Property profile

1730 E St San Bernardino, CA 92408

OFF-MARKET
Warehouses
21,000 SF 1.38 ac lot Built 1989
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 21,000-square-foot warehouse situated on a 1.38-acre lot in San Bernardino, CA. The property, built in 1989 and zoned CG-1 (Commercial General), boasts seven ground-level roll-up doors, a 14-foot ceiling height, and ample parking (3.6 spaces per 1,000 sq ft). The building includes 2,500 square feet of administrative office space and a 16,000-square-foot warehouse area. Key features include fire sprinklers, a concrete parking lot, and a fenced yard. The property benefits from Interstate 215 freeway visibility and signage. The electrical system comprises a 1000 AMP, 208/120 Volt, 3-phase switchgear. A significant advantage is the existing corporate net lease with Interstate Batteries, featuring a remaining lease term of approximately 2.8 years (expiring 05/29/2027) and 3% annual rent increases. The NOI is $259,200, resulting in a compelling 5.78% cap rate. The asking price is $4,650,000. The property is ideally suited for a 1031 exchange, offering limited landlord responsibilities (tenant responsible for most expenses and maintenance), further enhanced by a new roof installed in 2021 with a warranty. The freestanding nature of the building eliminates potential complexities associated with CC&Rs. APN: 0141-253-05 & 08-0000.

Property profile

Verified
Property type Warehouses
Year built 1989
Total area 21,000 SF
Lot 1.38 ac (60,113 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Parts Store

Location

1730 E St San Bernardino, CA 92408
San Bernardino metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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