• Unpriced

    Asking Price

  • 2008

    Year Built

  • 89%

    Occupancy

  • 6.1 Years

    WALT

  • Office

    Property Type

  • 147,732

    Square Feet

Unpriced

Asking Price

2008

Year Built

89%

Occupancy

6.1 Years

WALT

Office

Property Type

147,732

Square Feet

Offering Summary

Address

  • 2855 E Guasti Road
    Ontario, CA 91761

Pricing

  • Asking PriceUnpriced
  • WALT6.1 Years
  • In-Place NOI$2,634,936

Details

  • Property TypeOffice
  • Property StatusOn Market
  • Square Feet147,732
  • Year Built2008
  • Building ClassA
  • Stories6
  • Parking Ratio6.7/1,000
  • Acres10.70
  • TenancyMulti
  • Tenant(s)6
  • Occupancy89%

Address

  • 2855 E Guasti Road
    Ontario, CA 91761

Pricing

  • Asking PriceUnpriced
  • WALT6.1 Years
  • In-Place NOI$2,634,936

Details

  • Property TypeOffice
  • Property StatusOn Market
  • Square Feet147,732
  • Year Built2008
  • Building ClassA
  • Stories6
  • Parking Ratio6.7/1,000
  • Acres10.70
  • TenancyMulti
  • Tenant(s)6
  • Occupancy89%
Read Less...

Newmark, as exclusive advisor, is pleased to present an opportunity to acquire the fee-simple interest in Ontario Airport Tower, the premier, best-in-class, LEED-Silver Certified, Class A office building in the desirable Inland Empire West market. This six-story office building totals 147,732 square feet and represents a unique opportunity to acquire institutional-quality real estate with superior freeway and amenity access with over six years of WALT remaining.

The Property, located in the Inland Empire’s most desirable submarket of Ontario, is currently 89% leased with no significant roll until 2027, offering an investor a durable, continually increasing, long-term income stream. The Inland Empire is comprised of San Bernardino and Riverside Counties and is located approximately 40 miles east of downtown Los Angeles. Over the past decade, despite the effects of the pandemic, the Inland Empire has ranked as one of the fastest-growing metropolitan areas in the nation in terms of population growth (+10%), job creation (+26%), residential construction permitting (+130%) and the median price of a single-family home (+88%), with Ontario leading the way as the region’s strongest submarket.

Read More...

Description

Newmark, as exclusive advisor, is pleased to present an opportunity to acquire the fee-simple interest in Ontario Airport Tower, the premier, best-in-class, LEED-Silver Certified, Class A office building in the desirable Inland Empire West market. This six-story office building totals 147,732 square feet and represents a unique opportunity to acquire institutional-quality real estate with superior freeway and amenity access with over six years of WALT remaining.

The Property, located in the Inland Empire’s most desirable submarket of Ontario, is currently 89% leased with no significant roll until 2027, offering an investor a durable, continually increasing, long-term income stream. The Inland Empire is comprised of San Bernardino and Riverside Counties and is located approximately 40 miles east of downtown Los Angeles. Over the past decade, despite the effects of the pandemic, the Inland Empire has ranked as one of the fastest-growing metropolitan areas in the nation in terms of population growth (+10%), job creation (+26%), residential construction permitting (+130%) and the median price of a single-family home (+88%), with Ontario leading the way as the region’s strongest submarket.

Deal Team

Portrait of Ken White

Ken White

Executive Managing Director

CA RE Lic. #01788506

Portrait of Sean Fulp

Sean Fulp

Executive Managing Director

CA RE Lic. #01389064

Portrait of Mark Schuessler

Mark Schuessler

Managing Director

CA RE Lic. #02033871

Portrait of Ryan Plummer

Ryan Plummer

Managing Director

CA RE Lic. #01765854