Rancho Cucamonga, CA – September 29, 2020 – Senior Vice President Paul Galmarini of Progressive Real Estate Partners represented the landlord, Evergreen Devco, in a long term ground lease with Fast5Xpress car wash for a new pad location adjacent to the Ontario Mills regional shopping center in Ontario, California. The popular shopping, dining and entertainment destination features 200+ stores and attracts 25M shoppers annually.
Fast5Xpress is a well-recognized self-service car wash brand with multiple locations throughout California. They are known for their affordable wash packages starting at $6, “in and out 5 minute car wash” and environmentally friendly practices that help conserve water. The development is slated to break ground in 4th quarter and open by mid-2021.
The 30,000 sf parcel is ideally situated near the juncture of the heavily traveled I-10 and I-15 freeways and has excellent visibility and access to Milliken Avenue with an average daily traffic count of 45,000. Neighboring retailers include In-N-Out Burger, Chick-Fil-A, Raising Cane’s, IHOP, Ross, JoAnn’s Fabrics, Dollar Tree and many others.
Paul specializes in working with retailers expanding in SoCal’s Inland Empire as well as representing landlords and owners in the leasing and sale of their commercial real estate. If you would like more information about this transaction OR to learn more about Paul’s other listings you can reach him at 909.230.4500 or paul@progressiverep.com.