1382 E Foothill Blvd - Restaurant FOR SALE


Upland, CA 91786
$4,400,000 USD
949-270-8206
1382 E Foothill Blvd, Upland, CA for Sale
$4,400,000 USD
Restaurant - FOR SALE
1/10
null | 5% Cap Rate

1382 E Foothill Blvd
Upland, CA 91786


HIGHLIGHTS

  • Brand New 15-Year Lease | Corporate Signed | Brand New Build | Scheduled Rental Increases | Strong & Growing Brand |Signalized Hard Corner Location
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Near Walmart Neighborhood Market | Interstate 10 (218,000 VPD) |Upland Village Center (200,000 SF) | Strong Retail Corridor
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, corporate signed, Black Rock Coffee investment property located in Upland, California. The tenant, Black Rock Store Operations LLC recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for an out of state investor. The property has a state-of-the-art design with brand new construction materials.

FOR SALE DETAILS

PRICE

$4,400,000 USD

PRICE/SF

$1,143 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Black Rock Coffee | Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

HC

APN/PARCEL ID

1046-141-18

ASK ABOUT THIS PROPERTY

Parker WalterSRS National Net LeaseMore Info
949-270-8206

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Parker WalterSRS National Net LeaseMore Info
949-270-8206

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.