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Multi-Tenant Office Building
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686 E Mill Street, San Bernardino, CA 92415

Office building currently about 47% occupied, with tenant move-outs scheduled between Jan 1 and Jul 31, 2019.

Property Size33,773 SF
Days on Market122

Property Features for 686 E Mill Street

General Information

Standard status Active
Size 33,773 SF
Property subtype Office, Industrial, Mixed Use, Special Purpose
Occupancy 47%

Additional Details

Cap Rate 6%
Listing Agency: Economos Dewolf
Listed By: Geoff DeWolf · License #01319312
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 5:04AM

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 Economos Dewolf

Investment Insights

Based on property information with market context.

The offering consists of 686 E Mill St, totaling approximately 133,773 square feet of office space. The property is currently about 47% occupied by two tenants, both of whom are scheduled to vacate between January 1, 2019 and July 31, 2019.

This offering can also be purchased separately, as its own offering is available for 606 & 606B E Mill St totaling approximately 66,664 square feet. The two offerings sit on separate parcels with in-common parking, and the 686 E Mill St offering is presented with a 6.0% cap rate and a projected cash-on-cash ratio over 8% in year two. Please call for the separate sale package.

Key Highlights

  • Total 686 E Mill St office building totaling ±33,773 SF
  • Currently about ±47% occupied; two tenants scheduled to vacate between Jan 1, 2019 and Jul 31, 2019
  • Two separate offerings: 686 E Mill St (±33,773 SF) and 606 & 606B E Mill St (±36,664 SF)

Property Analytics

Current Use

Bonnie Lcsw Aguiar Foster Care Service Senior Citizens Community Center Aging and Disability Resource ... County Government Office Nicole Paredes Foster Care Service Jean Mccarthy Foster Care Service

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Skin Care Clinic Locksmith Carpet & Flooring Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

47%
Occupancy

Location Intelligence

Trade Area within ½ mile

756
Businesses Nearby

Demographics for 92415, CA

2
Population
50
Median Age
0.1 sq mi
ZIP Area
20
Density / Sq Mi

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office building currently about 47% occupied, with tenant move-outs scheduled between Jan 1 and Jul 31, 2019.
Where is this office building located?
The property is located at 686 E Mill Street San Bernardino, CA.
What are key features of this property?
This property features: Total 686 E Mill St office building totaling ±33,773 SF; Currently about ±47% occupied; two tenants scheduled to vacate between Jan 1, 2019 and Jul 31, 2019; Two separate offerings: 686 E Mill St (±33,773 SF) and 606 & 606B E Mill St (±36,664 SF)
(949) 576-2751 Call to check price and availability
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