Two Unit - Industrial/Automotive Leased Investment

1675-B & 1687-B W. Arrow Route Upland, CA 91786

1675-B & 1687-B W. Arrow Route , Upland, CA, 91786
Arrow Route Business Plaza
1675-B & 1687-B W. Arrow Route , Upland, CA, 91786
FOR SALE
Property Type:
Factory
Amount:
$1,185,000
Last Verified:
May 25, 2021

Highlights

  • Excel

Description

This is a unique opportunity to purchase two high image industrial condo's currently leased to stable long term automotive tenants. Both units 2,644 & 2,617 sq. ft. units are located near the front of the Arrow Route Business Plaza. Each unit features a ground level roll up door (10' tall x 12' wide), and three passage doors. New roof in 2018 and professionally managed association with strong reserves. Contact the agent today for more details.

Located in the City of Upland in the prime Inland Empire West submarket, one of the most sought after warehouse and distribution markets in the U.S. with the lowest vacancy rates and highest rental rates in San Bernardino & Riverside Counties. Boasting a 2.2% vacancy rate and a 5% year over year asking rent increase. Quick and easy access to the 10 Freeway and surround by a dense housing stock with a strong demographics.


Year Built: 1980
Building Size: 5261sq ft
Lot Size: 0.11 acres

Map of 1675-B & 1687-B W. Arrow Route , Upland, CA, 91786

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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."

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