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1499 E Highland Ave
San Bernardino, CA 92404

County of San Bernardino Regional Medical Ctr · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
30,484 SF
Building Class
B
Year Built/Renovated
1961/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
3.78 AC
Parking
164 Spaces
Frontage
223 FT on E Highland Ave

About 1499 E Highland Ave , San Bernardino, CA 92404

CBRE is pleased to present this outstanding single tenant investment opportunity featuring the County of San Bernardino’s Arrowhead Regional Medical Center (ARMC). Recently remodeled in 2018, the property features a new ten-year primary term lease with favorable 2.00% annual rent increases, and replaces the hospitals prior urgent care facility which it had outgrown after more than 20 years, and located just a few blocks away. With a AA and AAA credit ratings from S&P and Fitch, this opportunity offers investors the chance to own a premier rated, government agency lease, doing business in the medical services industry, which is widely believed to be among the most robust and e-commerce resistant investment sectors in real estate.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0147-271-35
Land Assessment
$2,701,306
Improvements Assessment
$10,368,859
Total Assessment
$13,070,165
  • Listing ID: 13120486

  • Date on Market: 7/10/2018

  • Last Updated:

  • Address: 1499 E Highland Ave, San Bernardino, CA 92404

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