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RealINSIGHT Marketplace and Cushman & Wakefield are pleased to present:

 Non-Performing Note Secured by a Grocery-Anchored Center - Maturity Default in March 2017

 High-traffic Stater Bros. with Excellent Sales - Stater Brothers grocery sales are reportedly well above industry averages at this location

 Over $19.2 of Outstanding Indebtedness - Unpaid Principal plus Accrued and Default interest

 Prestigious long-term pad and in-line tenants - Bank of America, Carl’s Jr. and Sally's Beauty

 High Barrier to Entry / Urban In-Fill - 7.8 acre site at the border of Los Angeles County and the Inland Empire

 Exceptionally Rare Offering - an offering of this quality and scale is virtually unseen in the market today

Prospective Investors are provided the opportunity to acquire this non-performing commercial mortgage loan with outstanding indebtedness exceeding $19.2 million (the “Note” or “Loan”) secured by an 89,000 square foot grocery anchored shopping center located in Rancho Cucamonga, California (the “Property” or “Center”).  The offering presents a rare opportunity to acquire a non-performing note secured by a high-performance, grocery-anchored center in an urban infill location.

The Property is anchored by popular grocery chain Stater Bros.(29% of NRA) as well as credit tenants Bank of America (10% of NRA), Carl’s Jr. (3% of NRA), and Sally Beauty Supply (3% of NRA).  Constructed in 1976 and comprised of six buildings on a 7.8-acre site, the Property is 77% leased with 20 tenants offering a diverse stream of in-place income and significant upside through a repositioning and leasing strategy.

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Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Non-performing Note secured by a retail property in Rancho Cucamonga, CA

Rancho Cucamonga, CA


Asset Snapshot

  • Asset Type
  • Note
  • Retail Type
  • Neighborhood Center
  • Anchor
  • Yes
  • Property Size
  • 88,879 Sq Ft
  • Land Area
  • 7.82 Acres
  • Year Built
  • 1976
  • Number of Floors
  • 1
  • Number of Buildings
  • 6
  • Parking Count
  • 374
  • Occupancy
  • 76.87%
  • Occupancy as of
  • Feb 15, 2018
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.