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C 1710 W Foothill Blvd 31 375 pi² 90% Loué Industriel Immeuble Upland, CA 91786 7 363 478 $ CAD (234,69 $ CAD/pi²) 5,24% Taux de capitalisation
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Value- Added Opportunity through Leasing/Management
- Mixed- Use with Retail, Auto- Retail & Office
- 1985 Construction; 1.90 Acres
- Low Lease Rates with Significant Upside
- $170/SF - Priced Below Replacement Costs
- Desirable Community of Upland
RÉSUMÉ DE L'ANNONCE
Marcus & Millichap Real Estate Investment Services is pleased to present an opportunity to acquire the Foothill Auto/Retail Center, a value-added investment consisting of a 31,375 square foot multi-tenant retail/automotive center in the City of Upland. An investor will be able to create significant upside by improved leasing, rental upside and management. The Foothill Center offers an actual capitalization rate of 5.24% with a proforma of 7.55%. The property is priced at $170/square foot- significantly below replacement costs.
This seven-building complex has two, 2-story buildings consisting of retail/office suites and five, 1-story auto/service/retail buildings constructed in 1985. The subject property has approximately 23 units. The construction consists of concrete block and roofs of mission tile mansards along with built-up composition. The property also features 32 bays with 32 roll-up overhead doors.
Parking consists of approximately 105 spaces with an overall parking ratio of 3.35 spaces per 1,000 square feet. The driveways are concrete. The site is approximately 1.90 acres and is of a rectangular shape. Vehicular ingress and egress are from Foothill Boulevard. The property has excellent visibility and frontage on Foothill Blvd.
According to the City of Upland Planning Department, the property is zoned C/I-MU (commercial/industrial mixed use). This zoning is intended to accommodate a variety of retail, industrial and support commercial activities to satisfy a range of services for the community.
All necessary utilities are available on Foothill Blvd. The City of Upland has a sewer line running along on Foothill Blvd; however, there is no record of a connection to the subject property according to the Public Works and the Water Department, City of Upland. The subject property has a septic system in-place.
Please do not Disturb Tenants, Walk and/or Talk to Anyone at the Property.
For Further Information, Please Contact the Listing Agents.
This seven-building complex has two, 2-story buildings consisting of retail/office suites and five, 1-story auto/service/retail buildings constructed in 1985. The subject property has approximately 23 units. The construction consists of concrete block and roofs of mission tile mansards along with built-up composition. The property also features 32 bays with 32 roll-up overhead doors.
Parking consists of approximately 105 spaces with an overall parking ratio of 3.35 spaces per 1,000 square feet. The driveways are concrete. The site is approximately 1.90 acres and is of a rectangular shape. Vehicular ingress and egress are from Foothill Boulevard. The property has excellent visibility and frontage on Foothill Blvd.
According to the City of Upland Planning Department, the property is zoned C/I-MU (commercial/industrial mixed use). This zoning is intended to accommodate a variety of retail, industrial and support commercial activities to satisfy a range of services for the community.
All necessary utilities are available on Foothill Blvd. The City of Upland has a sewer line running along on Foothill Blvd; however, there is no record of a connection to the subject property according to the Public Works and the Water Department, City of Upland. The subject property has a septic system in-place.
Please do not Disturb Tenants, Walk and/or Talk to Anyone at the Property.
For Further Information, Please Contact the Listing Agents.
FAITS SUR LA PROPRIÉTÉ
| Prix | 7 363 478 $ CAD | Classe d’immeuble | C |
| Prix par pi² | 234,69 $ CAD | Taille du lot | 1,90 AC |
| Type de vente | Investissement | Aire du bâtiment louable | 31 375 pi² |
| Taux de capitalisation | 5,24% | Nombre d’étages | 1 |
| Type de propriété | Industriel | Année de construction | 1985 |
| Sous-type de propriété | Entrepôt | Ratio de stationnement | 0,38/1 000 pi² |
| Zonage | C/I-MU - Commercial/Industrial Mixed Use | ||
| Prix | 7 363 478 $ CAD |
| Prix par pi² | 234,69 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 5,24% |
| Type de propriété | Industriel |
| Sous-type de propriété | Entrepôt |
| Classe d’immeuble | C |
| Taille du lot | 1,90 AC |
| Aire du bâtiment louable | 31 375 pi² |
| Nombre d’étages | 1 |
| Année de construction | 1985 |
| Ratio de stationnement | 0,38/1 000 pi² |
| Zonage | C/I-MU - Commercial/Industrial Mixed Use |
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Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 5 041 407 $ CAD | |
| Évaluation du terrain | 1 651 133 $ CAD | Évaluation totale | 6 692 540 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
1 651 133 $ CAD
Évaluation des bâtiments
5 041 407 $ CAD
Évaluation totale
6 692 540 $ CAD
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C | 1710 W Foothill Blvd
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