1461 E Cooley DR Active Save Request In-Person Tour Request Virtual Tour
Colton,CA 92324
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 40,081 sqft
Price per Sqft $149
MLS Listing ID CV24084423
Year Built 1991
Lot Size 49299.441 Acres
Property Description
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.
Location
State CA
County San Bernardino
Area 273 - Colton
Zoning M-1
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Cooling Central Air
Laundry None
Exterior
Utilities Available Electricity Connected,Phone Available,Phone Connected,Sewer Available,Sewer Connected,Water Available,Water Connected
Building
Lot Description Corner Lot,Level
Story 2
Water Public
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard