Multi-Tenant Mixed-Use
For Sale
Contact for pricing
1710 W Foothill Blvd, Upland, CA 91786
Retail, office, and automotive suites combine across a seven-building commercial complex with concrete driveways and on-site parking.
Property Size31,375 SF
Lot Size1.90 Acres
Price / SF$168.13
Days on Market418
Property Features for 1710 W Foothill Blvd
General Information
Standard status
Active
Size
31,375 SF
Total Parking Spaces
105
Lot size
1.90 Acres
Property subtype
Mixed Use, Office, Retail
Zoning
C/I-MU
Occupancy
90%
Net Operating Income
$276,396
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Cap Rate
5.24%
Amenities
roll-up overhead doors
Building Details
Year Built
1985
Buildings
6
Stories
1
Construction
concrete block
Tenancy
Multi
Parking Ratio
3.35 per 1,000 SF
Listing Agency:
Marcus & Millichap - Inland Empire
Listed By:
Drew Wetherholt · License #CA 01065168
Source:
Crexi
Added: Jul 10, 2025
Changed: Aug 30
Last Checked: Aug 30 at 3:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Inland Empire
Investment Insights
Based on property information with market context.
This approximately 31,375-square-foot mixed-use complex includes about 23 units across seven buildings. Two structures are two stories and contain retail and office suites, while five single-story buildings accommodate auto, service, and retail uses. Built in 1985, the improvements feature concrete-block construction, mission tile mansards, built-up composition roofing, 32 bays, and 32 roll-up overhead doors. The site contains approximately 105 parking spaces and concrete driveways.
Located at 1710 W Foothill Blvd in Upland, the property has vehicular access from Foothill Boulevard and frontage along the corridor. The approximately 1.90-acre rectangular site is zoned C/I-MU, or commercial/industrial mixed use. Utilities are available on Foothill Blvd; the property also has an existing septic system, while a sewer line runs along the boulevard without a recorded connection to the site.
Located at 1710 W Foothill Blvd in Upland, the property has vehicular access from Foothill Boulevard and frontage along the corridor. The approximately 1.90-acre rectangular site is zoned C/I-MU, or commercial/industrial mixed use. Utilities are available on Foothill Blvd; the property also has an existing septic system, while a sewer line runs along the boulevard without a recorded connection to the site.
Key Highlights
- 31,375 square feet across a seven‑building mixed‑use complex
- Approximately 23 units with retail, office, auto, service, and retail configurations
- 32 bays with 32 roll‑up overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$449,722
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,994,440
$9.0M
Cap Rate 7%
$6,424,600
$6.4M
Cap Rate 9%
$4,996,911
$5.0M
Market Conditions
NOI Build-Up for 31,375 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$677.7K $21.60/SF
− Vacancy
−$35.2K −$1.12/SF
EGI
$642.5K $20.48/SF
− OpEx
−$192.7K −$6.14/SF
NOI
$449.7K $14.33/SF
Area
San Bernardino County, CA
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,994,440
Cap Rate 7%
$6,424,600
Cap Rate 9%
$4,996,911
Alternative Uses
Best Use
Retail
$6.42M
$5.62M – $7.50M
NOI $449,722 @ 7.0% cap · market cap 8.53%
Second Best
Office B
$5.28M
$4.62M – $6.15M
NOI $369,296 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$6.62M
$5.79M – $7.72M
NOI $463,267 @ 7.0% cap · market cap 8.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,509
Businesses Nearby
Explore this area
Business Placement
Demographics for 91786, CA
55,763
Population
20,094
Households
2.8
Avg Household Size
36
Median Age
30%
College-Educated
88%
High-School Grad
8.9 sq mi
ZIP Area
6,266
Density / Sq Mi
$86,961
Median Household Income
$43,050
Median Earnings
$1,923
Median Rent
$607,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail, office, and automotive suites combine across a seven-building commercial complex with concrete driveways and on-site parking.
Where is this mixed-use property located?
The property is located at 1710 W Foothill Blvd Upland, CA.
What is the asking price?
The asking price for this property is $5,275,000.
What are key features of this property?
This property features: 31,375 square feet across a seven‑building mixed‑use complex; Approximately 23 units with retail, office, auto, service, and retail configurations; 32 bays with 32 roll‑up overhead doors
