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620 S E St 21,977 SF Flex Building San Bernardino, CA 92415 $7,193,628 CAD ($327.33 CAD/SF) 6.30% Cap Rate

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INVESTMENT HIGHLIGHTS

  • single government tenant

EXECUTIVE SUMMARY

-Newly renovated mix-use building on San Bernardino's highly traveled SE street, with high exposure and signage;
-New roof with 12 years warranty;
-Located in one of the fastest growing areas of southern California, and anchored by two fast food restaurants (Arby’s, and El Pollo Loco) offering high foot traffic and an established customer base;
-The building offers 21,977 square feet of commercial space, with over 18-foot ceilings;
-Single-Tenant County of San Bernardino Investment. Premier Credit Tenant;
-Long-Term Operating History. Proven Location: The County has occupied this site since 2001 (24-year operating history);
-Ideal 1031 Replacement Property: Very rare government secured lease;
-The County of San Bernardino Has an AA+ Credit Rating From Standard & Poors (S&P) and AAA Credit Rating From Fitch
-E-Commerce, Internet Resistant Tenant: Government services offer stability in the face of growing online sales
-4 Years Remaining and two more renew; 24-Year Operating History

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $7,193,628 CAD
Price Per SF $327.33 CAD
Sale Type Investment
Cap Rate 6.30%
Sale Condition 1031 Exchange
Property Type Flex
Building Class B
Lot Size 1.56 AC
Rentable Building Area 21,977 SF
No. Stories 1
Year Built 1988
Tenancy Single
Clear Ceiling Height 18’
Opportunity Zone Yes
Zoning CG-1 - General commercial zoning allows for multiple types of businesses, including offices, groceries, flex, and mix-use commercial.

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • County of San Bernardino
  • Public Administration
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
County of San Bernardino Public Administration 99,999 SF $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0136-501-22
Land Assessment
$1,622,388 CAD (2025)
Improvements Assessment
$3,140,586 CAD (2025)
Total Assessment
$4,762,974 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 37485601

  • Date on Market: 2025-08-30

  • Last Updated:

  • Address: 620 S E St, San Bernardino, CA 92415

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