Commercial Real Estate in Chino, California

Market Update on Commercial Real Estate in Chino

Over the last several months there have been a number of changes to the landscape of commercial real estate in Chino. This is especially true with regards to the “retail real estate sector.” Below, you will see a digest on the various happenings that have recently taken place.

Residential/Retail Communities in Chino

• The Preserve at Chino

  is a master planned community developed by Lewis Community Developers.  The community will be built on 5,435 acres of former farm and dairy property located south of Chino Airport.  Homes have been built and are for sale, with more to be constructed in the coming years. Prices for these homes start in the $400,000s. When completed, there will be a total of 12,000 new homes. 5,000 homes are already completed, with another 5,000 currently in the plan check phase.

• When completed, the community will include a retail shopping center with a grocery store and three drive-thrus, developed by Lewis Retail Centers.   The southwest corner of the project will also include several three-story mixed use buildings with retail on the first floor and residential units on the second and third floors. Construction is expected to begin at the end of 2020 or early 2021.
• Since the first 5,000 homes have been completed, Pine Ave. will also be expanded to three lanes in each direction with an anticipated traffic count of 30,000 vehicles per day.  Learn more: thepreserveatchino.com

• The College Park community of homes is located along Edison Ave. between Central Ave. and Mountain Ave., adjacent to Ayala Park.

• College Park Community Retail Development

  Within College Park, the city is looking for a developer to build a retail center on the north side of the intersection of Eucalyptus Ave. and Satterfield Way, near Chaffey College. The most recent proposed plans are for a 50,000 SF retail center and a church on the south side of the property.

Retail Space in Chino

• The Burlington store in the Chino Town Square at 5517 Philadelphia St has been downsized, and a Planet Fitness gym has moved into the rest of the building, occupying about 20,000 SF.
• A developer is planning to demolish the former Olive Garden at 5526 Philadelphia Ave. and construct a Quick Quack car wash on the site.

• A new retail development by Lewis Retail Centers is planned for the northwest corner of Pine Ave. and Mill Creek Ave. It will include a 7-11, All American Express Car Wash, and some other shops.  See the latest tenant list at: http://lewisretailcenters.propertycapsule.com/properties/pinemillcreek/

• Retailer Musical Chairs:

  Party City, Bevmo, and Old Navy are moving locations between Chino and Chino Hills.

Hospitality Real Estate in Chino

Marriott’s Fairfield Inn & Suites

is coming soon to the Rancho Del Chino Shopping Center.  The four-story hotel will be constructed near Home Depot & J.C. Penney at 14705 Ramona Ave., and will include 111 rooms on 2.5 acres of land.

A TownePlace Suites Hotel by Marriott International

opened at 15881 Pomona Rincon Road on November 8^th 2018. The new hotel features a wide variety of amenities and 116 suites, each including full kitchens, flat-screen HDTVs and adjustable work spaces.

Industrial Property in Chino

• Chino has roughly 188,000 square feet of industrial/warehouse space under development with a 1.6% vacancy rate.  Here are some of the larger projects that were recently completed:
• 1.45MM square foot industrial warehouse at the northwest corner of Kimball and Euclid
• 300k industrial warehouse between Main and Walker, south of Merrill

Medical Office Space in Chino

• A new 50,000 SF Kaiser medical office opened in June at Roswell and Grand.
• A new medical condominium building has been completed. It is on the north side of Philadelphia St., east of Central Ave. and Benson Ave.
• A skilled nursing facility has been built at Walnut and 10^th, just north of Chino Valley Medical Center, and is now fully operational.

For more information about commercial real estate in Chino, or any area within the Inland Empire, please contact Mike Lin. You can reach him through the  contact page or at 949-209-9696.