FOR SALE ±5,223 RENTABLE SQUARE FOOT LEASED INVESTMENT HAVEN POINTE 9220 HAVEN AVENUE RANCHO CUCAMONGA, CA
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1 FOR SALE ±5,223 RENTABLE SQUARE FOOT LEASED INVESTMENT HAVEN POINTE 9220 HAVEN AVENUE RANCHO CUCAMONGA, CA
2 CBRE s Inland Empire Office Group is pleased to offer a fully leased professional/medical office condo portfolio ( the Property ) for purchase. The property is in Rancho Cucamonga on the highly visible Haven corridor. The area has a strong mix of professional and medical occupants, major retail centers and several multi-family developments providing a robust market place for medical providers. The property is centrally located between the I-10, 210 and I-15 freeways and is just 5 miles away from San Antonio Community Hospital. OFFERING INFORMATION PRICE $2,063,085 SIZE ±5,223 RSF UNITS 4 Suite 100 ±943 RSF Suite 101/102 ±2,832 RSF (Includes ±375 RSF of Common Area) Suite 103 ±1,448 RSF PROFORMA NOI $98,899 PRICE/SF $395
3 INVESTMENT HIGHLIGHTS» 100% leased mixed general/medical office portfolio; Suites 100 & 103 can be sold separately; Suites 101/102 are combined under one lease» Leases with approximately 2.5 years remaining» Market rate annual increases» Strategic location on Haven Avenue at 6th Street, a regional corridor, with access from both Haven Avenue and 6th Street» Exceptional Demographics» Steel Frame Building Construction, dual elevators, upgraded common area finishes» Growing Medical Submarket» Established office market» Delivered Free and Clear of Existing Debt» Recession Resistant Property Category» Desirable Medical Office Building with Strong Tenant Mix
4 VICTORIA GARDENS MALL ONTARIO MILLS SAM S CLUB CITIZENS BUSINESS BANK ARENA 4TH STREET STARBUCKS ONTARIO INTERNATIONAL AIRPORT 6TH STREET HAVEN AVENUE RANCHO CUCAMONGA CIVIC CENTER& SAN BERNARDINO COUNTY COURTS
5 FIRST FLOOR PLAN Suite 100 Office 1 Office 2 Suite 103 Open Office Lobby Reception Office 3 Office 4 Office 5
6 SUITE 100 ±943 RSF» Floor-to-ceiling glass with double-door entry off main lobby» Secondary entrance off building corridor» Glass Conference room» Wood floor finishes throughout Suite 100 is located off the main lobby with floor-to-ceiling front glass wall, gleaming hard surface flooring, a large conference room, one (1) private office and large reception/ open work area. A short-term lease to a general office tenant provides excellent "upside potential: to convert to medical use or a longer term general office tenant. Ideal location for endodontist, optometry/opthalmology, pharmacy or medical specialty consulting office.
7 SUITE 101/102 ±2,832 RSF (Includes ±375 RSF of Common) Area» Large end-cap medical suite consisting of two (2) condo units plus leased common area» Large patient lobby with built-in reception desk» Private restroom» Six (6) exam rooms with plumbing» Large corner physician office» Lab» Anaphylaxis/Shot room» Large break room with plumbing» Newly built-out interior finishes in 2016 Suite 101 & 102 are leased as one unit through 2021 to an allergy and asthma specialty practice. This medical suite was converted from general office in 2016 and features new modern finishes, a large patient lobby, six (6) exam rooms, private restroom, large break room, lab, data room, physician office and specialized 'shot room". This suite covers the north end of the building with window-line on the north, east and west sides allowing for great views and ample natural light.
8 SUITE 103 ±1,448 RSF» Floor-to-ceiling glass entry with double doors off elevator lobby» Excellent views of lush landscaping» Prime ground floor location» Five (5) private offices» Open area» Refurbished in 201 Suite 103 is located on the Haven corridor side of the building off the elevator lobby and features floor-to-ceiling glass entryway. Refurbished in 2016, this suite has five (5) private offices, lobby and an open work space. Established tenant since 2011, with history of renewal, this general office user has synergistic relationships with other general office users in the building, however, there is "upside potential" to convert to medical in the future.
9 DRIVE TIMES Distance (miles) San Antonio Community Hospital ±5 Kindred Hospital Rancho ±2.2 Pomona Valley Hospital ±12 Arrowhead Regional Medical Center ±15 Corona Regional Medical Center ±17 Riverside Community Hospital ±20 Loma Linda University Medical Center ±21
10 REAL ESTATE PURCHASE CURRENT MARKET LOAN TERMS 75% LOAN TO VALUE 4.5% INTEREST RATE (APPROXIMATE) 25 YEAR AMMORTIZATION JOHN OIEN Lic CBRE, INC. Broker Lic CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. Any projections, opinions, or estimates are subject to uncertainty. The information may not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk.
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