Executive Summary

INVESTMENT HIGHLIGHTS

• 1646 E Ontario Avenue is a 56,677 SF development opportunity located in Carson, CA right off the Ontario Ave Exit on the 15 Freeway (Corona Freeway)
• The current site consists of a Single Family Residence (MTM, Lease Rate $1700/mo) and the southern portion of the property is leased to an Auto Storage User (MTM, $500/mo)
• The subject property is zoned Corona C2 Commercial, SP-90-05, corona vista specific plan, a flexible zoning With many allowable Uses.
• The owner has renderings and a concept design for a 12,000 SF retail strip center consisting of ten 1,200 SF retail units
• Located in a high end submarket, property adjacent to Starbucks & Mountain View Auto Center, along with destination shopping across the 15 Freeway