Active

1461 E Cooley Drive

Colton CA, 92324

$5,975,000


$149.07 per sqft

Active

40,081 sqft

Commercial

Built in 1991

Listed by Sangaroon Yangchana with MGR REAL ESTATE, INC. 909-981-4466

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.

CV24084423

MLS ID

April 27, 2024

Listed

July 14, 2024

Updated

Map

1461 E Cooley Drive
Colton CA, 92324

Interior Features

Total Stories

2


Laundry Description

None


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Features

Corner Lot, Level

Other Property Details

Area Name

273 - Colton


Garage

No


Parking Total

0


View

No


County

San Bernardino


Water Source

Public


Pool

No


Zoning

M-1


Buyer Agency Compensation

1.75%

Listing Contact: 909-981-4466 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 7/14/2024 at 6:35 AM UTC

 

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