369 Mountain Ave Upland, CA 91786
This exceptional investment opportunity presents a 20-year absolute NNN lease on a nearly one-acre car wash in Upland, California. Located at a signalized intersection on a major retail corridor with over 40,000 cars passing daily, this property boasts a prime location surrounded by national tenants. The 42,240 square foot lot offers multiple points of ingress and egress. The tenant, responsible for all expenses, recently completed a full site remodel, significantly upgrading the property to a high-volume express car wash prototype. The lease features a 6.25% cap rate and 1.5% annual rent bumps, ensuring a stable and growing income stream for the next two decades. This fee-simple offering includes both land and building, providing a secure and attractive investment with minimal landlord responsibilities. The property's strong tenant, long-term lease, and strategic location make it an ideal addition to any commercial real estate portfolio. The asking price is $6,400,000. This is a 100% occupied, single-tenant property.
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Mountain View Auto Spa & Repair Car Wash
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Jamba Specialty Food Shop (Bike/Boat/Book/etc) Store
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Mountain View Speed Wash Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.