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Absolute NNN Ground Lease Property
For Lease
$2,099,888 NNN

18772 Valley Blvd, Bloomington, CA 92316

Remodeled Taco Bell location with a long-term ground lease and scheduled rent escalations.

Space SizeContact for details
Days on Market36

Property Features for 18772 Valley Blvd

General Information

Standard status Active
Listing Agency: FLOW PROPERTIES
Listed By: ADAM KAWASAWA
Source: Exprealty
Added: Aug 20 Changed: Sep 20 Last Checked: Sep 24 at 2:32PM

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 FLOW PROPERTIES

Investment Insights

Based on property information with market context.

This absolute NNN ground lease property is occupied by Taco Bell, which has operated at the site since 1998. The premises underwent an approximately $1.5 million remodel in 2019, providing a substantially updated restaurant facility for the existing tenant.

The property is located at 18772 Valley Blvd in Bloomington, California, with access from I-10 near Cedar Avenue. The ground lease runs through May 2039 and includes 10% rent increases every five years, with the next adjustment scheduled for May 2029. The surrounding area includes major employers and operators such as Amazon, Staples, Union Pacific Rail, Old Dominion Freight Company, and Kaiser Permanente.

Key Highlights

  • Absolute NNN ground lease runs through May 2039
  • Taco Bell has operated at the property since 1998
  • Approximately $1.5 million remodel completed in 2019

Property Analytics

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Current Use

Taco Bell Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Pharmacy Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

573
Businesses Nearby
104k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 43% Groceries 29% Dining 28%
Stater Bros. Markets Groceries
29,740 visits/mo 0.4 miles
ARCO Shops & Services
20,438 visits/mo 0.1 miles
Taco Bell Dining
8,294 visits/mo 0.1 miles
Farmer Boys Dining
6,526 visits/mo 0.2 miles
Burger King Dining
6,343 visits/mo 0.2 miles

Demographics for 92316, CA

31,463
Population
8,349
Households
3.8
Avg Household Size
32
Median Age
11%
College-Educated
70%
High-School Grad
11.5 sq mi
ZIP Area
2,736
Density / Sq Mi
$82,117
Median Household Income
$38,629
Median Earnings
$1,450
Median Rent
$448,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Remodeled Taco Bell location with a long-term ground lease and scheduled rent escalations.
Where is this nnn property located?
The property is located at 18772 Valley Blvd Bloomington, CA.
What is the lease rate?
The lease rate is $2,099,888.
What are key features of this property?
This property features: Absolute NNN ground lease runs through May 2039; Taco Bell has operated at the property since 1998; Approximately $1.5 million remodel completed in 2019
More about this property
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