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$5,975,000
Est. payment /mo
40,081 SqFt
Active
1461 E Cooley DR Colton, CA 92324
UPDATED:
09/30/2024 11:27 PM
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
HOA Y/N No
Year Built 1991
Lot Size 49299.441 Acres
Acres 89734.0
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.
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
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Present Use Commercial,Improved,Investment,Parking Lot
Building
Lot Description Corner Lot, Level
Story 2
Water Public
Others
Tax ID 0276144550000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Sangaroon Yangchana • MGR REAL ESTATE, INC. • 714-273-0208