10807 Laurel StRancho Cucamonga, CA 91730

Property Details for 10807 Laurel St

Year built

1987

Property size (Sq ft)

22,272 SF

Property type

Healthcare properties

Property subtype

Other office properties

Description

This exceptional two-story, 22,272 square foot medical office building, located at 10807 Laurel St, Rancho Cucamonga, CA 91730, presents a compelling investment opportunity. Built in 1987 and fully renovated in 2020, the property boasts a Class C designation and features modern amenities including keypad-secured entrances and ample parking. Currently operating at 85% occupancy with a modified lease structure, the building offers multi-tenant flexibility. The asking price is $7,200,000, representing a price per square foot of $323.28, with a current cap rate of 2.25% and a pro-forma cap rate of 2.50%. The property's strong pro-forma NOI is $180,000, and the projected full occupancy date is November 8, 2024. Situated in San Bernardino County, this strategically located asset benefits from proximity to major freeways (10, 15, and 210), Ontario Airport, and public transportation, ensuring convenient access for both tenants and clients. The property's location also offers proximity to popular retail and dining destinations, enhancing its appeal. Two available suites, ranging from approximately 2,110 to 2,317 square feet, are ideal for medical or professional office use. Seller financing options are available for qualified buyers. The property is zoned C and has a private ownership structure. This is a stabilized investment, perfect for owner-users seeking a high-demand asset in a thriving Southern California market.

Location Insight

City

Rancho Cucamonga

County

San Bernardino

State

California

Latitude

34.1047

Longitude

-117.569

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