Property Detail

Description

Owner-User or Investment Property on this 51,400 sq.ft Lot, (3-parcels-004,008,009), with a 2000 sq.ft. Cold Storage in an 8960 sq.ft. Distribution Warehouse, with 3-Phase power--120/240-V. The front structure=Office/SFR consists of 1500 SF+/- with 3-offices+Kitchen+Bullpen. Property is currently Leased on a month-month basis. Opportunity awaits in the burgeoning and rapidly increasing Inland Empire Commercial/Industrial Zone. The IE is also one of the nation’s Largest players in the logistics industry consisiting of Large employers such as Amazon, which has 16,000 employees and 11-e-commerce centers in the Inland Empire. This region has more industrial space leased than Dallas and Atlanta combined, which are consecutively the 2nd and 3rd largest and busiest cities in the U.S. The Inland Empire is home to more than 4.8 million people; a region that is larger than 25 of the 50 U.S. states. This Transportation and Warehouse Industry has grown the fastest in the area, "more than doubling" between 2010--2018. It’s the 2nd fastest growing non-farm employment rate among California’s MSAs with job gains in every sector. The Inland Empire has a robust housing market, with both rent and home prices regularly increasing. However, the region maintains its affordability advantage in comparison to the high-cost markets in Los Angeles and Orange Counties.