Upland, California, offers a diverse range of shopping centers for sale, providing investors with a unique opportunity to tap into the city's growing economy. As a strategic location on the border with Los Angeles County, Upland's shopping centers benefit from the city's rich history, diverse population, and strong infrastructure. Shopping centers in Upland can represent a variety of investments, from retail spaces to mixed-use developments, offering a range of possibilities for investors. With its semi-arid climate and average annual rainfall of 24.5 inches, Upland's shopping centers can cater to a wide range of businesses, from outdoor recreation to indoor retail. The city's proximity to major transportation routes, including Foothill Boulevard and the Atchison, Topeka and Santa Fe Railroad tracks, makes it an attractive location for businesses that rely on logistics and transportation. Additionally, Upland's strong education system, including the Upland Unified School District, and its diverse range of industries, including agriculture, healthcare, and manufacturing, create a solid foundation for businesses to thrive.
With 3 shopping centers for sale in Upland, investors have a range of options to choose from. Upland's shopping centers offer an average price per square foot of $472 USD and an average size of 20,693 square feet, with the largest property spanning 46,527 square feet. The city's shopping centers also boast an average cap rate of 4.5%. In addition to shopping centers, Upland offers a range of other property types, including restaurants, specialty properties, land, and office properties. Restaurants in Upland can take advantage of the city's strong tourism industry, driven by attractions like the Madonna of the Trail statue and the Upland Lemon Festival. Specialty properties, such as the Upland Fire Department Museum and the Cooper Regional History Museum, offer unique opportunities for businesses that cater to the city's cultural and historical heritage. Land in Upland can be used for a variety of purposes, from agriculture to development, while office properties can tap into the city's strong industries, including healthcare and manufacturing. The diversity of Upland's property types and strong economy make it an attractive location for investors.
What is the average cap rate for shopping centers in Upland?
The average cap rate for shopping centers in Upland is 4.5%, making it an attractive investment opportunity for those looking to capitalize on the city's growing economy and diverse population of around 80,000 residents.
