12598 Central Ave - Medical FOR SALE


Chino, CA 91710 | 
$4,599,000 USD
909-606-1505
12598 Central Ave, Chino, CA for Sale
$4,599,000 USD
Medical - FOR SALE
1/34
null | 6% Cap Rate

12598 Central Ave
Chino, CA 91710


HIGHLIGHTS

  • Prime Central Avenue Location Near CA-60 Freeway
  • 19-Unit Multi-Tenant Garden Office Building
  • Value add opportunity through the addition of pass-throughs by buyer
  • Easy to Manage - Low Landlord responsibility unlike other office assets
  • Professional Tenants
  • 6% cap rate

OVERVIEW

Multi-Tenant Garden Office with Low Landlord Responsibility. Prime Central Avenue office building located within the El Central Plaza with prominent access from Central Avenue near the CA-60. freeway. Income Asset the property offers 19 units generating strong rental income with well-structured leases for each Tenant including rent escalations. Easy to Lease - the office sizes range from 400 to 2,000 s.f. ideal for any big or small business, most offices have water access and restrooms inside the units, high parking ratio and zoning helps to accommodate a wide variety of Tenant uses. Plus there is elevator to access the second floor - making it just as convenient to rent out. Easy to Manage all Tenants maintain their suites, and most common areas are maintained by the association including trash and parking lot upkeep. Well-structured and easy to follow leases also help reduce management burden. Contact us for a tour.

FOR SALE DETAILS

PRICE

$4,599,000 USD

PRICE/SF

$96 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

El Central Real Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

CG

APN/PARCEL ID

1015-361-16,1015-361-19,1015-361-20,1015-361-21,1015-361-23,1015-361-24,1015-361-25,1015-361-26,1015-361-27,1015-361-28,1015-361-46,1015-361-47

ASK ABOUT THIS PROPERTY

Kavita Kaur BhatiaKavita Kaur BhatiaMore Info
909-606-1505

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Kavita Kaur BhatiaKavita Kaur BhatiaMore Info
909-606-1505

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.