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Shopping Auto Center

1710 W Foothill Blvd

1710 W Foothill Blvd, Upland, CA 91786

Listing Price: $5,275,000

Cap Rate
5.24%
Gross SF
31,375
Rentable SF
31,375
Price/Gross SF
$168.13
Lot Size
1.90 acres
Year Built
1985

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to present an opportunity to acquire the Foothill Auto/Retail Center, a value-added investment consisting of a 31,375 square foot multi-tenant retail/automotive center in the City of Upland. An investor will be able to create significant upside by improved leasing, rental upside and management. The Foothill Center offers an actual capitalization rate of 5.24% with a proforma of 7.55%. The property is priced at $170/square foot- significantly below replacement costs.

Investment Highlights

  • Value- Added Opportunity through Leasing/Management
  • Low Lease Rates with Significant Upside
  • Mixed- Use with Retail, Auto- Retail & Office
  • $170/SF - Priced Below Replacement Costs
  • Desirable Community of Upland
  • 1985 Construction; 1.90 Acres

Exclusively Listed By

Financing By

Shopping Auto Center

1710 W Foothill Blvd

Listing Price: $5,275,000

Cap Rate
5.24%
Gross SF
31,375
Rentable SF
31,375
Price/Gross SF
$168.13
Lot Size
1.90 acres
Year Built
1985

Investment Highlights

  • Value- Added Opportunity through Leasing/Management
  • Low Lease Rates with Significant Upside
  • Mixed- Use with Retail, Auto- Retail & Office
  • $170/SF - Priced Below Replacement Costs
  • Desirable Community of Upland
  • 1985 Construction; 1.90 Acres

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to present an opportunity to acquire the Foothill Auto/Retail Center, a value-added investment consisting of a 31,375 square foot multi-tenant retail/automotive center in the City of Upland. An investor will be able to create significant upside by improved leasing, rental upside and management. The Foothill Center offers an actual capitalization rate of 5.24% with a proforma of 7.55%. The property is priced at $170/square foot- significantly below replacement costs.

Exclusively Listed By

Financing By

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