The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 28, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



RETAIL NEWS
Printer-friendly Version   Email an Associate
Golden Corral Inks Lease for New Restaurant Location in Ontario

3/24/17

Golden Corral has inked a lease for a 12.9k sf restaurant within the Kmart-anchored Vineyard Freeway Center in Ontario. From what we understand, the 15-year deal has a value around $3 mil, which divides out to $1.29/sf/mo.

Construction is slated to begin in April and the restaurant is projected to open in late 2017. Located 1640 E. 4th St, just west of Vineyard Ave, Vineyard Freeway Center offers superb visibility and signage on the busy I-10 Fwy, with an average daily traffic count of 237,000 cars passing by the location.

In addition to Kmart, the 163k sf center is also home to a variety of shops, services and restaurants including RadioShack and Domino’s Pizza. Coupled with the new Golden Corral, the landlord is embarking upon a renovation of 60k sf of shop space, which will include enhanced facades, a new color scheme, and parking lot renovations.

Paul Su with Progressive Real Estate Partners represented both Golden Corral and the lessor in the transaction. Founded in 1973, Golden Corral is in over 40 states with nearly 500 locations, including 14 in California. The Ontario restaurant will be their 15th California location and one of five in Southern California’s Inland Empire.





Return to the Archive page
 
 
 
 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media