Local Investor And Medical Group Partnership Purchases Stewart Plaza Office Building In Upland For $9M
440 North Mountain Avenue
$9,000,000
$193/SF
Building Size
46,527 SF
Asset Type
Office
Closing
Oct 27, 2025
AI
Stewart Plaza, a Class A office building, located at 440 North Mountain Avenue in Upland, was sold for $9,000,000. The property measures 46,527 square feet and has a price per square foot of $193.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $9,000,000
- Address: 440 North Mountain Avenue
- Market: Upland
- Square Footage: 46,527
- Price Per Square Foot: $193
- Seller: Stewart Plaza Owner LLC
- Brokers: Sammy Cemo, Austin Reuland, Anthony DeLorenzo & Bryan Johnson - CBRE
A local investor and medical group partnership acquired the property from Stewart Plaza Owner LLC. CBRE facilitated the transaction, representing the seller through their team of brokers.
Players
Upland Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93