Walgreens

Upland, California is a vibrant city located in the southwestern corner of the United States. Home to attractions such as Cucamonga-Guasti Regional Park and The Museum of History & Art, visitors can explore outdoor activities and culture when visiting Upland. There are also plenty of museums, galleries, and performance venues such as the Upland Community Center and the Fox Performing Arts Center. For entertainment, visitors can explore boutique shops and restaurants along with movie theaters and live music clubs. Very large metropolitan area set in the valleys and mountains of California. Primary industries include logistics and manufacturing. In southern California, 55 miles east of Los Angeles and 85 miles north of San Diego and 78,847 residents recorded by datausa.io.The Kase Group is pleased to present the opportunity to purchase a well established Walgreens location in Upland, California with a new 15 Year absolute NNN lease. The recently extended lease calls for zero landlord obligations and is corporately guaranteed by Walgreens. There are 5% increases every 5 years throughout the initial term, and in each option. There are twelve 5-year renewal options. The building is situated within a 4.74 acre Neighborhood Center shared with multiple tenants such as LabCorp, Mount Hill Dentist, Habit Burger & Grill, Swirls Soft Serve and U-Spa Massage. The site benefits from its highly visible location at the major intersection of Foothill Boulevard (Route 66) and Mountain Avenue with exposure to over 50,000 vehicles per day. Foothill Boulevard is the primary commuter and retail corridor serving Upland, Claremont, Rancho Cucamonga, and the rest of the Inland Empire, while Mountain Avenue serves as a major north/south corridor connecting residents to the 210, 10 and 60 Freeways. The surrounding area boasts 3-mile demographics of 156,431 residents with an $102,802 average household income. Neighboring tenants include Stater Bros. Markets, Walmart, Smart & Final, Planet Fitness, Domino's Pizza, KFC, Burger King, Subway, The UPS Store, FedEx Office Print & Ship Center, Chevron, Pizza Hut, Habit Burger & Grill, Starbucks & many more.