Price Reduction | Owner User | Bldg C 3190 Shelby St

NNN Retail Group is pleased to present the exclusive listing for an owner-user office building located in Ontario, California. The office building is a 3,724-square foot free standing property. The office is comprised of 2 bathrooms, 5 offices, a kitchen, a conference room and a copier room. The subject property was built in 2006, and has had the same tenant since the property was built. The tenant’s lease expires on 12/31/2024 and the tenant has informed the landlord that they intend to leave when the lease expires. The tenant has also stated that they would leave early if a buyer or tenant were to come to an agreement with the landlord. This asset allows an owner/user to acquire a property for their business or an investor to find a tenant for the space. The Seller would also consider seller financing depending on the strength of the Buyer. There is also a value add opportunity through the construction of a second story for the property which would increase the square footage of the building. Two of the other office buildings in the complex have built a second story.
Ontario is located 35 miles east of downtown Los Angeles. Located in the western part of the Inland Empire region, the city of Ontario is the county's fourth most populous city. The city is home to the Ontario International Airport, which is the 15th busiest airport in the United States by cargo carried. With more than 100 million square feet of industrial manufacturing and distribution space, Ontario is the hub of industry in the Inland Empire.
Purchasing an office building as an owner-user offers numerous advantages that can contribute to long-term business success and financial stability. Owning your office space allows for greater control over operational costs, locking in mortgage payments for predictability and often lower expenses compared to fluctuating rent. Ownership also brings substantial tax benefits, including deductions on mortgage interest and property taxes, as well as the ability to depreciate the building. With ownership, you gain complete control over the space, allowing for customizations and renovations that perfectly suit your business needs without landlord restrictions. Investing in an office building is more than just a real estate transaction; it’s a strategic move that provides stability, flexibility, and growth opportunities for your business's future.
Owner-users can capitalize on the opportunity to purchase a well-located and excellently maintained building in the booming city of Ontario California.