Ontario, California – 11,700 square foot property leased for more than asking price. Justin Kuehn of the Lee Chang Group secured a 22 month lease of the property located at 1615 Freemont Court for their client. The property is an attractive tilt-up-concrete structure that has a large paved loading area with dock high and grade-level loading.
Using the marketing strategy perfected by the Lee Chang Group, Justin Kuehn was able to secure 5 separate offers for the landlord for tenants within 45 days of listing the property. In the end, Kuehn was able to negotiate a 22 month lease term that was higher than the asking price from the landlord.
Warehouse and light industrial properties remain in high demand in Ontario and the surrounding Inland Empire area. This area offers a large population of skilled workers and consumers, access to all major forms of transportation for shipping and receiving, and affordable square footage pricing. All of these attributes are attracting companies from around the world into the Inland Empire.
Demand is anticipated to continue for properties in and around the Inland Empire over the next several years as more companies convert to distribution centers for their products to meet the demand of online sales. Major retailers like Amazon and Wal-Mart have already grabbed many properties within this area to meet the demand of their consumers. Smaller companies are following suit and even manufacturers are entering the area to more easily supply this clientele.
The Lee Chang Group is a major real estate broker firm located within the Inland Empire. They provide buyer, seller, landlord, and tenant representation services as well as conduct property valuations for their clients. With a global outreach, Lee Chang Group has mastered what it takes to complete the perfect deal on properties in the Inland Empire.
Light Industrial Warehouse Lease
- Tenant/Buyer: JNH International
- Landlord/Seller: Don Mosco
- Property Type: Light Industrial
- Region: Inland Empire West
- County: San Bernardino County
- City: Ontario, CA
- Property Size: 11,700 square foot
- Clear Ceiling Height: 18 ft
- Parking Spaces: 23
- Dock-High Doors/Loading: 1
- Drive In / Grade-Level Doors: 1
- Closest Freeways/Highways Exposure: Pomona Freeway (CA-60)
- Closest Ports: Port of Long Beach
- Value: $137,592.00
- Terms: 22 months
- NAI Capital, Lee Chang Group Agents: Richard Lee, Nicholas Chang, Justin Kuehn
- Property Address: 1615 Fremont Court