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30942559
30942560

291 W H St, Colton, CA 92324 For Sale

KL
01511997
NNN & Retail Group
Listed by NNN & Retail Group
$1,695,888
127 days on market
Updated 12 days ago
Opportunity zone

Seller Financing 3% Interest | Owner User Industrial

Details
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 7,788
Units 4
Occupancy 50%
Price per SqFt $218
Year Built 2006
Buildings 2
Stories 1
Acreage 0.470
Investment Type Owner/User
Ground Lease No
Ownership Fee Simple

Seller Financing Asset

Marketing description

NNN Retail Group is pleased to present a rare opportunity to acquire a freestanding industrial/automotive building in Colton, CA. Located at 291 West H Street, this 7,762 SF building sits on a 0.47 acre lot. Built in 2006, the property is currently 50% occupied, providing flexibility for an owner-user or investor to reposition the asset to meet market demand. The property is comprised of two buildings with a total of thirteen roll-up doors. There are four separate units that are separately metered with their own bathrooms and some office space in each of the units. The Seller is also willing to finance a sale, subject to the Buyer's financials, at a significantly lower than market rate of 3% for a 10 year term and amortized over 20 years.

Strategically situated in the Inland Empire, one of the nation’s most active industrial markets. The Inland Empire continues to rank as one of the nation’s most desirable industrial markets, benefiting from exceptional transportation infrastructure and high tenant demand. The property benefits from excellent accessibility to major transportation corridors, including the I-10, I-215, and I-15 freeways. The immediate trade area continues to demonstrate strong demand for light industrial and automotive-related uses, supported by a robust labor pool and a population of more than 319,000 residents within five miles.

Investment highlights

  • Seller Financing | 3% Interest Rate, 10 Year Term, 20 Year Amortization
  • 4 Units That Are Separately Metered With Their Own Bathroom
  • 2006 Construction
  • Strategic Location | Excellent Access to I-10, I-215, and I-15 Freeways
  • Flexible Industrial Use | Ideal for Automotive or Light Industrial Use
  • Strong Market Fundamentals | Located in the Inland Empire, One of the Strongest Industrial Hubs in the U.S.
  • Robust Demographics | Over 319,000 Residents Within Five Miles, Median Household Incomes Exceeding $43,000

Listing Contacts

KL
01511997
NNN & Retail Group
Listed by NNN & Retail Group

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