This property is Off-Market
904 W. 9 Th St
Upland, CA 91786 ·
5,000 SF · Office For Sale
904 W. 9 Th St
|Price||N/A||Property Use Type||Vacant/Owner-User|
|Building Size||5,000 SF||Cap Rate||8.34%|
|Property Type||Office||No. Stories||1|
|Property Sub-type||Office Building||Lot Size||13,125 SF|
|Listing ID: 13956234||Date Created: 07/01/2004||Last Updated: 01/12/2005|
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.
- PRIME LOCATION
Not exactly what you're looking for? Start a new custom search to find the perfect property
The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.