For Sale
$5,546,000

8009 Day Creek Blvd Rancho Cucamonga, CA 91739

High-yield Ben Bridge Jeweler NN lease.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a fee-simple ownership of a 5,904 square foot storefront occupied by Ben Bridge Jeweler, a subsidiary of Berkshire Hathaway, Inc. Located at 8009 Day Creek Blvd, Rancho Cucamonga, CA 91739, this property boasts a prime retail location adjacent to Victoria Gardens, a major super regional mall. The property features excellent visibility and accessibility, with direct on/off ramp access to I-15 and proximity to the I-10/I-15 intersection. The building, constructed in 2007 and renovated in 2023, sits on a 0.96-acre lot within a thriving retail corridor featuring major national retailers. The current Net Lease (NN) agreement commenced October 1, 2022, and extends through September 30, 2033, with a remaining term of 8.9 years and a single 5-year option. The lease includes a corporate guarantee and annual rent bumps of 2.00%. The property generates a strong Net Operating Income (NOI) of $374,386, resulting in a 6.75% cap rate. The asking price is $5,546,000. This investment offers a secure, passive income stream in a high-growth area with strong demographics. The trade area within 5 miles boasts 274,654 people with an average household income of $118,322. This is an irreplaceable retail location with exceptional visibility and access in a dynamic economic center.

Highlights

  • Newly renovated Ben Bridge Jeweler storefront, a Berkshire Hathaway subsidiary.
  • Net lease with a 10-year primary term, one 5-year option, and 2% annual rent increases.
  • Prime retail location adjacent to Victoria Gardens mall, with excellent visibility and I-15 freeway access.
  • Strong demographics: 274,654 people within 5 miles, average household income $118,322.

Property Details for 8009 Day Creek Blvd

Property type
Retail properties, Retail space
Square Feet
5,904 SF
Year Built/Renovated
2007/2023
Lot Size (sq. ft)
41,818 SF

Location Insight

City
Rancho Cucamonga
County
San Bernardino
State
California
Latitude
34.1079865
Longitude
-117.5366973

FAQs

What type of property is this?
Retail property - High-yield Ben Bridge Jeweler NN lease.
Where is the retail property located?
The property is located at 8009 Day Creek Blvd Rancho Cucamonga, CA.
What is the asking price?
The asking price for this property is $5,546,000.
What are key features of this property?
This property features: Newly renovated Ben Bridge Jeweler storefront, a Berkshire Hathaway subsidiary.; Net lease with a 10-year primary term, one 5-year option, and 2% annual rent increases.; Prime retail location adjacent to Victoria Gardens mall, with excellent visibility and I-15 freeway access.
How can I contact the broker?
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8009 Day Creek Blvd
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