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Cooley Plaza 1461 E Cooley Dr

40,081 SF 100% Leased Office Building Colton, CA 92324 $5,975,000 ($149/SF) 7.53% Cap Rate

Investment Highlights

  • Located in the Cooley Ranch area, near the I-10, I-215 and I-15 Freeways and center of growing Inland Empire logistic hub.

Executive Summary

Plaza at Cooley Ranch in Colton, CA presents an exceptional investment opportunity. This property includes a fully leased two-story, multi-tenant office building offering 40,081 sq. ft. of rentable space on 2.06 acre (APN: 0276-144-55) with a solid 7.59% in place CAP Rate and 8.03% proforma; $5,975,000 sale price; $149/SF. 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.
This property is available with 1.29-acre parcel (APN: 0276-144-54) that not only provides income from a cell tower but also offers enticing development prospects. Take advantage of this turnkey investment opportunity with a total price of $7,305,000.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
40,081 SF
Building Class
B
Year Built
1991
Price
$5,975,000
Price Per SF
$149
Cap Rate
7.53%
NOI
$450,053
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
20,041 SF
Slab To Slab
10’
Building FAR
0.45
Lot Size
2.06 AC
Zoning
C-2, Colton - commercial zone that allows for a variety of retail and commercial uses
Parking
160 Spaces (3.99 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0276-144-55
Land Assessment
$892,415
Improvements Assessment
$3,848,541
Total Assessment
$4,740,956
  • Listing ID: 31607697

  • Date on Market: 4/25/2024

  • Last Updated:

  • Address: 1461 E Cooley Dr, Colton, CA 92324

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