317 Tullock StRialto, CA 92376

Property Details for 317 Tullock St

Year built

2005

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.67 AC

Property size (Sq ft)

12,320 SF

Property type

Industrial properties

Property subtype

Other warehouses

APN

0254-031-10-0000

APU

254031100000

Description

This exceptional 13,255-square-foot industrial property in Rialto, CA, presents a compelling owner-user opportunity. Built in 2005 and renovated in 2021, this Class B building boasts a single-story design with a 22-foot ceiling height, perfect for distribution, manufacturing, or warehousing needs. The property features 13,255 square feet of net rentable space, one grade-level loading dock, and ample parking for 21 vehicles. Situated on a 0.67-acre lot within the Willow Industrial Park, this property benefits from a convenient location near the 10 freeway and Rialto Marketplace shopping mall. The building includes approximately 1,100 square feet of upgraded office space with laminate flooring, updated fixtures, and a kitchenette. A spacious warehouse area features new LED lighting, foil insulation, and upgraded plumbing. A mezzanine level offers an additional 1,129 square feet of open space with approved plans for further office expansion. The property is zoned IND (IP), allowing for various uses including contractor offices, warehousing, and distribution. The asking price is $3,925,000, representing a price per square foot of $581.40 and a 4.77% cap rate. The property offers a strong NOI of $186,400 and is suitable for a 1031 exchange. The property is fenced for security and features a drip irrigation system for landscaping. Low taxes and the absence of HOA fees further enhance its appeal. This well-maintained property offers a unique blend of functionality and convenience, making it an ideal investment for discerning buyers.

• Alternative Use

  Use

  Valuation

  Residential

  $3,289,309

  Hospitality

  $3,012,989

  Educational

  $2,506,772

  Medical

  $2,592,983

  Retail

  $3,899,422

Location Insight

City

Rialto

County

San Bernardino

State

California

Latitude

34.0761

Longitude

-117.375

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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