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Local Investor And Medical Group Partnership Purchases Stewart Plaza Office Building In Upland For $9M
SOLD
$9,000,000
+ 1
California
See Similar DealsOffice46,527 SF
Sold 10/27/2025
SOLD
Local Investor And Medical Group Partnership Purchases Stewart Plaza Office Building In Upland For $9M
440 North Mountain Avenue
See Similar DealsOffice46,527 SF
Sold 10/27/2025
+ 1
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$193
Total Square Footage:46,527 SF
Transaction Type:Sale
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$480,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$31,975.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,664.59
Annual Debt Service$511,975.10
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