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1499 E Highland Ave
San Bernardino, CA 92404
County of San Bernardino Regional Medical Ctr · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
30,484 SF
Building Class
B
Year Built/Renovated
1961/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
3.78 AC
Parking
164 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
223’ on E Highland Ave
About 1499 E HIGHLAND AVE , SAN BERNARDINO, CA 92404
CBRE is pleased to present this outstanding single tenant investment opportunity featuring the County of San Bernardino’s Arrowhead Regional Medical Center (ARMC). Recently remodeled in 2018, the property features a new ten-year primary term lease with favorable 2.00% annual rent increases, and replaces the hospitals prior urgent care facility which it had outgrown after more than 20 years, and located just a few blocks away. With a AA and AAA credit ratings from S&P and Fitch, this opportunity offers investors the chance to own a premier rated, government agency lease, doing business in the medical services industry, which is widely believed to be among the most robust and e-commerce resistant investment sectors in real estate.
Property Taxes
| Parcel Number | 0147-271-35 | Improvements Assessment | $10,787,761 |
| Land Assessment | $2,810,439 | Total Assessment | $13,598,200 |
Property Taxes
Parcel Number
0147-271-35
Land Assessment
$2,810,439
Improvements Assessment
$10,787,761
Total Assessment
$13,598,200
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