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Brand New (20-Year) Abs NNN Corporate Lease - 950 Monte Vista ave 3,600 SF Retail Building Upland, CA 91786 $5,985,837 CAD ($1,662.73 CAD/SF) 5.25% Cap Rate



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
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
Property Type
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
Property Taxes
| Parcel Number | 1007-021-11 | Improvements Assessment | $0 CAD |
| Land Assessment | $2,770,350 CAD | Total Assessment | $2,770,350 CAD |
Property Taxes
Parcel Number
1007-021-11
Land Assessment
$2,770,350 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,770,350 CAD
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Brand New (20-Year) Abs NNN Corporate Lease - | 950 Monte Vista ave
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