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Investment Highlights

  • Brand-New (20-Year) Corporately Guaranteed Lease with Three (5-Year) Renewal Options and Scheduled Rental Increases
  • Premier Upland, Southern California Location - 1.5 miles from Whole Foods Market and adjacent to prestigious Claremont Colleges campus
  • Affluent, Master-Planned Trade Area with strong demographics, including more than 380,000 residents and an average household income exceeding $118,700
  • Absolute NNN Ground Lease with Zero Landlord Responsibilities
  • Strong National Tenant / Corporate Guarantee - Quick Quack Car Wash owns and operates more than 330~ locations across Western United States
  • Large 1.49-Acre Parcel - The site is strategically positioned and wraps the signalized, hard-corner intersection of Historic Route 66

Executive Summary

Brand New, Long-Term (20-Year) Absolute NNN Ground Lease with Strong Corporate Lease (Quick Quack Car Wash Holdings, LLC)
Brand-New (20-Year) Corporately Guaranteed Lease with Three (5-Year) Renewal Options and Scheduled Rental Increases
Absolute NNN Ground Lease with Zero Landlord Responsibilities
Premier Upland, Southern California Location - 1.5 miles from Whole Foods Market and adjacent to prestigious Claremont Colleges campus
Affluent, Master-Planned Trade Area with strong demographics, including more than 380,000 residents and an average household income exceeding $118,700
Large 1.49-Acre Parcel - The site is strategically positioned and wraps the signalized, hard-corner intersection of Historic Route 66 (Foothill Boulevard) and Monte Vista Avenue, with traffic counts exceeding 45,100 vehicles per day
Strong National Tenant / Corporate Guarantee - Quick Quack Car Wash owns and operates more than 330~ locations across Arizona, California, Colorado, Texas, and Utah, with continued expansion throughout the Western United States following an $850 million investment from KKR in 2024, positioned to become dominant national chain
Long-Term Tenant Commitment demonstrated by the execution of a brand-new 20-year lease with three (5-year) renewal options
Built-In Rental Growth featuring 10% rent increases every five years throughout the initial lease term and at the commencement of each renewal option, providing predictable NOI growth and a hedge against inflation
Passive Investment Opportunity with an absolute NNN lease structure, eliminating landlord management responsibilities while providing stable, long-term cash flow

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Building Size
3,600 SF
Year Built
2026
Price
$5,985,837 CAD
Price Per SF
$1,662.73 CAD
Cap Rate
5.25%
NOI
$314,256 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.49 AC

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Quick Quack Car Wash
  • -
  • -
  • -
  • Triple Net
  • May 2046
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Quick Quack Car Wash - - - Triple Net May 2046
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

CrossFit
Rodrigo's Mexican Grill
Jenny Craig

Property Taxes

Property Taxes

Parcel Number
1007-021-11
Land Assessment
$2,770,350 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,770,350 CAD
  • Listing ID: 41586069

  • Date on Market: 2026-08-06

  • Last Updated:

  • Address: 950 Monte Vista ave, Upland, CA 91786

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