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Bldg 3 9421 Haven Ave

20,660 SF 100% Leased Office Building Rancho Cucamonga, CA 91730 For Sale

Investment Highlights

  • GREAT OWNER-USER OFFICE OFFERING WITHIN PALMAE BUSINESS CENTER

Executive Summary

GREAT OWNER-USER OFFICE OFFERING WITHIN PALMAE BUSINESS CENTER
* ATTRACTIVE OWNER-USER OPPORTUNITY | Rare opportunity for an owner-user to acquire a high-image, 20,660 sq. ft. office building in the best office market in the United States. The property sits within the Palmae Business Center off Haven Ave in Rancho Cucamonga, minutes away from some of the city’s best amenities.

* CONTEMPORARY OFFICE SPACE | The 2-story office building is ideally situated for a single occupant, with well-designed floorplans, modern finishes, incredible natural light, and ample parking with good walkup building access.

* CLEAN BUSINESS PARK ENVIRONMENT | The property sits within the Palmae Business Center, a well-manicured, 4 building business park off Haven Avenue. The business park provides a clean, pretty and easy to navigate environment that is ideal for corporate users.
NATION’S LEADING OFFICE MARKET FUNDAMENTALS
* LOWEST OFFICE VACANCY IN U.S. | The Inland Empire boasts a vacancy rate of 8.81% (Q1 2024) and has held the lowest U.S. office vacancy rate for five straight quarters. Rancho Cucamonga has been one of the best performing larger submarkets in the IE with a Q1 vacancy rate of 8.55%.

* THRIVING ECONOMIC ACTIVITY | The Inland Empire, a region whose $213-billion economy is equal to that of the state of Utah, has been Southern California’s best-growth market for several straight years, averaging 5.2% each year, per the Federal Reserve. Additionally, the Inland Empire has quickly become one of the nation’s largest job markets as it currently has 5% more jobs today than it had prior to the pandemic.

* NO NEW OFFICE CONSTRUCTION | The Inland Empire West has nothing in the pipeline or planned for new office construction, creating even more value in the existing properties in the market.
EXCEPTIONAL PROFESSIONAL OFFICE LOCATION AND AMENITIES
* DESIRABLE OFFICE LOCATION | Located off Haven Avenue in Rancho Cucamonga, the property benefits from being on one of Rancho’s most desirable thoroughfares with immediate access to Interstate 10 Freeway, a variety of residential and retail amenities, and being a short distance to Ontario International Airport.

* RETAIL DESTINATIONS | The property has numerous retail amenities nearby including the newly built Collection retail center, Ontario Mills Mall, Haven City Market, and Victoria Gardens to name a few.

* INCREDIBLE SOCAL DEMOGRAPHICS | The property has a 5-mile population base of 312,107 people containing an average annual household income of $118,522.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
20,660 SF
Building Class
B
Year Built
2006
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
10,330 SF
Slab to Slab
11 ft
Building FAR
0.39
Lot Size
1.21 AC
Zoning
ME2 - ME2 Mixed Employment 2 Zone. See https://library.qcode.us/lib/rancho_cucamonga_ca/pub/municipal_code/item/title_17-article_viii-chapter_17_136-17_136

Amenities

  • Atrium
  • Controlled Access
  • Courtyard
  • Accent Lighting
  • Natural Light
  • Outdoor Seating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0210-081-29
Land Assessment
£1,182,182
Improvements Assessment
£2,758,423
Total Assessment
£3,940,605
  • Listing ID: 32409513

  • Date on Market: 10/07/2024

  • Last Updated:

  • Address: 9421 Haven Ave, Rancho Cucamonga, CA 91730

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