Commercial Real Estate in Rialto, California

Retail

Renaissance Marketplace: Nearing completion, this 430,000 square foot shopping center has been under construction since 2017. As construction has progressed, the marketplace has added a wide variety of notable retailers to its roster. Cinemark Theatres, 24-Hour Fitness, Ross, Burlington, Ulta, and Old Navy are among the largest retailers now filling the marketplace, and restaurant pads include Starbucks, Chick-Fil-A, Panera, and El Pollo Loco.

Renaissance East: A smaller, 80,000 SF Renaissance shopping center is planned across from the Renaissance Marketplace, on the east side of Ayala. Cracker Barrel is now open, Sonic Drive-In, and Holiday Inn Express are all planned for the center. Among these will be three other multi-tenant buildings, with tenants yet to be announced.

Coffee Bean & Tea Leaf: In August 2019, a new Coffee Bean & Tea Leaf restaurant had its grand opening. Located on the southeast corner of Riverside Ave and Easton Ave, the 1,650 square-foot coffee hub features an outdoor patio with shaded seating, plenty of interior, and a drive-thru. This is part of a shopping center that includes In-N-Out, Jersey Mike’s, Chipotle, and Jack in the Box.

Cedar Hills Plaza
A new shopping center anchored by Dollar Tree, Autozone, Blink Fitness and Starbucks is under construction at the Southeast corner of Foothill and Cedar Ave. Below is a site plan.

Former Walmart to be redeveloped
The former Walmart at 1610 S. Riverside Ave. will be redeveloped to include Ross Dress For Less, dd’s Discounts, and Autozone.

Residential

Potential Townhouse Development: At a recent community meeting, a potential townhouse development was proposed for the north side of Foothill Boulevard, between Spruce and Larch Avenues. This residential site would feature sixteen town-house units per acre, with each unit ranging from 1,600 to 2,400 square feet interior space. The units would be two or three bedrooms, with two or two-and-a-half baths, and prices would range from the low to mid $300,000 range. Following this proposal, the development must pass an economic and environmental review before construction can commence.

Parks & Other Community Services

Joe Sampson Park: Joe Sampson Park is a new, 8-acre recreational facility named in honor of the late city council member. The park will feature a wide variety of amenities, including four half-court basketball courts, an open-turf play area, child and tot playgrounds, night lighting and security cameras for all play areas. In addition, the park will also feature concrete and rubberized walking paths, exercise areas, shade structures, and other traditional park amenities. The city will be hosting a grand opening event on February 23rd, at 10 AM.

Frisbie Park: The existing Frisbie Park will be receiving a $15 to $17 million, 10.7-acre expansion to its current facilities. While planning is still in the works, new facilities may include new basketball courts, tennis courts, a skate park, playgrounds, restrooms and a softball field.

Fire Station 205: Planned to serve over 15,000 southern Rialto residents, Fire Station 205 is a $7 million project expected to be completed in 2020. Groundbreaking for the station took place in October of 2018, and the station will be located on Willow Avenue between San Bernardino Avenue and Valley Boulevard.

 

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Mike Lin, CRE