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Fontana, CA - McDonald's
Locust Ave & Arrow Blvd | Fontana, CA 92335
Description
SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, McDonald’s investment property located in Fontana, California. The tenant, McDonald’s USA, LLC recently signed a brand new 20-year lease with 8 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Rent is set to commence in March of 2025 along with the Tenant opening, Seller will credit the difference in rent from close of escrow to rent commencement. Seller is also able to close in either 2024 or 2025 at Buyer election. Lease is non-contingent with no further developer obligations remaining.
Location
The property is located near the signalized, hard corner intersection of Arrow Blvd and Locust Ave with a combined (25,500 VPD). Arrow Blvd, is a major retail thoroughfare serving the city of Fontana. The site is complete with a dual lane drive-thru, providing ease and convenience for customers. The McDonald’s is located less than a mile southwest of Renaissance Center, a 131,000 square foot shopping center with major tenants including Food 4 Less and more. Additionally, the asset is positioned just northwest of Rialto Marketplace, a 235,000 square foot shopping center anchored by Walmart Supercenter. Furthermore, the property is in the center of a primary retail corridor with other nearby national/credit tenants including The Home Depot, Ross Dress for Less, 99 Cent Only, Stater Bros., Family Dollar, and more, further increasing consumer traffic to the site. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. The 5-mile trade area is supported by a population of over 375,100 with an affluent average household income of $104,280.
Contact
Matthew Mousavi
Sr Managing Principal & Co-Head of National Net Lease
949.698.1116949.698.1116[email protected]CA #: 01732226
Patrick Luther, CCIM
Sr Managing Principal & Co-Head of National Net Lease
949.698.1115949.698.1115[email protected]CA #: 01912215