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Starbucks Retail Center 1013 W Foothill Blvd 6,100 SF 100% Leased Retail Building Upland, CA 91786 $2,950,000 ($483.61/SF) 5.68% Cap Rate
Investment Highlights
- Signalized Corner Lot
- Located on Busy and Historic Rout 66
- Starbucks Drive-Thru
Executive Summary
Triwell Properties is proud to present the sale offering for 1013 Foothill located in the City of Upland, California. The subject property is a 100% occupied, multi-tenant retail center located at a signalized corner on the busy and historic Route 66. Anchored by Starbucks drive-thru, this opportunity offers the stability of established tenants with long term leases and annual rent escalations. Below market rents provide additional future upside.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
6,100 SF
Building Class
B
Year Built/Renovated
2003/2019
Price
$2,950,000
Price Per SF
$483.61
Cap Rate
5.68%
NOI
$167,510
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.60 AC
Zoning
CH, Upland
Parking
35 Spaces
Frontage
171’ on W Foothill Blvd Blvd
Amenities
- Corner Lot
- Restaurant
- Signalized Intersection
- Drive Thru
- Monument Signage
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1006-481-12 | Improvements Assessment | $3,298,700 |
| Land Assessment | $824,700 | Total Assessment | $4,123,400 |
Property Taxes
Parcel Number
1006-481-12
Land Assessment
$824,700
Improvements Assessment
$3,298,700
Total Assessment
$4,123,400
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Starbucks Retail Center | 1013 W Foothill Blvd
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