1461 Cooley DrColton, CA 92324

Property Details for 1461 Cooley Dr

Year built

1991

Lot size

1.29 AC

Property size (Sq ft)

40,119 SF

Property type

Office properties

Property subtype

Medical offices

Description

This exceptional investment opportunity in Colton, CA, presents a unique portfolio comprising two key assets. First, a premier, two-story, multi-tenant office building totaling 40,119 square feet, currently boasting 100% occupancy across 14 units. Built in 1991, this Class A building sits on a 2.06-acre lot and features a gross lease structure. The building's strong performance is reflected in its 7.76% in-place capitalization rate. Secondly, a separate 1.29-acre parcel is included, generating income from a cellular tower lease and providing approximately 100 parking spaces. This land parcel offers significant potential for future development. The combined properties are offered at $7,305,000, representing a compelling investment with a strong current income stream and future upside. The property is strategically located in the Cooley Ranch area of Colton, providing easy access to major interstates I-10, I-215, and I-15, placing it at the heart of the Inland Empire's thriving logistics sector. The land value is $23.67 per square foot. The combined APNs are 0276-144-55 and 0276-144-54. This turnkey investment is ideal for savvy investors seeking a stable, high-return asset in a rapidly growing market. The price per square foot for the building is $150.

Location Insight

City

Colton

County

San Bernardino

State

California

Latitude

34.0555

Longitude

-117.304

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