Price Reduction | Owner/User | Building C 3190 Shelby St

NNN Retail Group is pleased to present the exclusive listing for an owner/user office building in Ontario, California. The office building is a 3,724-square-foot freestanding property. The office comprises two bathrooms, five offices, a kitchen, a conference room, and a copier room.

The subject property was built in 2006 and has had the same tenant since the property was built. The tenant's lease expires on 12/31/2024, and the tenant has informed the landlord that they intend to leave when the lease expires. The tenant also stated they would leave early if a buyer or tenant agreed with the landlord. This asset allows an owner/user to acquire a property for their business or an investor to find a tenant for the space. The Seller would also consider seller financing depending on the strength of the Buyer. There is also a value-add opportunity through constructing a second story for the property, which would increase the square footage of the building. Two other office buildings in the complex have built a second story.

Ontario is 35 miles east of downtown Los Angeles. Located in the western part of the Inland Empire region, it is the county's fourth-most populous city. The city is home to the Ontario International Airport, the 15th busiest airport in the United States by cargo carried. With more than 100 million square feet of industrial manufacturing and distribution space, Ontario is the hub of industry in the Inland Empire.

Purchasing an office building as an owner/user offers numerous advantages that can contribute to long-term business success and financial stability. Owning your office space allows for greater control over operational costs, locking in mortgage payments for predictability and often lower expenses than fluctuating rent. Ownership also brings substantial tax benefits, including deductions on mortgage interest and property taxes and the ability to depreciate the building. With ownership, you gain complete control over the space, allowing for customizations and renovations that suit your business needs without landlord restrictions. Investing in an office building is more than just a real estate transaction; it's a strategic move that provides stability, flexibility, and growth opportunities for your business's future.

Owner/users can capitalize on the opportunity to purchase a well-located and excellently maintained building in the booming city of Ontario, California.