Duong Investment Group

BIG LOTS! & O’REILLY SHADOW-ANCHORED SHOPS

12526 Central Avenue | Chino, CA

Property Description

Price: $4,650,000
Price Per/SF: $337.20
Land Area: ±1.41 Acres (±61,340 SF)
Gross Leasable Area: 13,790 SF
Year Built: 1967

Investment Highlights

Rare Owner/User Opportunity in the Heart of Chino, CA – Chino Has Experienced Strong Growth in Recent Years with a Surge of Newly Constructed Distribution Centers & Other Industrial Properties

Located at the Signalized Corner of Central Avenue and Walnut Avenue – Traffic Counts Exceed 62,800 Cars Per Day

Low Effective Rent – Own a Prime Retail Property in the Heart of Chino for Just $1.63/SF NNN

 

Prime Corner Location

  • Located in a Shopping Center Anchored by Big Lots! (NAP), O’Reilly Auto Parts (NAP), and Shell (NAP)
  • Excellent Visibility on Central Avenue | Less Than ¼ Mile From the Central Avenue Entrance to the CA-60 Freeway (±233,000 Cars Per Day)
  • Commercial Zoning | High Quality Construction with Highly Visible Floor-to-Ceiling Windows – Available ±6,860 Square Foot Space has Excellent Potential for a Showroom or Other Retail Business

 

Excellent Surrounding Area & Strong Real Estate Fundamentals

  • Located Just 7 Miles Via CA-60 Freeway to Ontario International Airport (ONT) | Less Than 10 Miles from Interstate 15, Which Provides Access to San Diego and the High Desert
  • Distribution Centers in the Area Include Amazon, Costco, FedEx, and Wal-Mart – The City’s Close Proximity to Major Freeways and its Central Location to San Diego, Orange, and Riverside Counties Make Chino an Ideal Location for Future Development & Expansion
  • The Subject Property is Located Directly in the Path of Traffic To and From the CA-60 Freeway | Multiple Points of Ingress and Egress on Both Central Avenue and Walnut Avenue
  • Located on a Main Retail Corridor | Close Proximity to Chino Valley Medical Center and Chino High School
  • Other Nearby Retail Tenants Include Walgreens, Bank of the West, USPS, Superior Grocers, Wells Fargo, McDonald’s, Jack in the Box, and Many More
  • Dense, Infill Area – Population Counts Exceed 422,081 Within Five Miles | Strong Household Income of $89,433 Within Five Miles

Contact Information

Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
ron.duong@marcusmillichap.com
License: CA 01438643