Leased Freestanding Storefront
For Sale
Contact for pricing
964 968 & 972 9th St, Upland, CA 91786
Three separate buildings are fully occupied under existing leases.
Property Size15,000 SF
Price / SF$225
Days on Market106
Property Features for 964 968 & 972 9th St
General Information
Standard status
Active
Size
15,000 SF
Property subtype
Retail
Occupancy
100%
Building Details
Buildings
3
Listing Agency:
Delmar Commercial Real Estate Services
Listed By:
Don Barmakian · License #00669168
Source:
Crexi
Added: Jul 1
Changed: Oct 11
Last Checked: Oct 12 at 7:34PM
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 Delmar Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This storefront portfolio comprises three freestanding buildings at 964, 968, and 972 9th St in Upland, California. The buildings measure approximately 3,000, 5,000, and 7,000 square feet, totaling 15,000 square feet across the property.
The asset is 100% leased and offered as an investor-only sale. The separate building configuration provides a multi-building retail holding at a single address.
The asset is 100% leased and offered as an investor-only sale. The separate building configuration provides a multi-building retail holding at a single address.
Key Highlights
- Three freestanding buildings measuring 3k, 5k & 7K sf
- 15,000 SF total property size
- 100% leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$215,006
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,300,120
$4.3M
Cap Rate 7%
$3,071,514
$3.1M
Cap Rate 9%
$2,388,956
$2.4M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$324.0K $21.60/SF
− Vacancy
−$16.8K −$1.12/SF
EGI
$307.2K $20.48/SF
− OpEx
−$92.1K −$6.14/SF
NOI
$215.0K $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 Rate 5%
$4,300,120
Cap Rate 7%
$3,071,514
Cap Rate 9%
$2,388,956
Alternative Uses
Best Use
Retail
$3.07M
$2.69M – $3.58M
NOI $215,006 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.16M
$2.77M – $3.69M
NOI $221,482 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,733
Businesses Nearby
Under-served
Demand for This Use
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
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
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Similar Off Market Nearby
- Irises Designs - Flowers for Weddings and Events — 290 N Benson Ave #1, Upland, CA 91786
Frequently Asked Questions
What type of property is this?
Storefront property - Three separate buildings are fully occupied under existing leases.
Where is this storefront property located?
The property is located at 964 968 & 972 9th St Upland, CA.
What is the asking price?
The asking price for this property is $3,375,000.
What are key features of this property?
This property features: Three freestanding buildings measuring 3k, 5k & 7K sf; 15,000 SF total property size; 100% leased
