Multi-Tenant Professional Office
For Sale
$7,500,000
10737 Laurel Street, Rancho Cucamonga, CA 91730
Multi-tenant office building with elevator service and suite flexibility, positioned for convenient regional freeway access.
Property Size31,415 SF
Price / SF$238.74
Days on Market260
Property Features for 10737 Laurel Street
General Information
Standard status
Active
Size
31,415 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Amenities
Electric
3
ME1 - Mixed Employment 1
Building Details
Year Built
1993
Tenancy
Multi
Listing Agency:
MGR REAL ESTATE, INC.
(909) 981-4466
Listed By:
Sangaroon Yangchana · License #01518762
(714) 273-0208
Source:
Xome
Added: Dec 17, 2025
Changed: Sep 3
Last Checked: Jul 23 at 4:10AM
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 MGR REAL ESTATE, INC.
Investment Insights
Based on property information with market context.
10737 Laurel Street is a multi-tenant, elevator-served professional office building offered for sale. The property is designed with flexible suite configurations that can support full or partial owner occupancy, giving an owner-user the ability to control space usage while still maintaining the option to retain leased income elsewhere in the building.
The building is located in the core of Rancho Cucamonga’s established business district and sits directly across from the San Bernardino County Courthouse within the Civic Center. This setting supports professional tenant interest, and the asset’s access is positioned for convenient connectivity to the I-15, I-10, and I-210 freeways.
For owner-users, the suite flexibility can help align office space needs with longer-term plans. For investors, the multi-tenant setup can support portfolio positioning with in-place tenants and potential for operational improvements through repositioning of available configurations, subject to leasing strategy. Please contact the listing agent for additional details and to schedule a tour.
The building is located in the core of Rancho Cucamonga’s established business district and sits directly across from the San Bernardino County Courthouse within the Civic Center. This setting supports professional tenant interest, and the asset’s access is positioned for convenient connectivity to the I-15, I-10, and I-210 freeways.
For owner-users, the suite flexibility can help align office space needs with longer-term plans. For investors, the multi-tenant setup can support portfolio positioning with in-place tenants and potential for operational improvements through repositioning of available configurations, subject to leasing strategy. Please contact the listing agent for additional details and to schedule a tour.
Key Highlights
- Multi‑tenant professional office building built in 1993 with elevator service
- Located directly across from the San Bernardino County Courthouse within the Civic Center
- Regional access to I‑15, I‑10, and I‑210 freeways for convenient commuting and connectivity
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$485,173
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,703,460
$9.7M
Cap Rate 7%
$6,931,043
$6.9M
Cap Rate 9%
$5,390,811
$5.4M
Market Conditions
NOI Build-Up for 31,415 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$829.4K $26.40/SF
− Vacancy
−$182.5K −$5.81/SF
EGI
$646.9K $20.59/SF
− OpEx
−$161.7K −$5.15/SF
NOI
$485.2K $15.44/SF
Area
Rancho Cucamonga, CA
Vacancy
22.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,703,460
Cap Rate 7%
$6,931,043
Cap Rate 9%
$5,390,811
Alternative Uses
Best Use
Office B
$6.93M
$6.06M – $8.09M
NOI $485,173 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.83M
$8.60M – $11.47M
NOI $688,215 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,450
Businesses Nearby
Explore this area
Business Placement
Demographics for 91730, CA
68,883
Population
26,172
Households
2.6
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
13.7 sq mi
ZIP Area
5,028
Density / Sq Mi
$89,654
Median Household Income
$51,208
Median Earnings
$2,240
Median Rent
$595,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office building with elevator service and suite flexibility, positioned for convenient regional freeway access.
Where is this office building located?
The property is located at 10737 Laurel Street Rancho Cucamonga, CA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Multi‑tenant professional office building built in 1993 with elevator service; Located directly across from the San Bernardino County Courthouse within the Civic Center; Regional access to I‑15, I‑10, and I‑210 freeways for convenient commuting and connectivity
