Historical Office Sale Listing - 904 W. 9 Th St

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904 W. 9 Th St

904 W. 9 Th St, Upland, CA 91786

N/A

5,000 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
5,000 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Vacant/Owner-User
Cap Rate:
8.34%
No. Stories:
1
Lot Size:
13,125 SF
Listing ID
13956234
Last Updated
over 1 year ago

Highlights

  • PRIME LOCATION

Description

A unique opportunity to buy an investment property in one of the most desirable cities in the fast growing Inland Empire area- City of Upland. Enjoy the tax benefit while the property appreciates in the first two years of the ownership. 2 years remaining on the lease agreement without option. Current rent is low, because the tenant is ?San Bernardino County?. Though the first 2 years of the ownership may result in a negative cash flow, but due to the negative cash flow on an investment property, the property owner can *offset other income up to $25,000 per year*. The new owner can enjoy the tax benefit from the negative cash flow. Subject property 10 years leverage IRR average at 11.62% * Please check with your tax adviser*

FREE STANDING OFFICE BUILDING AT THE PRIME LOCATION IN THE CITY OF UPLAND. CLOSE TO HWY 10, GOOD FOR BOTH INVESTORS AND OWNER USE. CURRENT RENT IS LOW, 2 YEARS REMAIN ON THE LEASE AGREEMENT WITHOUT OPTION. SUBJECT PROPERTY BETWEEN MOUNTAIN AVE AND SAN ANTONIO AVE.

Map of 904 W. 9 Th St, Upland, CA 91786 (San Bernardino County)

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Created 7/1/2004