The Shoppes at Fontana shopping center is located at 16055-16095 Foothill Blvd. in the Inland Empire section of Southern California. The property is anchored by an Albertson's supermarket. Other tenants are small local merchants. It is 100% leased.
The shopping center is off historic Route 66. The property sold for a capitalization rate a bit larger than 10%. The shopping center was built in the mid-1980s. The Shoppes at Fontana shopping center is the dominant grocery-anchored site in the area.
Bob Hoyt of Colliers Seeley International represented the seller, Foot Center Associates. Gregory Brown and Edward Hanley of Marcus & Millichap represented Corsair, the buyer.
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