SELF STORAGE SPACE - SALE PENDING

711-717 S Mills Ave, Claremont, CA 91711

  • For Sale Contact for pricing
  • Property Type Industrial - Warehouse/Distribution
  • Additional Rent Contact for pricing
  • Year Built 1987
  • Date Updated Nov 15, 2024
Colliers’ de Jong | Becher team has been retained as the exclusive advisor by the ownership to offer for sale the property located at 711 South Mills Ave, Claremont, CA 91711. The property is fully stabilized self-storage asset built in 1987 with 63,170 net rentable square feet in 669 units in three separate buildings on two parcels. This owner managed facility will be delivered on an as-is, where-is basis and is currently at an occupancy rate of 95.4% at a weighted average rental rate of $1.57/SF. Market rents in the area are reported by Yardi Matrix as $1.90/SF non-climate controlled. Facility is managed by sellers. The property is subject to a CMBS loan that may be assumed and/or will required yield maintenance with a balance of approximately $3,600,000. This is the first time the property has been listed on the market. Buyer to conduct their own property condition assessments as this is an as-is, where-is, with all fault’s sale.

Sale Note
In-place net operating income of $686,919 on an in-place annualized basis based on current in-place rents and actual expenses. Additional upside with implementation of rental rate management, occupancy improvements and implementation of tenant protection.

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Attachments

Contacts

broker

Tom de Jong

broker

Jacob Becher

broker

Jack Parkan

Location

Getting Around

  • Walk Score ®

    47/100 Car-Dependent

  • Transit Score ®

    34/100 Some Transit

  • Bike Score ®

    54/100 Bikeable
Powered by Walk Score ®
  • City Claremont, CA
  • Neighborhood Claremont
  • Zip Code 91711
  • Market Los Angeles

Points of Interest

  • Claremont

    0.86 miles

  • Pomona–North

    2.53 miles

  • Ontario

    3.77 miles

  • East Ontario

    8.04 miles

  • Rancho Cucamonga

    8.63 miles

  • Chevron

    0.53 miles

  • Shell

    0.54 miles

  • Costco Gasoline

    1.15 miles

  • USA Gasoline

    1.21 miles

  • Tesla Supercharger

    1.27 miles

  • Arco

    1.59 miles

  • Thrifty

    1.64 miles

  • 76

    2.24 miles

  • eVgo

    2.39 miles

  • Ontario Supercharger

    3.63 miles

  • Montclair Transcenter Park And Ride

    1.10 miles

  • Sanborn Parking

    1.41 miles

  • Holden Parking

    1.41 miles

  • East Mesa Parking

    1.46 miles

  • WesternU Parking structure

    2.47 miles

  • Senior/West Parking Lot

    3.23 miles

  • North/Sophomore Parking Lot

    3.41 miles

  • Lot L

    3.56 miles

  • Round Table Pizza

    0.48 miles

  • Denny's

    0.50 miles

  • Sanamluang Thai Cuisine

    0.50 miles

  • McDonald's

    0.51 miles

  • Norm's

    0.56 miles

  • Chipotle

    0.58 miles

  • Hanoi Kitchen

    0.58 miles

  • Popeyes

    0.62 miles

  • Subway

    0.63 miles

  • In-N-Out Burger

    0.64 miles

  • Super King

    0.67 miles

  • Macy's

    0.87 miles

  • JCPenney

    0.99 miles

  • Montclair Place

    0.99 miles

  • Target

    1.21 miles

  • Stater Bros. Markets

    1.24 miles

  • DG Market

    1.25 miles

  • Ross

    1.41 miles

  • Walmart Neighborhood Market

    1.62 miles

  • Cardenas

    1.82 miles

  • Claremont Pharmacy

    0.66 miles

  • Montclair Hospital Medical Center

    0.85 miles

  • Montclair Fire Station No. 1

    0.95 miles

  • Montclair Police

    0.96 miles

  • Claremont Police Department

    1.17 miles

  • CVS Pharmacy

    1.20 miles

  • Los Angeles County Fire Department Station #101

    1.21 miles

  • LifePoint Medial Group and Urgent Care

    1.32 miles

  • Fire Station Number 1

    1.38 miles

  • Vida Health Clinic

    1.40 miles

Frequently Asked Questions

How much does SELF STORAGE SPACE - SALE PENDING cost?

The sale price for SELF STORAGE SPACE - SALE PENDING is available upon request. Contact the listing broker for more information.

When was this property built?

SELF STORAGE SPACE - SALE PENDING was built in 1987.

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