1254, 1264, & 1274 South Waterman Ave
San Bernardino, CA 92408 ·
24,341 SF · Office For Sale
Valley Business Park
|Building Size||24,341 SF||No. Stories||1|
|Property Type||Office||Building Class||B|
|Property Sub-type||Office-Business Park||Tenancy||Multiple|
|Property Use Type||Investment||Year Built||1984|
|Cap Rate||6.69%||Lot Size||2.56 AC|
|Listing ID: 14631223||Date Created: 05/22/2006||Last Updated: 08/07/2007|
******** $800,000 PRICE REDUCTION*********
The Valley Business Park is an operating business park uniquely conceived to cater to small business firms. Buildings 1264 A and 1274 Waterman were built approximately in 1984, buildings 1264 B & C were built in 2002, and 1254 A, B, & C were constructed by December of 2004. Each office is private, individually metered and designed to accommodate one or two desks and furniture. Every suite is equipped with a wall unit air conditioner, and share a total of 6 common area restrooms. This concept has been so successful that the existing buildings are 100% occupied and they have already pre-rented several units in the new phase III development.
Close Proximity to 10 & 215 Freeways, Directly South of the property is the San Bernardino Golf Club and the 153 Acre Tri-City Development, 20 minute from Ontario International Airport, Inland Empire is Forecasted to Out Grow all but 5 States in the Next 10 Years.
- Proforma CAP 7.69%
- Year Built 1984 & 2004
- Over 50% of Buildings are 2003 & 2004 Construction
- Great Location!
- High Demand Office Space
- Unique Deal with Very Limited Competition
1254, 1264, & 1274 South Waterman Ave, San Bernardino, CA 92408 (San Bernardino County)
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