960 N Mountain Ave - Freestanding FOR SALE


Upland, CA 91786
$3,354,113 USD
805-660-2884
960 N Mountain Ave, Upland, CA for Sale
$3,354,113 USD
Freestanding - FOR SALE
1/4
null | 5.75% Cap Rate

960 N Mountain Ave
Upland, CA 91786


HIGHLIGHTS

  • Fully leased two-tenant retail property with FedEx as the anchor tenant.
  • New 10-year FedEx lease commenced in October 2025, ensuring long-term stability.
  • Located along North Mountain Avenue near Foothill Blvd with high traffic exposure.
  • Recent upgrades include new parking lot, HVAC units, and exterior repainting.
  • Reciprocal parking rights with adjacent properties provide ample customer parking.
  • Positioned at the entrance to Vanguard Centre, a major retail and office hub.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,354,113 USD

PRICE/SF

$478 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

C/R-MU

APN/PARCEL ID

1007-151-11

ASK ABOUT THIS PROPERTY

Jim ConnorDAUM Commercial Real Estate ServicesMore Info
805-660-2884

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Jim ConnorDAUM Commercial Real Estate ServicesMore Info
805-660-2884

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