Magnolia Centre Investment
299 West Foothill Boulevard, Upland, CA 91786
95% occupied medical/professional office building for sale.
Type:Office
Property size:
36,870 SFLot size:
2.16 AcresPrice / SF:
$240/SF- Added:
- Mar 6, 2026
- Days on Market:
- 72
- Last Refresh:
- Apr 5 at 10:53 pm
Property Features for 299 West Foothill Boulevard
General Information
- Standard status
- Active
- Size
- 36,870 SF
- Lot size
- 2.16 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1987
Listing agent Steve Liu License #CalDRE #01323150 (949) 468-2385
Listing office NAI Capital - Orange County (949) 468-2385
Listing date Mar 6, 2026
Source Naiglobal
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 NAI Capital - Orange County
HighLights
- 95% Occupied Medical/Professional Office Investment with additional cell tower income
- Almost 50% of the building leased to medical tenants with an average tenure of 21 years
- Located in a dynamic location on Foothill Boulevard, experiencing over 54,000 vehicle trips daily
- Well‑priced below replacement cost at $221/SF
- Conveniently located minutes from both the 210 and 10 Freeways and 1.5 miles from San Antonio Regional Hospital
- Ample parking with a ratio of 4.6 per 1,000
Overview
The Magnolia Centre is a 36,870-square-foot, two-story medical and professional office building located in Upland, within the Route 66 corridor. Constructed in 1987, the building is situated on a 2.16-acre parcel and features an elevator. The property includes surface and covered parking at a ratio of 4.6 per 1,000 square feet. Currently 95% occupied, the multi-tenant building offers investment opportunities with additional cell tower income. Almost 50% of the building is leased to four medical tenants, two of which are publicly traded, with an average tenure of 21 years. The property benefits from staggered lease expirations, providing stable income. The location on Foothill Boulevard within the Route 66 retail corridor experiences over 54,000 vehicle trips daily. The area has a dense population of over 380,000 and an average household income of over $115,000 within a 5-mile radius. The property is located approximately 1.5 miles from San Antonio Regional Hospital, a 370,000-square-foot acute-care facility with 363 licensed beds, and is conveniently located minutes from both the 210 and 10 Freeways. The City of Upland encourages business expansion and attracts restaurants, retail, professional services, light industrial, and manufacturing companies.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
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Location Insight
- Map
- Local Demand
- City
- Upland
- County
- San Bernardino
- State
- California
- Longitude
- -117.655
- Latitude
- 34.1082
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FAQs
What type of property is this?
Medical Office Space - 95% occupied medical/professional office building for sale.
Where is this medical office space located?
The property is located at 299 West Foothill Boulevard Upland, CA.
What is the asking price?
The asking price for this property is $8,880,000.
What are key features of this property?
This property features: 95% Occupied Medical/Professional Office Investment with additional cell tower income; Almost 50% of the building leased to medical tenants with an average tenure of 21 years; Located in a dynamic location on Foothill Boulevard, experiencing over 54,000 vehicle trips daily
