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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
Investment Highlights
- $6,800,000 assumable, non-recourse, fixed rate financing at 4.79% through 2031. This is a balance sheet lender, NOT CMBS.
Executive Summary
Town Center Square presents an exceptional investment opportunity in the heart of Rancho Cucamonga, one of Southern California’s most dynamic retail corridors. This fee-simple offering consists of a 61,029 SF portion of a 25-acre, 230,681 SF community center strategically positioned along Foothill Boulevard with direct access to I-10 and I-15 freeways.
The center benefits from its prime location in the high-growth Inland Empire, surrounded by affluent residential neighborhoods, major retail destinations, and strong regional amenities. Nearby attractions include Victoria Gardens Mall, Ontario Mills Outlet Center, and the Ontario Convention Center, as well as Ontario International Airport just seven minutes away. Rancho Cucamonga boasts a median household income of $83,000 and a population exceeding 175,000, ensuring robust consumer demand.
Offered at $14,500,000, this asset delivers a 6.6% CAP rate with a 5.25-year weighted average lease term (WALT), providing investors with predictable cash flow and early lease extensions. With below-market rents and assumable financing, Town Center Square offers both immediate income and long-term upside in one of California’s most desirable retail markets.
Property Facts
Amenities
- Dedicated Turn Lane
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Retailer
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Aldi is a privately held discount supermarket group operating worldwide under two entities: Aldi Nord and Aldi Süd. Founded by Karl and Theo Albrecht, the company pioneered a no-frills retail model that emphasizes efficiency, low prices, and high-quality private-label products. Aldi’s streamlined approach minimizes overhead costs, enabling customers to enjoy significant savings without compromising quality. The brand is recognized for its sustainability initiatives, including reducing packaging waste and promoting recyclable materials. Today, Aldi continues to expand globally, maintaining its core values of simplicity, responsibility, and consistency while delivering a convenient shopping experience.
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Barnes & Noble, Inc. is the largest retail bookseller in the United States. The Company has hundreds of bookstores across the United States, as well as its online bookstore at BN.com, the NOOK® Digital business which offers both eBooks and an audio book subscriptions service, the SparkNotes educational service, stationery and gift retailer Paper Source, and the publisher Union Square & Co. Barnes & Noble is owned by Elliott Advisors (UK) Limited and run by CEO and bookseller James Daunt, who is also Managing Director of Waterstones bookstores in the U.K. and founder and owner of Daunt Books. Barnes & Noble was founded in 1971 by bookseller Leonard Riggio when he acquired the Barnes & Noble trade name and bookstore in New York City.
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Office Depot is a U.S.-based office supply retailer headquartered in Boca Raton, Florida. Founded in 1986, the company was established by F. Patrick Sher, Stephen Dougherty, and Jack Kopkin, who opened the first store in Lauderdale Lakes, Florida. The business expanded through mergers, most notably its 2013 combination with OfficeMax, and further developed contract, retail, and e-commerce operations. The company provides office products, technology solutions, furniture, janitorial supplies, and print services to consumers and businesses. Office Depot operates under The ODP Corporation and maintains a multichannel distribution framework encompassing retail stores, online platforms, and business-to-business operations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Nearby Major Retailers
Property Taxes
| Parcel Number | 1077-422-72 | Improvements Assessment | $6,470,000 |
| Land Assessment | $6,530,000 | Total Assessment | $13,000,000 |
Property Taxes
Presented by
11070-11090 Foothill Blvd
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