938 E. Belmont Street

938 E. Belmont Street Ontario, CA 91761

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FOR SALE Incentives
Property Type:
Warehouse
Amount:
$5,200,000
Last Verified:
Apr 30, 2017

Highlights

  • Southpark Industrial Building #5
  • Large Yard (1.89 Acre Parcel)
  • +38,944 Sq. Ft. Warehouse
  • +1,600 Sq. Ft. of Office Space
  • 800 Amps of Power, 480/227 Volts
  • 4 Loading Docks / 2 Ground Level Loading Doors
  • Parking Ratio: 2.1:1/Spaces 80
  • Fire Sprinklers
  • 24 Foot Warehouse Clearance Height
  • Built in 1992
  • APN: 1049-431-14

Description

Leased to Master Cutlery
12 Years Remaining on Lease
3% Annual Increase in Base Rent
$133/PSF

Leased Investment

Building Size: 38944.0sq ft
Lot Size: 0.0 acres

Map of 938 E. Belmont Street, Ontario, CA, 91761

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.