Property Detail
Description
HIGHLIGHTS: » Net Operating Income $130,629 » Current Cap Rate 4.86% »Fully fixtured restaurant, includes F.F. & E, and liquor license » First time to hit market in 45 years » Huge lot with an abundance of parking » Located conveniently off the 10 freeway » Property is part of a portfolio sale » Portfolio sale » Can be sold individually Explore a premier investment opportunity featuring a high-potential class B restaurant/bar/nightclub building built in 1979 on a 1.28 Acre lot with 80 parking spaces. This prime location we present an exceptional chance for investors seeking stable, long-term returns. The property is currently leased to a reliable long-term tenant under a triple net lease structure, guaranteeing a low-maintenance investment and a consistent income stream for the foreseeable future. TRIPLE NET INVESTMENT Commercial Life Inc is pleased to present to you 60 N Mountain Ave, Upland. This exceptional property boasts a long-term tenant on a triple net lease, offering you a secure and hassle-free investment opportunity. With a prime location and a spacious lot featuring ample parking, this property is a must-see for savvy investors seeking a lucrative commercial asset.
Map Location
Listing provided courtesy of Byron Castro of TOP PRODUCERS REALTY PARTNERS. Last updated 2024-10-19 09:22:28.000000. Listing information © 2024 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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