784 E Hospitality Ln
San Bernardino, CA 92415

* Brand New, Long-Term Single-Tenant Lease with Credit Rare opportunity to acquire a high image office building located within a true campus environment. 100% leased to San Bernardino County, a credit tenant with a Moody’s Aa2 Rating. The County took occupancy in January of 2018 and has a firm 10-year term containing annual increases, providing long-term security, stable cash flow, and gradual upside. San Bernardino County Department of Aging and Adult Services (“Tenant”) received the property “turn-key” for their use, with improvements that cost more than $4 million. This buildout has created a one-of-a-kind office environment to fulfill their current and future space needs. * Strong Market Fundamentals The Inland Empire, a region whose $155-billion economy is equal to that of the State of Utah, has been Southern California’s fastest-growth market for seven straight years, averaging 5.8% each year, according to the Federal Reserve. The Inland Empire’s population base of 4.5 million people 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. Priced at $10,000,000, significantly below estimated replacement cost of $12,195,000. New development would require a significant increase in rent to justify new building construction.