2151 S. haven avenue - LoopNet · 2020. 3. 13. · 2151 Haven Avenue in Ontario, California, a two-story, multi-tenant professional office building totaling approximately 13,426 SF.

S. haven avenue2151

O N T A R I O | C A 9 1 7 6 1

Although all information is furnished regarding for sale, rental or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, omissions, changes of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. D/AQ Corp. # 01129558

FOR SALE

For More Information, Contact:

DAN FOYE | VICE PRESIDENT P: [email protected] DRE License # 01292002

FRANK MAO | FIRST VICE PRESIDENT P: [email protected] DRE License # 01877207

ALAN MAO | ASSOCIATE P: [email protected] DRE License # 02106206

KEN ANDERSEN | SENIOR VICE PRESIDENT P: [email protected] DRE License # 00902084

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3 CONTACTS

4 EXECUTIVE SUMMARY

5 FINANCIALS

8 PROPERTY OVERVIEW

9 PROPERTY PHOTOS

12 PROPERTY SITE PLAN

13 PROPERTY

AERIAL/LOCATION

14 FLOORPLANS

18AREA

DEMOGRAPHICS

19 AERIAL

20 LOCATION HIGHLIGHTS

2151 S. HAVEN AVE. | ONTARIO | CA

TABLE OFCONTENTS

FOR SALE

This offering is being distributed by DAUM Commercial Real Estate Services to a select group of Investors and Buyers. By taking receipt and possession of the Offering Memorandum, the prospective registered investor has agreed to treat and utilize the information and data contained in this document in strict confidence.

CONTACTS

S. haven avenue2151

O N T A R I O | C A 9 1 7 6 1

DAN FOYE | VICE PRESIDENT P: [email protected] DRE License # 01292002

FRANK MAO | FIRST VICE PRESIDENT P: [email protected] DRE License # 01877207

ALAN MAO | ASSOCIATE P: [email protected] DRE License # 02106206

KEN ANDERSEN | SENIOR VICE PRESIDENT P: [email protected] DRE License # 00902084

3

OVERVIEW DAUM is exclusively offering an investment opportunity to purchase 2151 Haven Avenue in Ontario, California, a two-story, multi-tenant professional office building totaling approximately 13,426 SF.

The building has a highly visible location with frontage on Haven Avenue. Located one block north of the Haven Avenue on/off ramps on the 60 Freeway.

• Within 3 miles to Ontario International Airport

• 3,678 SF Vacant• Four (4) Tenants• Located one block north of

the 60 Freeway on/off ramps for Haven Avenue.

• Built 2007• High Image Office Buildings• Fully Built-Out Multi-Tenant

Elevator Served Building• On a 1 Acre Lot• 41 Parking Spaces • APN 0211-301-03

EXEC

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± 13,426 SF BUILDING SIZE

± 43,560 SF LOT SIZE

ONE- 2 STORY OFFICE BUILDINGBUILDING TYPE

41 SPACES PARKING STALLS

$2,968,086 ASKING PRICE

$240,765.94 TOTAL PROFORMA RENT INCOME CURRENT YEAR

$221.07 PER SQUARE FOOT

±$160,137.76PROFORMA NOI

FREE STANDING BUILDING

FOR SALE

4

RENT ROLL

Suite Tenant Start DateExpire Date RSF $/RSF

Annualized Rent

Rent Increase

Increase Date

2151-100 KMK Financial Services 10/1/2017 12/31/2022 2,840 $16.87 $47,910.80 $49,835.98 Start 10/01/2020

2151-101 Natali T. Karimpour DBA move 7/1/2016 9/30/2021 3,010 $17.55 $52,819.08 $54,924.00 Start 07/01/2020

2151-200 KMK Financial Services 10/1/2017 12/31/2022 1,563 $16.87 $26,372.34 $27,427.34 Start 10/01/2020

2151-202 VACANT 2,115 $0.00 $0.00 $0.00 __

2151-201 VACANT 1,563 $0.00 $0.00 $0.00 __

2151-203 Launch Tech (USA) 10/10/2018 11/30/2021 2,032 $17.92 $36,417.48 $37,510.08 Start 12/01/2020

Total 13,123 $12.46 $163,519.70


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PROFORMAMonthly Annual

INCOME

Rental Income $20,063.83 $240,765.94

Vacancy Factor 5% ($1,003.19) ($12,038.30)

Effective Gross Revenue $19,060.64 $228,727.64

EXPENSES

Electric $550.00 $6,600.00

Water $750.00 $9,000.00

Annual Roof Repair $41.66 $499.92

Insurance $362.50 $4,350.00

Management Fee 2.10% $400.00 $4,800.00

Telephone/Verizon $175.00 $2,100.00

Fire Protection $248.33 $2,979.96

Landscaping $300.00 $3,600.00

Property Taxes 1.10% $2,708.33 $32,500.00

Elevator $180.00 $2,160.00

Total Operating Expenses $5,715.82 $68,589.88

Net Operating Income $13,344.81 $160,137.76

Asking Price $2,968,086 Proforma Cap Rate 5.39%

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2151 S. HAVEN AVE.ONTARIO | CA

6

2151 S. HAVEN AVE. | ONTARIO | CA7

2151 South Haven Avenue | Ontario, CA

Type Two Story Multi-tenant Office Building

Building Size 13,426 sqft available

Status 3,678 SF vacant. Below market lease rates.

