406 Vanderbilt Way San Bernardino, CA 92408
This exceptional 10,147 square foot Class B medical office building presents a unique investment opportunity in San Bernardino, CA. Located within the Summit at Tri-City office park, this two-story, 2006-built property sits on a 5,358 square foot lot (APN 0281-341-23) and is currently vacant, ready for immediate occupancy. The building offers 25 parking spaces and benefits from its strategic location near five hospitals, making it highly desirable for medical practices. The convenient location provides easy access to a variety of amenities, including popular restaurants like In-N-Out Burger, Olive Garden, and Café Organics, as well as several fitness centers such as Planet Fitness, Esporta Fitness, and 24-Hour Fitness. The property is zoned PFC. San Bernardino's office vacancy rate is at a record low of 5.5% (Q3 2024), with strong demand driven by government and medical tenants. The Inland Empire's growing population (4.7 million residents) and high proportion of retirees create significant demand for healthcare services and related real estate. This presents a compelling opportunity for owner-users or investors seeking a prime medical office space in a thriving market. The asking price is $2,500,000.
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Suncor Care Nursing Home Retirement Community
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Dr. Robert Yang, MD Physician
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Nassar Nicholas E MD Physician
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Nicolas Nassar MD Physician
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GREGORY DAHLQUIST Pediatrician Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.