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600 N Arrowhead Ave 51,194 SF Office Building San Bernardino, CA 92401 For Sale
INVESTMENT HIGHLIGHTS
- ATTRACTIVE DOWNTOWN SAN BERNARDINO OWNER-USER OPPORTUNITY
- EXCELLENT DOWNTOWN SAN BERNARDINO LOCATION WITH ABUNDANT AMENITIES
- LOWEST OFFICE VACANCY IN THE U.S. - THE INLAND EMPIRE
EXECUTIVE SUMMARY
ATTRACTIVE DOWNTOWN SAN BERNARDINO OWNER-USER OPPORTUNITY
* THREE-STORY OWNER-USER OPPORTUNITY | 600 N. Arrowhead Avenue presents the unique opportunity to acquire an infill, ± 41,138 square foot 3-story office building in the heart of San Bernardino. The property is currently 45% occupied, with the first and second floors available for immediate occupancy allowing an owner-user the opportunity to take up ±22,492 square feet and the ability to organically grow their footprint in the building over time. The full building can be made available by June 2026.
STRONG MARKET FUNDAMENTALS
* LOWEST OFFICE VACANCY IN U.S. | The Inland Empire consistently outperformed other office markets in the country and held the lowest vacancy rate for the past five quarters, averaging a 9.1% vacancy rate during that timeframe. As of the third quarter 2024, vacancy has declined to 7.9%.
* THRIVING ECONOMIC ACTIVITY | The Inland Empire, a region whose $213-billion economy is equal to that of the state of Utah, has been Southern California’s best-growth market for several straight years, averaging 5.2% each year, per the Federal Reserve. The Inland Empire’s population is Southern California’s second largest, fueled by a growth rate that is almost 4 times more than the rest of the region since 1990.
* EMPLOYMENT CONSISTENCY | Over the last five years, the Inland Empire’s total employment has grown at an average annual rate of 2.3% while across the U.S., employment has grown at a 1.0% average annual rate (CBRE Econometric Advisors). In that same five-year span, office employment alone has grown by 2.5% annually in the Inland Empire. Over the last 12 months, office employment has grown by 0.5% in the IE.
EXCELLENT LOCATION WITH ABUNDANT AMENITIES
* PRIME DOWNTOWN LOCATION | The building is located on the highly visible corner of Arrowhead Ave and 6th St, in downtown San Bernardino. The property benefits from excellent, high image street frontage and is only blocks away from the area’s plethora of retail outlets and the 43-acre Carousel District – the former mall site that was demolished and is now primed for redevelopment.
* MASSIVE SURROUNDING DEMOGRAPHICS | Due to the property’s infill location, there are more than 370,000 people with an average household income greater than $80,000 within 5 miles of the building.
* THREE-STORY OWNER-USER OPPORTUNITY | 600 N. Arrowhead Avenue presents the unique opportunity to acquire an infill, ± 41,138 square foot 3-story office building in the heart of San Bernardino. The property is currently 45% occupied, with the first and second floors available for immediate occupancy allowing an owner-user the opportunity to take up ±22,492 square feet and the ability to organically grow their footprint in the building over time. The full building can be made available by June 2026.
STRONG MARKET FUNDAMENTALS
* LOWEST OFFICE VACANCY IN U.S. | The Inland Empire consistently outperformed other office markets in the country and held the lowest vacancy rate for the past five quarters, averaging a 9.1% vacancy rate during that timeframe. As of the third quarter 2024, vacancy has declined to 7.9%.
* THRIVING ECONOMIC ACTIVITY | The Inland Empire, a region whose $213-billion economy is equal to that of the state of Utah, has been Southern California’s best-growth market for several straight years, averaging 5.2% each year, per the Federal Reserve. The Inland Empire’s population is Southern California’s second largest, fueled by a growth rate that is almost 4 times more than the rest of the region since 1990.
* EMPLOYMENT CONSISTENCY | Over the last five years, the Inland Empire’s total employment has grown at an average annual rate of 2.3% while across the U.S., employment has grown at a 1.0% average annual rate (CBRE Econometric Advisors). In that same five-year span, office employment alone has grown by 2.5% annually in the Inland Empire. Over the last 12 months, office employment has grown by 0.5% in the IE.
EXCELLENT LOCATION WITH ABUNDANT AMENITIES
* PRIME DOWNTOWN LOCATION | The building is located on the highly visible corner of Arrowhead Ave and 6th St, in downtown San Bernardino. The property benefits from excellent, high image street frontage and is only blocks away from the area’s plethora of retail outlets and the 43-acre Carousel District – the former mall site that was demolished and is now primed for redevelopment.
* MASSIVE SURROUNDING DEMOGRAPHICS | Due to the property’s infill location, there are more than 370,000 people with an average household income greater than $80,000 within 5 miles of the building.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
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-
|
| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
51,194 SF
Building Class
C
Year Built
1986
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
17,000 SF
Building FAR
1.12
Lot Size
1.05 AC
Opportunity Zone
Yes
Zoning
C1
Parking
106 Spaces (2.07 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Bus Line
- Property Manager on Site
- Signage
1 1
Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $13,188,046 CAD | |
| Land Assessment | $1,696,883 CAD | Total Assessment | $14,884,929 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,696,883 CAD
Improvements Assessment
$13,188,046 CAD
Total Assessment
$14,884,929 CAD
CONTACTS
-
Sammy Cemo -
Austin Reuland -
Anthony DeLorenzo -
Bryan Johnson -
Nick Williams -
CBRE
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600 N Arrowhead Ave
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