This fully leased two-tenant retail property offers a stable NNN investment opportunity in the heart of Upland, California. The ±7,000 SF building is anchored by FedEx Office, occupying 71% of the space under a new 10-year lease that commenced in October 2025, providing long-term income security. The second tenant, Aroma Grill, complements the property’s strong retail mix.
Positioned along North Mountain Avenue near Foothill Boulevard (Route 66), the property benefits from exceptional visibility and an average daily traffic count of 28,578 vehicles. It serves as a key entry point to Vanguard Centre, an ±80,000 SF commercial and office complex, enhancing customer draw and synergy.
Recent capital improvements include a new parking lot, updated HVAC systems, and exterior repainting, reducing near-term maintenance risk. The property operates under NNN leases, minimizing landlord responsibilities and ensuring predictable cash flow. With a 5.75% in-place cap rate and an asking price of $3,354,113, this asset presents a compelling opportunity for investors seeking a well-located, income-producing property in a thriving retail corridor.