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Vacant CVS For Sale or For Lease 311 S Mountain Ave 26,900 SF Vacant Retail Building Upland, CA 91786 $5,000,000 ($185.87/SF)

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Executive Summary

•The lease runs until December 2029, and pays $39,146 per month. There is $1,644,132 in guaranteed income over the next 2 and a half years.
The property has 192,000 residents within 3 miles that support an average household income of over $92,000.
•Located within the Mountain Green Shopping Center (211,240 SF), the property benefits from surrounding national tenants such as Aldi's, Michaels, Orleans Furniture - Upland, Dunkin Donuts, Chick-fil-A, and Lucky Liquor. Vallarta Supermarkets will be taking over the Orleans Furniture lease in 2028, and Chase Bank and McDonald's recently signed new leases and will be outparceled in the Orleans/Vallarta parking lot.
•Within two miles of the property, there is over 8.3 million square feet of existing retail space.
•The property has frontage on South Mountain Ave with over 42,000 vehicles per day and is situated directly off the ingress/egress for Bernardino Freeway (CA-10) with 247,000 vehicles per day.
•There are multiple new residential projects under construction, including the Village at Montclair, 1.5 miles to the west, bringing 350 new residential units to the market.
•Located 6 miles to the southeast, Ontario Sports Empire is a new 199-acre, multi-phase regional sports and entertainment complex that will host the LA Dodgers’ single-A affiliate, set to open in spring 2026.

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Drug Store

Building Size

26,900 SF

Building Class

Year Built

1977

Price

$5,000,000

Price Per SF

$185.87

Percent Leased

Vacant

Tenancy

Multiple

Building Height

1 Story

Loading Docks

1 Exterior

Building FAR

0.26

Lot Size

2.39 AC

Zoning

RC - Regional Commercial

Parking

80 Spaces (2.97 Spaces per 1,000 SF Leased)

Frontage

1,260’ on S Mountain Ave

Dedicated Turn Lane
Freeway Visibility

Pylon Sign
Restaurant

Signage

Signalized Intersection

Space Availability

Space
Size
Space Use
Position
Available

1st Floor
26,900 SF
Retail
-
Now

•The property has 192,000 residents within 3 miles that support an average household income of over $92,000. •Located within the Mountain Green Shopping Center (211,240 SF), the property benefits from surrounding national tenants such as Aldi's, Michaels, Orleans Furniture - Upland, Dunkin Donuts, Chick-fil-A, and Lucky Liquor. Vallarta Supermarkets will be taking over the Orleans Furniture lease in 2028, and Chase Bank and McDonald's recently signed new leases and will be outparceled in the Orleans/Vallarta parking lot. •Within two miles of the property, there is over 8.3 million square feet of existing retail space. •Imperial The property has frontage on South Mountain Ave with over 42,000 vehicles per day and is situated directly off the ingress/egress for Bernardino Freeway (CA-10) with 247,000 vehicles per day. •There are multiple new residential projects under construction, including the Village at Montclair, 1.5 miles to the west, bringing 350 new residential units to the market. Located 6 miles to the southeast, Ontario Sports Empire is a new 199-acre, multi-phase regional sports and entertainment complex that will host the LA Dodgers’ single-A affiliate, set to open in spring 2026.