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Investment Highlights
- Click link to download Offering Memorandum: https://bit.ly/empirecircleLN
- Near-Term NOI Growth
- Bid Date May 14th | Three Highly-Functional Multi-Tenant Industrial Buildings Totaling 53,649 SF | 91% Leased | Inland Empire
- Strong Historical Occupancy
Executive Summary
*Strong Historical Occupancy | 95% occupancy since 2019, reflecting durable, cycle-tested demand from a diversified small-business tenant base.
*Near-Term NOI Growth | In-place rents are 20% below market, with 30% of the roll expiring in Year 1, providing supportable path to meaningful NOI growth.
*Supply-Constrained Product Type | Small-Bay demand continues to outpace available supply – rising construction costs and development restrictions in urban locations have limited most new projects to larger big-box facilities.
*Suite Size Flexibility | Diverse suite size continuum offers broad tenant appeal and built-in flexibility to accommodate expansion or contraction within the park.
*High-Image Campus Environment | Elevated finish quality from original office DNA differentiates it from conventional industrial product, supporting a broader, higher-quality tenant profile.
*Freeway-Proximate IE East Location | Direct access to I-10 and I-215, combined with proximity to established retail amenities and corporate ecosystem.
*Strong IE East Small-Bay Market Dynamics | The 10–25K SF size range in the IE East has maintained a vacancy rate of just 2.7% (550 bps tighter than the broader IE East) as of Q4 2025 – holding near historically tight levels despite broader market
*Near-Term NOI Growth | In-place rents are 20% below market, with 30% of the roll expiring in Year 1, providing supportable path to meaningful NOI growth.
*Supply-Constrained Product Type | Small-Bay demand continues to outpace available supply – rising construction costs and development restrictions in urban locations have limited most new projects to larger big-box facilities.
*Suite Size Flexibility | Diverse suite size continuum offers broad tenant appeal and built-in flexibility to accommodate expansion or contraction within the park.
*High-Image Campus Environment | Elevated finish quality from original office DNA differentiates it from conventional industrial product, supporting a broader, higher-quality tenant profile.
*Freeway-Proximate IE East Location | Direct access to I-10 and I-215, combined with proximity to established retail amenities and corporate ecosystem.
*Strong IE East Small-Bay Market Dynamics | The 10–25K SF size range in the IE East has maintained a vacancy rate of just 2.7% (550 bps tighter than the broader IE East) as of Q4 2025 – holding near historically tight levels despite broader market
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 52,875 SF |
| Number of Properties | 3 | Total Land Area | 3.62 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 52,875 SF |
| Total Land Area | 3.62 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1814 Commercenter W, San Bernardino, CA 92408 | Flex | 21,952 SF | 1981 | - |
| 1808 Commercenter W, San Bernardino, CA 92408 | Flex | 17,691 SF | 1980 | - |
| 1802 Commercenter West, San Bernardino, CA 92408 | Flex | 13,232 SF | 1982 | - |
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Empire Circle Industrial Park
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