Listed by Triwell Properties Inc
$2,950,000
1013 West Foothill Boulevard
Details
APN 1006-481-12-0000
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 6,790
Net Rentable (SqFt) 6,790
Units 5
Cap Rate 5.68%
NOI $167,510
Occupancy 100%
Tenancy Multi
Brand/Tenant Starbucks
Lease Type NNN
Year Built 2003
Acreage 0.606
Zoning CH – Upland
Parking Spaces 35 spaces
Parking Per SqFt 5.15
Investment Type Stabilized
Tenant Credit Credit Rated, Franchisee
Ground Lease No
100% Leased: Starbuck Drive-Thru Anchored Center - FOR SALE
Marketing description
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.
This offering is being made at $2,950,000 which equates to a 5.68% cap rate. After a review the enclosed materials, potential buyers are encouraged to contact Triwell Properties for any additional information that may be helpful in an evaluation of this offering.
Investment highlights
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.
This offering is being made at $2,950,000 which equates to a 5.68% cap rate. After a review the enclosed materials, potential buyers are encouraged to contact Triwell Properties for any additional information that may be helpful in an evaluation of this offering.
Listing Contacts
Listed by Triwell Properties Inc
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$167,510.00
$13,959.17/mo
Valuation Metrics
0
DSCR
5.68%
Cap Rate
5.68%
ROI
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