0 11070–11090 Foothill BlvdRancho Cucamonga, CA 91730

Property Details for 0 11070–11090 Foothill Blvd

Year built

1996

Lot size

5.17 AC

Property size (Sq ft)

61,029 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

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.

Location Insight

City

Rancho Cucamonga

County

San Bernardino

State

California

Latitude

34.1075

Longitude

-117.563

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