Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Freeway Visible Colton Office Building Title is generated by Realmo AI

    1060 E Washington St, Colton, CA 92324

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    30,255 SF office building with freeway access and visibility.

    Type:Office
    Property size:
    30,255 SF
    Added:
    Nov 11, 2023
    Days on Market:
    937
    Last Refresh:
    May 12 at 9:38 pm

    Property Features for 1060 E Washington St

    General Information

    Standard status
    Active
    Size
    30,255 SF
    Property subtype
    Office

    Building Details

    Year Built
    1985

    Spaces For Lease

    at 1060 E Washington St Contact us

    Suite 200 $2.00/Mo

    Size
    16,934 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Steven Saunders

    Listing agent Steven Saunders License #CA 01932948

    Listing office CBRE - Ontario

    Listing date Nov 11, 2023

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Ontario

    HighLights

    • 30,255 SF 2‑Story Office Building
    • Direct Freeway Access for easy commuting
    • Great Freeway Visibility
    • Excess Surface Parking Available
    • Office Building
    • Year Built: 1985

    Overview

    This is a 30,255 square foot, two-story office building. The property offers direct freeway access and visibility. Excess surface parking is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    CPA Accountant Tax ... Accounting Firm Power 2 Innovate (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colton
    County
    San Bernardino
    State
    California
    Longitude
    -117.3102837
    Latitude
    34.0474544

    Nearby Similar for Lease

    • $3,100/Mo
      3,100 SF

      Colton Retail Space For Lease

      3,100 SF retail space in high-traffic Colton location.
      2100 N Rancho, Colton, CA 92324
      View Details
    • $2,000/Mo
      4,610 SF

      Versatile Church Facility for Lease

      Well-maintained church facility with flexible use options in Colton, CA.
      1471 San Bernardino, Colton, CA 92324
      View Details
    • $2,500/Mo
      1,044 SF

      Restaurant Space for Lease

      Restaurant space with equipment, ready for immediate occupancy.
      299 W Olive, Colton, CA 92324
      View Details
    • $5,430/Mo
      1,810 SF

      Retail Space at Royal Truck

      1810 SF retail space in Colton, CA for lease.
      2300 E Steel Road, Colton, CA 92324
      View Details
    • $2,700/Mo
      1,044-1,044 SF

      Olive, 299 #C - Restaurant

      Restaurant space with equipment, ready for immediate occupancy.
      299 Olive St, Unit #, Colton, CA 92324
      View Details
    • $575/Mo
      2,699 SF

      Downtown Colton Private Office Space

      Private office spaces available for lease in downtown Colton.
      595 N La Cadena Drive, Colton, CA 92324
      View Details
    • $1,128/Mo
      752 SF

      Retail/Office Space in Colton Plaza

      Retail or office spaces available for lease in Colton, CA.
      190 W H, Colton, CA 92324
      View Details
    • $5,430/Mo
      1,810 SF

      Retail/Office Space at Truck Stop

      1810 SF retail/office space in 24-hour truck stop.
      2300 E Steel Rd B, Colton, CA 92324
      View Details
    • $1,128/Mo
      1,222 SF

      Retail/Office Space Near Freeways

      Retail or office spaces available near the 10 and 215 Freeways.
      190 W H, Colton, CA 92324
      View Details
    • $2,000/Mo
      4,800 SF

      Versatile Church Facility For Lease

      Well-maintained 4,800 sq. ft. church with flexible usage.
      1471 San Bernardino, Colton, CA 92324
      View Details
    • $25,000 SF/Yr
      4,700,000 SF

      Cooley Ranch RV Dealership Space

      RV dealership space available for lease in Cooley Ranch.
      1313 RV Center Drive, Colton, CA, 92324
      View Details
    • Contact for pricing
      3,140 SF

      Colton Office Building For Rent

      Versatile 3,140 sq ft office building in Colton, CA.
      1377 N La Cadena, Colton, CA 92324
      View Details

    FAQs

    What type of property is this?
    Office building - 30,255 SF office building with freeway access and visibility.
    Where is this office building located?
    The property is located at 1060 E Washington St Colton, CA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 30,255 SF 2‑Story Office Building; Direct Freeway Access for easy commuting; Great Freeway Visibility
    (909) 418-2135 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Steven Saunders
    Real Estate License ID: CA 01932948
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1060 E Washington St, Colton, CA 92324
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!