Land Size 1 Acre

Parking Spots 41 Parking Stalls

Opportunity Investment/Owner User

Highlights • Immediate acess to 60 and 10 freeways• 2.3 Miles from Ontario Airport Departure & Arrival Area

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PROPERTY HIGHLIGHTS Class-B Office Features


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13,262

13,426

SOLD

S. haven avenue2151

O N T A R I O | C A 9 1 7 6 1

sold

available

12

S Ha

ven

Ave

nue

S Ec

ise A

venu

e

E Philadelphia Street

KAWASAKI MOTOS CORPORATION

MICHEL DE FRANCE

7EYE BY PANOTX

CALICO BRANDS

CAL LIGHTING

AMPED WIRELESS

DISTRIBUTION ALTERNATIVES

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SUBJECT PROPERTY

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2151 S. HAVEN AVENUE

2ND FLOOR

1ST FLOOR

OFFICE

OPEN WORK AREA

OFFICE

OFFICE

OFFICE

CLOSET

AVAILABLE

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N

14


OFFICE

OPEN WORK AREA

OFFICE

OFFICE

OFFICE

CLOSET

SUITE 201

FLO

OR

PLA

N

15


SUITE 202

FLO

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N

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Traffic Count

Collection St. Cross Street Cross St Dist. Traffic Vol. Dist From Subect

S Haven Ave E Mission Blvd 0.11 N 33,015 0.09

E Philadelphia St S Haven Ave 0.13 W 5,293 0.15

E Philadelphia St S Haven Ave 0.13 W 5,214 0.15

E Mission Blvd S Haven Ave 0.20 W 10,206 0.21

S Haven Ave E Philadelphia St 0.13 N 39,862 0.25

S Haven Ave E Philadelphia St 0.13 N 39,631 0.25

S Haven Ave E Mission Blvd 0.08 S 42,386 0.28

E Philadelphia St S Excise Ave 0.08 E 6,307 0.31

S Turner Ave State 60 Hwy W 0.09 S 536 0.58

S Turner Ave E Cedar St 0.11 S 548 0.6

Radius 3 Miles 5 Miles 10 MilesPopulation:

2024 Projection 41,406 253,440 1,247,036

2019 Estimate 39,268 240,944 1,195,486

2010 Census 33,070 211,538 1,096,974

Average Age: 34.20 33.80 34.90

HH Growth 2014-2024: 5.52% 5.52% 4.38%

Median Home Value: $361,883 $367,377 $390,600

2019 Avg Household Income $85,947 $80,935 $87,745

Employment:

Total Businesses 3,798 10,781 37,447

Employees 59,413 140,377 392,791

MARKET CONDITIONS

Ontario International Airport

2.2 miles John Wayne Airport

42.4 miles LA/Long Beach Ports

55 miles

I-10 Freeway

2.2 milesI-15 Freeway

1.9 milesI-60 Freeway

.05 miles

10

60

15

AR

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EMO

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APH

ICS

S. haven avenue2151

O N T A R I O | C A 9 1 7 6 1

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Mission Blvd.

Mission Blvd.

S. H

aven

Ave

.

S. A

rchi

bald

Ave

.

S. M

iliken

Ave

.

E. Airport Dr.

E. Jurupa St.

E. Philadelphia St.

E. Airport Dr.

S. H

aven

Ave

. Mission Blvd.

ONTARIO INTERNATIONAL AIRPORT

SUBJECT PROPERTY

19

LOCATION HIGHLIGHTS Western Inland Empire

The Inland Empire has added more jobs in the past 5 years than anywhere else in the US. More than 4.5 million people now live in the Inland Empire giving it a larger population than 25 US States. The Inland Empire is the primary job creation center of California. Significant development is occurring in the immediate area including over 100,000,000 square feet of industrial product that has been built in the Inland Empire in the past 5 years. Ontario Airport which is located within a mile of the subject property has been the fastest growing airport the past two years within the United States. Land has become much more expensive and harder to buy in the Western Inland Empire over the past few years so replacing the subject property would be difficult. The property is priced well below replacement cost.

Central Location Close proximity to the 60, 10 & 15 Freeways. Centralized access to Southern California’s large population base.

Access to Abundant Labor Base

There is a large labor pool located within the Inland Empire, and housing is significantly less expensive than the higher priced coastal counties. Many people are relocating to the Inland Empire from coastal counties to be able to afford to buy a home, and many of them have a strong preference to avoid commuting long distances if possible. Employers are now taking advantage of the growing working age population in the area who prefer to avoid long commutes to the neighboring coastal counties, as a result more jobs have been added in the Inland Empire than in Los Angeles, Orange or San Diego County over the past five years.

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Although all information is furnished regarding for sale, rental or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, omissions, changes of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. D/AQ Corp. # 01129558


FOR SALE

DAN FOYE | VICE PRESIDENT P: 909.912.0009

[email protected] DRE License # 01292002

FRANK MAO | FIRST VICE PRESIDENT P: 909.919.0980


ALAN MAO | ASSOCIATE P: 562.695.1466


KEN ANDERSEN | SENIOR VICE PRESIDENT P: 909.912.0002


For More Information, Contact:

OFF

ERIN

G M

EMO

RAN

DUM

2151 S. haven avenue - LoopNet · 2020. 3. 13. · 2151 Haven Avenue in Ontario, California, a two-story, multi-tenant professional office building totaling approximately 13,426 SF.

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