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599 Inland Center Drive, San Bernardino, CA

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599 Inland Center Drive

San Bernardino, CA 92408-1843 - East San Bernardino Submarket

Property Type:Office Sub Type:Medical Status:Existing Year Built:1978
Stories:1 Typical Floor:20,608 SF Building Size:20,608 SF
For Sale Price:$2,250,000 Price/SF:$109.18
Cap Rate:5.90 %
Parking:Free Surface spaces are available; Ratio of 2.47/1,000 SF

Located on the south side of Inland Center Drive, east of E Street, with direct access to/from newly expanded on/off ramp of the 215 freeway and near one of the busiest intersections (E Street and Mill Street) in San Bernardino. It is approximately two miles from the intersection of the 10 and 215 freeways in close proximity to the Inland Center shopping complex.

Sale Notes:
GREAT INVESTMENT OPPORTUNITY with an approx. 5.5% cap rate. Two buildings with over 20,000 sf and are fully leased. One building is primarily occupied by a national medical tenant who has occupied the building for over 20 years and a small portion is occupied by a vocational college. The other building is occupied primarily by a dental office and a portion of it is occupied by a medical clinic. In the building occupied by the dental office there is a portion of it that is built-out and could possibly be used as an apartment. The interior of the dental office has been updated with hardwood and tile floors, a large waiting and reception area, eight complete dental offices and several other offices that are currently being used for storage, which could also be used for dental chairs.
Near Inland Center Drive and E Street

Net Lease Investment with 4 years left on lease

Century 21 Osborne Realty
Becky Kocher

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