Cardenas Marketplace — Sale in Fontana, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Fontana, CA 92335
  • Size: 72,841 SF

Description

Newmark Pacific Capital Markets is pleased to offer Cardenas Marketplace, an exceptional neighborhood shopping center anchored by a renowned ethnic grocer. The center features 72,841 square feet of rentable area across 7.31 acres, with a synergistic blend of national and regional credit tenants making it a highly desirable retail destination. The anchor tenant, Cardenas — a well-established and market-dominant Hispanic grocer in operation since 1981, draws a loyal clientele and anchors the center’s community presence. The property exhibits remarkable durability, with over 90% of the gross leasable area (GLA) having been occupied by tenants for more than 18 years, ensuring a stable and dependable cash flow for investors. Complementing the anchor tenant, other high-performing co-tenants include Starbucks (drive-thru), Chase Bank (NAP), Bank of America, WaBa Grill, Subway, AT&T, T-Mobile, and Walgreen’s (NAP). This diverse and creditworthy tenant mix drives strong daily traffic and fosters a dynamic, resilient retail environment. Strategically positioned at the signalized intersection of Foothill Boulevard and Citrus Avenue, Fontana’s primary commercial arterials with exposure to over 46,000 vehicles per day. Cardenas Marketplace benefits from excellent visibility, accessibility, and strategic market positioning. The surrounding trade area boasts more than 358,844 residents and an impressive average household income exceeding $118,000 within a 5-mile radius, providing an affluent and densely populated customer base for retailers. This rare opportunity is further enhanced by the individual parcelization of Starbucks, offering flexibility for future value creation, strategic re-positioning, or disposition. Additionally, the asset is encumbered by a highly favorable, assumable interest-only loan of $18,500,000 at a fixed 4.04% rate, maturing in June 2029, providing new ownership with attractive in-place debt and enhanced cash flow dynamics. Cardenas Marketplace represents

Market Context

This retail in Fontana, CA is listed for sale across 72,841 SF. It has been on the market for 54 days. Compare it against other retail listings for sale in Fontana, CA — view the full market.

As of Q4 2025, the Inland Empire retail market showed average asking rents near $24.12/SF/yr, and rents up 7.5% year over year. Source: multiple brokerage reports, Q4 2025.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

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