Property summary
This Upland, CA property offers a compelling investment opportunity featuring a 9,348 square foot Bank of America branch operating under a 60-year absolute NNN ground lease. The lease, commencing January 1, 1969, has a remaining term of approximately 4.1 years with one 5-year option remaining. The property boasts a strong 4.50% cap rate and a substantial NOI of $304,850, supported by over $322 million in confirmed branch deposits (October 2024). Bank of America, an investment-grade tenant… with an A+ S&P rating, covers all property expenses, including taxes, insurance, and maintenance, minimizing landlord responsibilities. Rent increases are tied to 6.5% of the Fair Market Value of the land every five years during option periods. The property sits on a 1.96-acre lot with 60 parking spaces, located at a high-traffic hard corner on Foothill Boulevard in Upland, CA (zip code 91786), near major freeways (I-10, I-15, and I-210). The property's location benefits from excellent demographics, with average household incomes exceeding $113,400 within a 3-mile radius and a population of over 156,000. Built in 1970, this single-building property is zoned for commercial use and presents a significant opportunity for long-term income generation and potential future development. The asking price is $6,774,000. This investment offers a blend of immediate returns and long-term growth potential, secured by a financially stable, nationally recognized tenant.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 9,162 SF
- Lot area
- 1.96 ac
- Year built
- 1970
- APN
- 1006-511-44-0000
- Assessed value · 2024
- $1,536,561
- Annual tax · 2023
- $16,446
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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