78-Unit Flex Space Business
For Sale
$38,500,000
9007 Arrow Route, Rancho Cucamonga, CA 91730
Multi-tenant flex property with renovated concrete tilt-up buildings.
Property Size139,921 SF
Lot Size8.72 Acres
Price / SF$275.16
Days on Market108
Property Features for 9007 Arrow Route
General Information
Standard status
Active
Size
139,921 SF
Lot size
8.72 Acres
Property subtype
Industrial
Building Details
Year Built
1988
Year Renovated
2017
Buildings
7
Construction
tilt-up concrete
Tenancy
Multi
Listing Agency:
CBRE
(818) 907-4606
Listed By:
Jenny Eng · License #01931224
(818) 907-4606
Source:
Cbre
Added: May 16
Changed: Aug 31
Last Checked: Aug 31 at 1:43PM
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
Investment Insights
Based on property information with market context.
Arrow Business Park is a multi-tenant flex space asset comprising seven concrete tilt-up buildings at 9007-9087 Arrow Route in Rancho Cucamonga, California. The property contains 139,921 square feet across 8.72 acres and was constructed in 1988, with renovations completed in 2017.
The business park includes 78 units occupied by 65 tenants, providing a diversified tenant base within a single industrial campus. Its flex-space configuration and multi-building layout support a range of commercial operations within the Rancho Cucamonga submarket of the Inland Empire West.
The business park includes 78 units occupied by 65 tenants, providing a diversified tenant base within a single industrial campus. Its flex-space configuration and multi-building layout support a range of commercial operations within the Rancho Cucamonga submarket of the Inland Empire West.
Key Highlights
- 139,921‑square‑foot multi‑tenant flex space property
- Seven concrete tilt‑up buildings on 8.72 acres
- 78 units leased to 65 tenants
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
$2,284,266
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
5.93%
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%
$45,685,320
$45.7M
Cap Rate 7%
$32,632,371
$32.6M
Cap Rate 9%
$25,380,733
$25.4M
Market Conditions
NOI Build-Up for 139,921 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
$3.86M $27.60/SF
− Vacancy
−$347.6K −$2.48/SF
EGI
$3.51M $25.12/SF
− OpEx
−$1.23M −$8.79/SF
NOI
$2.28M $16.33/SF
Area
Rancho Cucamonga, CA
Vacancy
9.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
35.00%
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%
$45,685,320
Cap Rate 7%
$32,632,371
Cap Rate 9%
$25,380,733
Alternative Uses
Best Use
Flex RnD
$32.63M
$28.55M – $38.07M
NOI $2,284,266 @ 7.0% cap · market cap 5.93%
Second Best
Industrial
$13.17M
$11.53M – $15.37M
NOI $922,010 @ 7.0% cap · market cap 2.39%
Theoretical Best
Office A
$43.79M
$38.32M – $51.09M
NOI $3,065,277 @ 7.0% cap · market cap 7.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,164
Businesses Nearby
Under-served
Demand for This Use
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 Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Baraka Blends Inc — 8417 Snow View Pl, Rancho Cucamonga, CA 91730
Frequently Asked Questions
What type of property is this?
Flex space - Multi-tenant flex property with renovated concrete tilt-up buildings.
Where is this flex space located?
The property is located at 9007 Arrow Route Rancho Cucamonga, CA.
What is the asking price?
The asking price for this property is $38,500,000.
What are key features of this property?
This property features: 139,921‑square‑foot multi‑tenant flex space property; Seven concrete tilt‑up buildings on 8.72 acres; 78 units leased to 65 tenants
