11070-11090 Foothill Blvd 61,204 SF 100% Leased Retail Building Rancho Cucamonga, CA 91730 $14,500,000 ($236.91/SF) 6.57% Cap Rate

ALDI AND BARNES & NOBLE EARLY LEASE EXTENSIONS - SEE RENT ROLL FOR DETAILS
OFFICE DEPOT IS BEING TAKEN PRIVATE BY ATLAS HOLDINGS, A MUCH BIGGER COMPANY THAT OWNS 29 COMPANIES, EMPLOYS 60,000 PEOPLE AND GENERATES $20 BILLION IN ANNUAL REVENUE. ITS BUSINESSES INCLUDE AUTO SUPPLY, BUILDING MATERIALS, CONSTRUCTION, ETC. DESPITE FALLING SALES IN 2024, OFFICE DEPOT GENERATED A PROFIT OF $3.35 PER SHARE.
$7 MILLION NON-RECOURSE ASSUMABLE FINANCING AT 4.97% THROUGH 2031.
BIG PRICE REDUCTION! | EXCEPTIONAL FULLY LEASED RETAIL OPPORTUNITY | 6.6% CAP
Colliers is pleased to present the opportunity to acquire a fee-simple 61,029 SF portion of the Rancho Cucamonga Town Center Square on 5.17 acres. The property has been 100% leased since its inception in 1996. Existing tenants include Office Depot, Barnes & Noble, and Aldi, which are part of the 25-acre, 230,681 SF Community Center co-anchored with PetSmart, Party City, Seafood City, Harbor Freight, and JoAnn. The property has been well-managed and maintained by the current ownership for 20 years. The esteemed Lewis Homes development company built the property. Ideally located in the high-growth Inland Empire area of Southern California, east of Los Angeles, with easy freeway access via I-10 and I-15 freeways. Foothill Blvd includes single-family homes, apartments, and retail properties constructed over the past fifty years. Nearby are the 1.25 million square foot Victoria Gardens Mall, the $120 million state-of-the-art California Speedway racing facility, the 1.7 million square foot Ontario Mills Outlet Center, the Ontario Convention Center, and Citizens Business Bank Arena—an 11,000-seat entertainment/sports arena in Ontario. The property offers the opportunity to purchase a stable, fully occupied retail property with rents +/- 20% below market and a 100% occupancy history since 1996.