Cooley Business Center FOR SALE


Colton, CA - Cooley Ranch
$8,900,000 USD
626-650-5666
, Colton, CA for Sale
$8,900,000 USD
FOR SALE
1/10
null | 5.72% Cap Rate

Cooley Business Center
Colton, CA
Cooley Ranch


HIGHLIGHTS

  • Well Maintained asset with great curb appeal and visibility! 16 Security Cameras onsite.
  • Known as one of the brightest buildings in the city surrounded with LED lights. Parking is ample. 3.2 per 1000 parking ratio!
  • 100% Occupied. Stable rent income with over 57% Government funded tenants!
  • Mixture of units with and without roll up doors!
  • Priced well below replacement cost!
  • Strategically located at the intersection of the 10 and 215 freeways!

OVERVIEW

Price to sell!! Re/Max Commercial division of Re/Max Premier Properties is proud to present the opportunity to acquire this 100% leased multi-tenant with 18units Cooley Business Park. Which is located at 930 Mt.Vernon and 937 S Via Lata, Colton, CA(the“Property”). The business center is located with immediate freeway access to theI-215 and I-10 freeways. Cooley Business Park is a preferred location for tenants and their employees for its convenient access, extensive retail amenities, established labor pool, and excellent housing options for both executives and their employees.With a current occupancy rate of 100%and in-place rents that are under-market, the Property offers an investor the opportunity to enhance value through capitalizing on future rent growth as tenant leases expire. Priced at just $148/SF, the property significantly falls below replacement cost. Stable rent income with over 57% Government funded tenants! 16 Security Cameras onsite. Youtube Drone Video:https://youtu.be/magKrAZk-ck?si=8V6Wdfafu6A9U3nf

ASK ABOUT THIS PROPERTY

Oliver WangRE/MAX Premier PropertiesMore Info
626-650-5666

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Oliver WangRE/MAX Premier PropertiesMore Info
626-650-5666

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.