Corporate-Leased NNN
For Sale
$1,600,000
1199 N E St, San Bernardino, CA 92410
Western Dental occupies the property under a corporate lease with one extension option.
Property Size5,000 SF
Days on Market46
Property Features for 1199 N E St
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Retail
Zoning
CG-1 : Commercial General
Site & Location
Neighborhood
Sbhs
Building Details
Building Size
5,000 SF
Year Built
1950
Tenancy
Single
Listed By:
Jan Niklas Cartus
(714) 878-6004
Source:
Srsre
Added: Sep 20
Changed: Oct 26
Last Checked: Nov 4 at 9:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jan Niklas Cartus
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Investment Insights
Based on property information with market context.
This NNN property in San Bernardino is occupied by Western Dental & Orthodontics under a corporate lease. The initial term has approximately 1 year remaining, followed by a single 1-year option period for extension.
Built in 1950, the property is located at 1199 N E St, San Bernardino, CA 92410. It carries CG-1: Commercial General zoning, providing the recorded land-use designation for the site.
Built in 1950, the property is located at 1199 N E St, San Bernardino, CA 92410. It carries CG-1: Commercial General zoning, providing the recorded land-use designation for the site.
Key Highlights
- Western Dental & Orthodontics is the current tenant
- Lease is signed by the corporate tenant
- Approximately 1 year remains on the initial term
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,523
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,710,460
$1.7M
Cap Rate 7%
$1,221,757
$1.2M
Cap Rate 9%
$950,256
$950.3K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$126.0K $25.20/SF
− Vacancy
−$12.0K −$2.39/SF
EGI
$114.0K $22.81/SF
− OpEx
−$28.5K −$5.70/SF
NOI
$85.5K $17.10/SF
Area
San Bernardino, CA
Vacancy
9.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,710,460
Cap Rate 7%
$1,221,757
Cap Rate 9%
$950,256
Alternative Uses
Best Use
Office B
$1.22M
$1.07M – $1.43M
NOI $85,523 @ 7.0% cap · market cap 5.35%
Second Best
Healthcare Medical
$1.10M
$964.6K – $1.29M
NOI $77,170 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,408 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
910
Businesses Nearby
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Business Placement
Demographics for 92410, CA
51,651
Population
14,325
Households
3.6
Avg Household Size
30
Median Age
6%
College-Educated
66%
High-School Grad
8.2 sq mi
ZIP Area
6,299
Density / Sq Mi
$53,390
Median Household Income
$32,474
Median Earnings
$1,303
Median Rent
$273,700
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
NNN property - Western Dental occupies the property under a corporate lease with one extension option.
Where is this nnn property located?
The property is located at 1199 N E St San Bernardino, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Western Dental & Orthodontics is the current tenant; Lease is signed by the corporate tenant; Approximately 1 year remains on the initial term
