Acres APN: 0240-011-17 (San Bernardino,

DEMOGRAPHICS

1 Mile 3 Mile 5 Mile

Population 2016 (Est) 16,035 128,484 307,793

Median HH Income $91,955 $71,684 $62,843

Traffic Counts 10 Freeway Traffic Volume

Citrus/Baseline 15,156

State Rte 210 East off ramp 53,906

State Rte 210 West off ramp 98,168

FONTANA ECONOMICS

The Economic Development Department is committed to the expansion of Fontana’s sales tax base and improving

the number of quality jobs in the City through office, retail, and industrial development. We are dedicated to the

removal of blight through the reinvestment of sales tax revenue gained from the many high-quality retail

developments in the Fontana community.

The Economic Development staff envisions, attracts, and facilitates projects that improve the business environment of

the City of Fontana. The Division researches, identifies, and markets opportunities for retail, manufacturing, and point

of sales activity through the creation of specific project strategies.

For more information, contact:

LEE SPENCE Office: 909.652.9044 | Cell: 909.969.8800

[email protected]

CA License #00954487

Page 8: FOR SALE · FOR SALE On/Off Ramps On/Off Ramps ±4.3 ACRES . EXECUTIVE SUMMARY Property Location: 6697 Citrus Ave, Fontana, CA Acreage: ±4.48 Acres APN: 0240-011-17 (San Bernardino,

City of Fontana

Address:

8353 Sierra Avenue

Fontana, California 92335

P: (909) 350-7600

City Hall Business Hours

8:00 am to 6:00 pm, Monday through Thursday

Since the year 2000, Fontana has been one of the fastest growing cities in Southern

California (Los Angeles Times). During these years, new ideas and concepts were real-

ized. Fontana constructed the largest library in San Bernardino County, built state-of

the art facilities, and parks that are unparalleled by any city around. A renovated

performing arts theater, a multi-regional mixed use trail, a newly renovated police sta-

tion and a new fire station grace the downtown area. The City has developed a safe

community, with development, facilities, and services to provide the quality of life resi-

dents expect and deserve.

In 2008, after reviewing data from the United States Census Bureau, the National Cen-

ter for Education Statistics, the National Center for Health Statistics, and the American

Bar Association, Best Life magazine deemed Fontana the 24th best place to raise a

family in the United States.

Fontana was named one of the Nation's 100 Best Communities for Young People by America's Promise Alliance and ING in 2008 and

again in 2010.

In 2014, Fontana was named in the Top 20 Safest Cities in the Nation by Business Insider and in 2017 Fontana was named the second

strongest City financially by the Fiscal Times.

Fontana continues to grow and prosper and has many new residential and commercial developments planned in the near fu-

ture. Fontana expects to approach build-out of the 45 square miles in the next fifteen years.

For more information, contact:

LEE SPENCE Office: 909.652.9044 | Cell: 909.969.8800

[email protected]

CA License #00954487

Page 9: FOR SALE · FOR SALE On/Off Ramps On/Off Ramps ±4.3 ACRES . EXECUTIVE SUMMARY Property Location: 6697 Citrus Ave, Fontana, CA Acreage: ±4.48 Acres APN: 0240-011-17 (San Bernardino,

Zoning GENERAL COMMERCIAL ZONE

For more information, contact:

LEE SPENCE Office: 909.652.9044 | Cell: 909.969.8800

[email protected]

CA License #00954487

Page 10: FOR SALE · FOR SALE On/Off Ramps On/Off Ramps ±4.3 ACRES . EXECUTIVE SUMMARY Property Location: 6697 Citrus Ave, Fontana, CA Acreage: ±4.48 Acres APN: 0240-011-17 (San Bernardino,

Parcel Map

For more information, contact:

LEE SPENCE Office: 909.652.9044 | Cell: 909.969.8800

[email protected]

CA License #00954487