7287 Archibald | Rancho Cucamonga, CA 91701
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7287 Archibald
Rancho Cucamonga, CA 91701
7287 Archibald Avenue · Retail Property For Sale
Investment Highlights
- Exceptional Location
- Excellent Visibility
- Strong Demographics
- Strong Credit Tenant
- Attractive Exterior
- Heavy Traffic
Executive Summary
Keegan & Coppin Company, Inc. has been retained as the exclusive advisor for the disposition of 7287 Archibald Avenue in Rancho Cucamonga, California. On the market for the first time in nearly thirty years, this offering represents a rare opportunity to own one of the most prominent locations in the area. This corporate guaranteed single-tenant absolute NNN leased investment sits on the heavily trafficked corner of Archibald Avenue and Baseline Road. The property is leased to APRO, LLC doing business as United Pacific. United Pacific operates over 450 locations throughout California, Oregon, Washington, and Colorado selling fuel under several major brands including 76, Conoco, Phillips 66, Chevron, and United Oil, while offering convenience items through Rocket.
United Pacific was formed in 2015 after Fortress Investment Group’s acquisition of United Oil and Pacific Convenience and is the operating company of APRO, LLC. APRO, LLC is owned by Phillip’s 66 (Moody’s A3 Rating), and Fortress Investment Group, both with a 48% ownership interest and a 50% voting share.
Continuously operated as a fuel station and convenience store since its construction in 1986, United Pacific is currently selling fuel under the 76 brand with a Rocket convenience store at the Subject Property. The tenant has just negotiated a new ten-year lease extension showing a strong commitment to the site. The new lease extension includes rare 2% annual increases throughout the term.
• Recent ten-year lease extension
• Strong corporate guarantee
• Located on a major intersection
• Close proximity to Ontario International Airport
• Large population in the immediate area
• In the economic heart of the Inland Empire
United Pacific was formed in 2015 after Fortress Investment Group’s acquisition of United Oil and Pacific Convenience and is the operating company of APRO, LLC. APRO, LLC is owned by Phillip’s 66 (Moody’s A3 Rating), and Fortress Investment Group, both with a 48% ownership interest and a 50% voting share.
Continuously operated as a fuel station and convenience store since its construction in 1986, United Pacific is currently selling fuel under the 76 brand with a Rocket convenience store at the Subject Property. The tenant has just negotiated a new ten-year lease extension showing a strong commitment to the site. The new lease extension includes rare 2% annual increases throughout the term.
• Recent ten-year lease extension
• Strong corporate guarantee
• Located on a major intersection
• Close proximity to Ontario International Airport
• Large population in the immediate area
• In the economic heart of the Inland Empire
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
3,112 SF
Building Class
B
Year Built
1986
Price
$4,995,000
Price Per SF
$1,605
Cap Rate
5.03%
NOI
$251,249
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
0.68 AC
Zoning
NG3
Parking
20 Spaces (6.43 Spaces per 1,000 SF Leased)
PROPERTY TAXES
Parcel Number | 1076-191-08 | Improvements Assessment | $479,021 |
Land Assessment | $798,366 | Total Assessment | $1,277,387 |
PROPERTY TAXES
Parcel Number
1076-191-08
Land Assessment
$798,366
Improvements Assessment
$479,021
Total Assessment
$1,277,387
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