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510 S Magnolia Avenue, Ontario 510 S Magnolia Ave

63,206 SF Industrial Building Ontario, CA 91761 $22,090,497 ($350/SF)

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Investment Highlights

Freestanding 63,206 square foot building
5 Dock High Doors
Located Within an Opportunity Zone

32' Minimum Clear Height
Gated, Secured Truck Court

Executive Summary

A freestanding 63,206 sqft building on 2.62 acres. Built in 2018. State-of-the-art warehouse. Very well maintained. 32 foot minimum clear height. 5 dock high and 1 ground level door. ESFR sprinklers. Gated truck court. Available for occupancy the first quarter of 2025. Located within a federally designated opportunity zone - potential tax saving for a 1031 Exchange buyer.

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Property Facts

Price	$22,090,497	No. Stories	2
Price Per SF	$350	Year Built	2018
Sale Type	Owner User	Tenancy	Single
Property Type	Industrial	Parking Ratio	0.72/1,000 SF
Property Subtype	Warehouse	Clear Ceiling Height	32 FT
Building Class	B	No. Dock-High Doors/Loading	5
Lot Size	2.62 AC	No. Drive In / Grade-Level Doors	1
Rentable Building Area	63,206 SF	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$22,090,497
Price Per SF	$350
Sale Type	Owner User
Property Type	Industrial
Property Subtype	Warehouse
Building Class	B
Lot Size	2.62 AC
Rentable Building Area	63,206 SF
No. Stories	2
Year Built	2018
Tenancy	Single
Parking Ratio	0.72/1,000 SF
Clear Ceiling Height	32 FT
No. Dock-High Doors/Loading	5
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.