9177 Center AveRancho Cucamonga, CA 91730
- Industrial properties
- 83,520 SF
Property Details for 9177 Center Ave
- Year built
- 1969
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.49 AC
- Property size (Sq ft)
- 83,520 SF
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 0209-262-23-0000
- APU
- 209262230000
Description
This exceptional investment opportunity presents a 83,520-square-foot single-tenant industrial building situated on a 4.76-acre lot in Rancho Cucamonga, California. The property, built in 1974 and renovated in 2022, boasts a Class B rating and features 11 loading docks, 11 dock-high doors, and a 21-foot ceiling height. Currently 100% occupied under a modified lease with a single tenant since June 1, 2022, the lease extends until June 29, 2027, providing a remaining lease term of approximately three years. The lease includes a favorable 4% annual rent increase. The property generates a substantial net operating income (NOI) of $1,180,000. Conveniently located at 9177 Center Ave, Rancho Cucamonga, CA 91730, this property offers easy access to major freeways including I-10, I-15, I-210, CA-60, and I-215, and is near Ontario International Airport. The property is zoned NI and includes 110 parking spaces. This stabilized, core-plus investment presents a compelling opportunity for investors seeking strong cash flow and potential appreciation in a prime Inland Empire West location. The property's features, tenant history, and location combine to create a highly desirable investment asset. This is a 1031 exchange eligible property.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $22,298,950
- Hospitality
- $20,425,718
- Educational
- $16,993,958
- Medical
- $17,578,406
- Retail
- $26,435,046
Location Insight
- City
- Rancho Cucamonga
- County
- San Bernardino
- State
- California
- Latitude
- 34.0863
- Longitude
- -117.579
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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