18772 ValleyBloomington, CA 92316
San Bernardino County
Description
Taco Bell absolute NNN ground lease opportunity located at 18772 Valley Blvd in Bloomington, California. The property benefits from a highly accessible setting off I-10 near Cedar Avenue, placing it in close proximity to steady regional traffic and a strong concentration of surrounding businesses. This is a hands-off, long-term investment supported by a stable nationwide corporate Taco Bell tenant that has operated at the site since 1998. The ground lease term extends through May 2039, featuring 10% rent increases every five years to provide durable income growth potential. Next 10% increase scheduled for May 2029. Taco Bell has further demonstrated its commitment to the location with an approximately $1.5 million investment to fully remodel the premises in 2019. Bloomington’s broader commercial and logistics demand is supported by major employers and operators in the region, including Amazon, Staples, Union Pacific Rail, Old Dominion Freight Company and Kaiser Permanente.
Property Information
- Property type
- Commercial Sale
- Sub-type
- Retail
- Year built
- 1999
- Stories
- 1
- Building area
- 2,584 Sq Ft
- Lot size
- 0.77 acres
- Lot dimensions
- 33541
- Parking spaces
- 33
- Days on market
- 51
- MLS® Listing#
- WS26181797
Property Features
- Laundry
- None
- Water source
- Public
- Parcel number
- 0253072350000
Directions
10 Freeway to Cedar Ave South, right on Valley Blvd.
Listing Courtesy: FLOW PROPERTIES - 626-377-7007
Presented by: ADAM KAWASAWA
Licensed in the state of California.
