Investment Highlights
Stabilized income(57% Government funded tenants) with Value-add opportunity!! Known as one of the brightest buildings in the city surrounded with LED lights. Mixture of units with and without roll up doors! 16 Security Cameras onsite. Well Maintained asset with great curb appeal and visibility! Parking is ample. 3.2 per 1000 parking ratio! Priced well below replacement cost! Strategically located at the intersection of the 10 and 215 freeways!
Executive Summary
EXECUTIVE SUMMARY Attention All Investors and Business Owners Stabilized income with Value-add opportunity!! 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 the I-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. Property Tour is available Contact Oliver for more information!
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