A 28,444 Square Foot Industrial Building Situated
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SOUTHERN CALIFORNIA'S PREMIER SALES TEAM A 28,444 SQUARE FOOT INDUSTRIAL BUILDING SITUATED ON 38,200 SQUARE FEET OF LAND IDEALLY LOCATED IN SAN BERNARDINO COUNTY WITHIN THE INLAND EMPIRE, ONE OF THE FASTEST-GROWING 395 & 401 E Valley Blvd, Colton, CA 92324 & 431 W Valley Blvd, Rialto, CA 92376 POPULATION CENTERS IN THE COUNTRY INVESTMENT ADVISORS BRANDON MICHAELS Senior Managing Director of Investments Senior Director, National Retail Group Tel: (818) 212-2794 Fax: (818) 212-2710 [email protected] License: CA #01434685 www.BrandonMichaelsGroup.com TEAM MEMBERS Sean Brandt Ben Brownstein Nicole Cottrell Andrew Leff Matthew Lucks Lauren Sackler Steven Schechter Austin Sreden CONFIDENTIALITY AND DISCLAIMER The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party re- ceiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified infor- mation to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for aw thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminat- ing substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the finan- cial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. 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The pres- ence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the pur- pose of providing tenant lessee information about this listing to prospective customers. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DE- TAILS. SPECIAL COVID-19 NOTICE All potential buyers are strongly advised to take advantage of their opportunities and obligations to conduct thorough due diligence and seek expert opinions as they may deem necessary, especially given the unpredictable changes resulting from the continuing COVID-19 pandemic. Marcus & Millichap has not been retained to perform, and cannot conduct, 1 2 3 due diligence on behalf of any prospective purchaser. Marcus & Millichap’s principal expertise is in marketing investment properties and acting as intermediaries between buyers and sellers. Marcus & Millichap and its PROPERTY OVERVIEW FINANCIAL ANALYSIS AREA OVERVIEW investment professionals cannot and will not act as lawyers, accountants, contractors, or engineers. All potential buyers are admonished and advised to engage other professionals on legal issues, tax, regulatory, financial, and accounting matters, and for questions involving the property’s physical condition or financial outlook. Projections and pro forma financial statements are not guarantees and, given the potential volatility created by COVID-19, all potential buyers should be comfortable with and rely solely on their own projections, analyses, and decision-making.) 2 3 PROPERTY OVERVIEW 5 COLTON A 28,444 square foot industrial building situated on 38,200 square feet of land ideally located in San Bernardino County within the Inland Empire, one of the fastest-growing population centers in the Country The Brandon Michaels Group of Marcus & Millichap has been selected to exclusively represent for sale 395-431 E Valley Boulevard, a 28,444 N 9TH ST square foot industrial property spread across three buildings and situated on 38,200 square feet of land located on East Valley Boulevard, East of 10th Street, and just North of the San Bernardino Freeway (I-10), in Colton, CA. 395 East Valley Boulevard is approximately 20,000 square feet, and features 16 foot ceilings. 401 East Valley Boulevard is approximately 8,000 square feet and features 21 foot ceilings. 431 East Valley Boulevard is approximately 900 square feet, and houses the power for the property, 2,000 amps, three phase power. The property also features three roll up doors. 395 & 401 E Valley Blvd, Colton, CA 92324 & 431 W Valley Blvd, Rialto, CA 92376 N 10TH ST 395 E Valley Boulevard is ideally located in San Bernardino within the Inland Empire, one of California’s fastest growing regions. The Inland Empire is an industrial hub, with over 673 million square feet of industrial product, and 21.7 million square feet of industrial product under construction. The property is currently vacant, allowing an investor the ability to stabilize the asset, or an owner-user the ability to occupy a portion of or the entirety of the property. E VALLEY BLVD 28,444 SF 38,200 SF 5.53% C-2, COLTON INDUSTRIAL BUILDING SF LAND SF CAP RATE ZONING PROPERTY TYPE 7 6 | 395 & 401 E VALLEY BOULEVARD, COLTON, CA 92324 & 431 W VALLEY BOULEVARD, RIALTO, CA 92376 San Bernardino is an industrial hub, with an industrial inventory of 92.5 million square feet, which sits within the N MT VERNON AVE larger Inland Empire, featuring 21.7 million square feet of industrial product currently under construction 395 E Valley Boulevard is ideally located in Colton, California, which is within San Bernardino County, and the larger Inland Empire. The property’s location provides exceptional access to surrounding areas due to it’s immediate proximity to the San Bernardino (I-10) and Riverside (I-215) Freeways. The property is located 5.5 miles from the Rialto Fulfillment Center, a 615,000 square foot project leased to Amazon. The property is located near a variety of industries and retailers, including: NAPA Auto Parts, Starbucks, Stater Bros. Markets, Denny’s, and McDonalds. Colton, California is nicknamed the “Hub” city, and was known as the transportation hub for San Bernardino due to “Colton Crossing,” which was one of the busiest 395 & 401 E Valley Blvd, Colton, CA 92324 & 431 W Valley Blvd, Rialto, CA 92376 at-grade railroad crossings in the Country. Colton is part of San Bernardino County, the largest county in the continuous country by area. The county features approximately 92.5 million square feet of industrial product, with 5.1 million square feet currently under construction. The majority of the submarket’s industrial tenant base involves logistics companies and major retailers. The property is located within the larger Inland Empire. The region attained it’s name due to it’s location approximately 60 miles inland from Los Angeles and the Pacific Ocean. Some of the country’s largest manufacturing companies have their distribution facilities within the region, including Toyota Motor Corporation, North American Parts and Logistics Distribution, and APL Logistics. The region has an inventory of 673 million square feet of industrial product, with 21.7 million square feet more under construction. INLAND CENTER LOMA LINDA SAN BERNARDINO KAISER PERMANENTE AMAZON SORT SHOPPING MALL UNIVERSITY INTERNATIONAL AIRPORT REDLANDS CENTER ONT 5 2.1 MILES 4.8 MILES 5.7 MILES 6.4 MILES 6.5 MILES E VALLEY BLVD E VALLEY 8 395 & 401 E VALLEY BOULEVARD, COLTON, CA 92324 & 431 W VALLEY BOULEVARD, RIALTO, CA 92376 | 9 431 W Valley Blvd 401 E Valley Blvd UPGRADED INDUSTRIAL BUILDING IN STRONG DEMOGRAPHICS CENTRALIZED INLAND EMPIRE LOCATION HTS • Immediate proximity to both the San Bernardino Freeway • Over 14,700 people located within 1 mile of the property, (I-10) and Riverside Freeway (I-215) 99,900 people within 3 miles, and 294,500 people within 5 LIG • Proximate to the San Bernardino International Airport and miles Redlands Municipal Airport • Approximately 3,871 households are located within 1 mile of • Located within the Inland Empire, a premier Southern the property, 28,900 within 3 miles, and 81100 within 5 miles California industrial region and one of the fastest-growing • Average household income within 1 mile of the property is population centers in the Country approximately $54,100, $64,500 within 3 miles, and $62,900 • 21-foot ceilings, 2,000 amp, three phase power, and three within 5 miles roll-up doors IDEALLY LOCATED IN THE INDUSTRIAL IDEAL VALUE-ADD OR OWNER-USER HUB OF SAN BERNARDINO OPPORTUNITY 395 E Valley Blvd • The county