10123 Foothill Blvd Rancho Cucamonga, CA 91730-3724
- Turn key restaurants
- 7,221 SF
- 1.54 lot acres
Current Use by Public Records
- Kickback Jack's / Hamburger Restaurant / Breakfast Restaurant
- Rocky's / Breakfast Restaurant / American Restaurant
Property Details for 10123 Foothill Blvd
- Year built
- 1984
- Construction
- WOOD FRAME
- Lot size
- 1.54 lot acres
- Property size
- 7,221 SF
- Property type
- Turn key restaurants
- APN
- 0208-331-27-0000
- APU
- 208331270000
Description
This exceptional Class B restaurant building presents a compelling investment opportunity in Rancho Cucamonga, CA. Built in 1984, the 7,221 square foot property sits on a 1.54-acre lot and boasts 105 parking spaces. Currently 100% occupied by a credit-rated tenant under a triple-net (NNN) lease, this single-tenant property offers a stable and predictable income stream. The lease, commencing January 12, 2023, has a remaining term of approximately 3.1 years, with a 10-year extension option. The current annual rent includes 2% increases, while the extension option offers 5% annual increases. The property's strong financial performance is reflected in its current NOI of $113,832 and a pro-forma NOI of $129,376, resulting in a cap rate of 4.28% and a pro-forma cap rate of 4.86%. The asking price is $2,660,000, translating to $368.37 per square foot. Located at 10123 Foothill Blvd, Rancho Cucamonga, CA 91730, this property benefits from high visibility and convenient access to major freeways (I-10, I-15, and 210), and proximity to Victoria Gardens. The property is zoned Corridor 1 (Form Based Zone) in San Bernardino County. This is a private ownership sale.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rancho Cucamonga
- County
- San Bernardino
- State
- California
- Longitude
- -117.584
- Latitude
- 34.1061
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
