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Walton Building 4185 Hallmark Pky

39,184 SF Industrial Building San Bernardino, CA 92407 $6,950,000 ($177/SF)

Investment Highlights

  • Newly renovated 39,184 square foot industrial warehouse nestled in the heart of San Bernardino available for immediate occupancy.
  • Tenants can enjoy a heavy power 1600 AMPS 120/208v industrial building with 2 ground-level roll-up doors.
  • This industrial warehouse is close in proximity to Interstate 215 allowing for fast and efficient on/off ramp access.
  • Versatile industrial space can be used for distribution, manufacturing, and has 4,000 square feet of dedicated office space.
  • Property contains a fenced lot alongside ample parking spaces.
  • Lucrative opportunity to connect with international markets resulting from the property's proximity to Ontario International Airport.

Executive Summary

*****This pride of ownership opportunity presents an extremely competitive value at $177.36psqft in comparison with the current market value $318psft, with a proforma cap rate reported at 8.8%!*****

4185 Hallmark Parkway presents a multi-faceted 39,184 square-foot industrial property on 1.96 acres in San Bernardino. This flexible warehouse can be used for manufacturing, food processing, distribution and can be divided into two spaces, each with their own loading zone and entrance. The efficacy of this building can be attributed to its heavy power 1600 AMPS 120/208 voltage 3 phase 4 wire system, two ground-level roll-up doors, 18 foot clear height, and 4,000 square feet of office space. Moreover, the roof underwent a $275,000 renovation in 2024 and the newly renovated property has a fully fenced lot with ample parking.

The industrial property is located along Hallmark Parkway just off University Parkway which leads directly to Interstate 215. Additionally, it has been strategically built 20 minutes away from Ontario’s International Airport, near major Southern California cities and close to both the Riverside Line and San Bernardino Line Commuter Rails. San Bernardino is a rapidly expanding industrial market in Inland Empire given its newly delivered growing inventory.

The owner is open to flexible financing options, please reach out to discuss the specifics of this property and to inquire about owner carry.

Property Facts

Price $6,950,000
Price Per SF $177
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Food Processing
  • Industrial Manufacturing
Building Class B
Lot Size 1.96 AC
Rentable Building Area 39,184 SF
No. Stories 1
Year Built/Renovated 1984/2024
Tenancy Single
Parking Ratio 2/1,000 SF
Clear Ceiling Height 18 FT
No. Drive In / Grade-Level Doors 2

Amenities

  • Fenced Lot
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 39,184 SF
  • Industrial
  • Full Build-Out
  • Now

Contact Broker for more information.

Space Size Space Use Condition Available
1st Floor 39,184 SF Industrial Full Build-Out Now

1st Floor

Size
39,184 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 39,184 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Contact Broker for more information.

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Los Angeles
3,990,456
68
1 h 23 m
San Diego
1,425,976
103
1 h 60 m
Las Vegas
644,644
226
4 h 10 m
Phoenix
1,660,272
329
5 h 57 m
San Jose
1,030,119
388
7 h 21 m
San Francisco
883,305
432
8 h 4 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
743,394
Total Labor Force
358,501
Unemployment Rate
4.35%
Median Household Income
$71,359
Warehouse Employees
74,307
High School Education Or Higher
76.50%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0266-363-07
Land Assessment
$360,547
Improvements Assessment
$1,702,388
Total Assessment
$2,062,935

zoning

Zoning Code LI (Light Industrial; manufacturing)
LI (Light Industrial; manufacturing)
  • Listing ID: 30950025

  • Date on Market: 2/13/2024

  • Last Updated:

  • Address: 4185 Hallmark Pky, San Bernardino, CA 92407

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