For Sale
$15,492,000

11070–11090 Foothill Blvd Rancho Cucamonga, CA 91730

High-yield retail center, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a fully-leased, 61,029 square foot shopping center situated on a 5.17-acre lot in Rancho Cucamonga, CA (APN: 1077-422-72). The property, built in 1996 by Lewis Homes, boasts a prime location on Foothill Boulevard, benefiting from easy access to I-10 and I-15 freeways. Currently 100% occupied since its inception, the center features a strong tenant mix including Aldi and Office Depot, and is part of a larger 230,681 square foot community center. The property is zoned C3 and offers a compelling investment profile with an asking price of $15,492,000 ($253.85/sq ft), a 6.30% cap rate, and a land value of $70.46/sq ft. An assumable, non-recourse, fixed-rate loan of $7,375,978 at 4.79% (due December 2031) is available, resulting in a 4.4% cash-on-cash return. The property's strategic location within the high-growth Inland Empire, near major attractions like Victoria Gardens Mall and Ontario Mills Outlet Center, further enhances its long-term value. This well-maintained property presents a rare opportunity to acquire a stable, fully occupied retail asset with significant upside potential due to rents currently approximately 20% below market. The property consists of one single-story building.

Highlights

  • 4.79% fixed-rate, non-recourse loan assumable through December 2031.
  • 4.4% cash-on-cash return.
  • 100% leased since 1996.
  • Excellent freeway access via I-10 and I-15 freeways.

Property Details for 0 11070–11090 Foothill Blvd

Property type
Lifestyle centers, Power centers
Square Feet
61,029 SF
Year Built
1996
Buildings
1
Stories
1
Lot Size (sq. ft)
225,205 SF

Location Insight

City
Rancho Cucamonga
County
San Bernardino
State
California
Latitude
34.10748715
Longitude
-117.56292235

FAQs

What type of property is this?
Lifestyle center - High-yield retail center, 100% occupied.
Where is the lifestyle center located?
The property is located at 11070–11090 Foothill Blvd Rancho Cucamonga, CA.
What is the asking price?
The asking price for this property is $15,492,000.
What are key features of this property?
This property features: 4.79% fixed-rate, non-recourse loan assumable through December 2031.; 4.4% cash-on-cash return.; 100% leased since 1996.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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0 11070–11090 Foothill Blvd
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