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1461 E Cooley Dr
For Sale $5,975,000
$5,975,000
- Units
- Unknown Sq Ft
- 89,734 Sq Ft
- Unknown Cap Rate
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $5,975,000 |
| Property Type | Office |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1991 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 0276144550000 |
| MLS # | CV24084423 |
| Property ID | 320440591 |
| Lot Sqft | 89,734 |
| Zoning | M-1 |
| Days on Market | 181 |
| Original List Price | $5,975,000 |
| Date Updated | September 30, 2024 |
| Date Created | April 24, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Sangaroon Yangchana an agent of MGR REAL ESTATE, INC.. Lic #01518762
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 30, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT