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Plaza at Cooley Ranch in Colton, CA presents an exceptional investment opportunity. This property includes a fully leased two-story, multi-tenant office building (APN: 0276-144-55) offering 40,081 sq. ft. of rentable space with a solid 7.53% in place CAP Rate and 8.03% proforma CAP Rate, with a sale price of $5,975,000. Additionally, there is an adjacent 1.29-acre parcel (APN: 0276-144-54) that not only provides income from a cell tower, 100+/- parking spaces for additional monthly fees, but also offers enticing development prospects; with an additional sale price of $1,330,000. Take advantage of this turnkey investment opportunity with a total portfolio price of $7,305,000. Situated in the heart of the thriving Inland Empire logistics hub, the Plaza at Cooley Ranch enjoys a strategic location close to major transportation routes such as I-10, I-215, and I-15 freeways. With 100% occupancy, this property promises immediate returns and growth potential in a high-demand market. Don't miss this incredible chance to own a stable income-producing asset in a prime Colton commercial real estate market.
Last Updated | 4/27/2024 | Year Built | 1991 |
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Community | Colton | County | San Bernardino |
Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
AREA | Colton |
BUYER'S BROKERAGE COMPENSATION | 1.750 % |
LOT | 89734 acre(s) |
LOT DESCRIPTION | Corner Lot, Level |
STORIES | 2 |
UTILITIES | Electricity Connected,Phone Available,Phone Connected,Sewer Available,Sewer Connected,Water Available,Water Connected, Electric: Photovoltaics Seller Owned |
WATER | Public |
ZONING | M-1 |
Location
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