60 N Mountain Avenue , Upland, CA 91786
Upland, CA 91786
Description
HIGHLIGHTS: » Net Operating Income $130,629 » Current Cap Rate 4.86% »Fully fixtured restaurant, includes F.F. & E, and liquor license » First time to hit market in 45 years » Huge lot with an abundance of parking » Located conveniently off the 10 freeway » Property is part of a portfolio sale » Portfolio sale » Can be sold individually Explore a premier investment opportunity featuring a high-potential class B restaurant/bar/nightclub building built in 1979 on a 1.28 Acre lot with 80 parking spaces. This prime location we present an exceptional chance for investors seeking stable, long-term returns. The property is currently leased to a reliable long-term tenant under a triple net lease structure, guaranteeing a low-maintenance investment and a consistent income stream for the foreseeable future. TRIPLE NET INVESTMENT Commercial Life Inc is pleased to present to you 60 N Mountain Ave, Upland. This exceptional property boasts a long-term tenant on a triple net lease, offering you a secure and hassle-free investment opportunity. With a prime location and a spacious lot featuring ample parking, this property is a must-see for savvy investors seeking a lucrative commercial asset.
Details
| Mls | CV24216245 |
|---|---|
| Listing Type | For Sale |
| Style | Other Business Opportunity |
| Subtype | Resale |
| Status | Active |
| Year | 1979 |
| Days On Site | 52 |
| Listing Provided By | TOP PRODUCERS REALTY PARTNERS 909-590-8853 | Byron Castro |
Features
| Sq Feet | 6,396 |
|---|---|
| Storys | 1 |
| Buildings | 1 |
| Acreage | 1.28 |
Market Activity 91786
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | Upland |
| Zip Code | 91786 |
| Area | 690 Upland |
| Listing VS Median (in 91786) | |
Price: $2,500,000 low | high Med: $670,144 SqFt: 6,396 low | high Med: 1,704 $ / SqFt: $391 low | high Med: $404 On Site: 52 low | high Med: 65.500000 | |