Cooley Business Center
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Cooley Business Center
2 Properties Offered at $8,900,000 in Colton, CA
Investment Highlights
- Well Maintained asset with great curb appeal and visibility! 16 Security Cameras onsite.
- 100% Occupied. Stable rent income with over 57% Government funded tenants!
- Priced well below replacement cost!
- Known as one of the brightest buildings in the city surrounded with LED lights. Parking is ample. 3.2 per 1000 parking ratio!
- Mixture of units with and without roll up doors!
- Strategically located at the intersection of the 10 and 215 freeways!
Executive Summary
Price Deduction for $2M. And price to sell!! Re/Max Commercial division of 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 theI-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. Youtube Drone video link: https://youtu.be/magKrAZk-ck?si=8V6Wdfafu6A9U3nf.
OM will be available shortly.
OM will be available shortly.
Taxes & Operating Expenses (Actual - 2025) |
Annual |
|---|---|
| Gross Rental Income |
$732,576
|
| Other Income |
$5,500
|
| Vacancy Loss |
$5,500
|
| Effective Gross Income |
$732,576
|
| Taxes |
$111,250
|
| Operating Expenses |
$112,015
|
| Total Expenses |
$223,265
|
| Net Operating Income |
$509,311
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $732,576 |
| Other Income | |
|---|---|
| Annual | $5,500 |
| Vacancy Loss | |
|---|---|
| Annual | $5,500 |
| Effective Gross Income | |
|---|---|
| Annual | $732,576 |
| Taxes | |
|---|---|
| Annual | $111,250 |
| Operating Expenses | |
|---|---|
| Annual | $112,015 |
| Total Expenses | |
|---|---|
| Annual | $223,265 |
| Net Operating Income | |
|---|---|
| Annual | $509,311 |
Property Facts
| Price | $8,900,000 | Status | Active |
| Price / SF | $148.04 / SF | Number of Properties | 2 |
| Sale Conditions | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 5.72% | Total Building Size | 60,119 SF |
| Sale Type | Investment or Owner User | Total Land Area | 4.34 AC |
| Price | $8,900,000 |
| Price / SF | $148.04 / SF |
| Sale Conditions | 1031 Exchange |
| Cap Rate | 5.72% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 60,119 SF |
| Total Land Area | 4.34 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 937 S Via Lata, Colton, CA 92324 | Flex | 23,772 SF | 1984 | - |
| 930 S Mount Vernon Ave, Colton, CA 92324 | Industrial | 36,347 SF | 1985 | - |
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RE/MAX Premier Properties
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Cooley Business Center
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