• Broker Cathy Jones 7025958765
  • Broker Blaze Katz 7026900407
  • Broker Paul Miachika 6028140661
  • Broker Karim Chatoor 7029687309

8163 Rochester Ave 39,600 SF Office Building Rancho Cucamonga, CA 91730 $14,182,000 ($358.13/SF) 8.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • SEASONED NATIONAL TENANT: PBK Architects, with a 42-year history of delivering architectural and engineering services nationwide
  • STRATEGIC HIGH-TRAFFIC LOCATION: Located just a three-minute drive away from the 147 acre Victoria Gardens shopping mall
  • OWNER-USER/INVESTMENT OPPORTUNITY: With +/- 2.4 years remaining on the PBK Architects lease, the tenant is willing to downsize

EXECUTIVE SUMMARY

The Investment Services Group of LOGIC Commercial Real Estate is pleased to present for sale a +/- 39,600 SF two-story, Suburban Class A office building which is 100% occupied by the national tenant - PBK Architects. The tenant currently has +/- 2.4 years remaining on their lease and is willing to downsize, creating an opportunity for an owner-user/investor to occupy or re-tenant a portion of the property (contact Broker for more details).
Strategically located less than a mile from the I-15 on Rochester Ave. in Rancho Cucamonga, California, the property sits in the heart of a dense Southern California retail corridor. Neighbors include the Victoria Gardens shopping mall which is situated on 147 acres with +/- 180 retailers including Macy’s, JCPenney, AMC Theatres, and Fleming’s Prime Steakhouse. Boasting state-of-the-art security features such as card readers and CCTV, the property is not only premium real estate but also provides a secure environment for the tenant. With the dense population within a three-mile radius of +/- 122,236, this office building represents an unparalleled investment opportunity in one of Southern California’s prime communities.
Link to OM: https://logiccre.com/1031_properties/8163-rochester-ave/

ATTACHMENTS

Property Overview

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
39,600 SF
Building Class
A
Year Built
2008
Price
$14,182,000
Price Per SF
$358.13
Cap Rate
8.25%
NOI
$1,170,015
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
19,800 SF
Slab To Slab
10’
Building FAR
0.35
Lot Size
2.60 AC
Zoning
CO2 - Corridor 2: Medium to high intensity mixed use commercial/residential
Parking
151 Spaces (3.81 Spaces per 1,000 SF Leased)

AMENITIES

  • Controlled Access
  • Security System
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -

Continually prioritizing client service, the PBK Family of Companies provides their clients with a fully integrated and expansive range of architectural and engineering services. The following in-house divisions bring national expertise that span a variety of industry sectors - bringing enhanced value as they take design solutions to the next level. Every aspect of PBK is strategically aligned to respond to the specific need of their clients. Their team operates on a “whatever it takes” business approach that emphasizes PBK’s strongest cultural characteristics: to go above and beyond the call of duty to ensure their clients get the very best service in the industry. PBK is committed to delivering platinum-level customer service while generating unique, world-class design solutions that are inspirational, functional, sustainable and highly responsive to end-user performance.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Professional, Scientific, and Technical Services - - -

PROPERTY TAXES

Parcel Number 0229-023-06 Improvements Assessment $5,860,000
Land Assessment $4,080,000 Total Assessment $9,940,000

PROPERTY TAXES

Parcel Number
0229-023-06
Land Assessment
$4,080,000
Improvements Assessment
$5,860,000
Total Assessment
$9,940,000

MAP

ADDITIONAL PHOTOS

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