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16 E Fern Ave
Redlands, CA 92373
16 E Fern Ave · Office Property For Sale


Investment Highlights
- 100% Leased Medical Office Campus
- Close to Retail/Restaurants
- Premier Redlands Location
- Close to I-10 Freeway
Executive Summary
Institutional-Quality Medical Office Investment with Stable Cash Flow and Long-Term Value Creation Potential. Redlands Professional Building presents the opportunity to acquire a fully leased medical office campus strategically located within one of the Inland Empire’s most established healthcare submarkets. The Property combines durable in-place income with multiple avenues for future value creation, making it well-suited for both private and institutional investors seeking stable medical office exposure, as well as
owner-users looking to establish a long-term presence in the Redlands medical corridor. The Property is 100% leased to a complementary mix of medical and professional healthcare tenants, providing immediate, predictable cash flow supported by the resilient fundamentals of the medical office sector. Its proximity to major regional healthcare providers, established physician networks, and surrounding population growth continues to reinforce tenant demand and long-term occupancy. Beyond its stabilized income profile, the Property offers investors the opportunity to enhance value through strategic asset management initiatives, including mark-to-market lease renewals, operational efficiencies, and targeted capital improvements. These characteristics position the asset to generate both current yield and long-term appreciation. Additionally, the campus presents a compelling opportunity for future owner-users. Existing tenancy allows a purchaser to generate income while developing a phased occupancy strategy as leases
mature, significantly reducing the effective cost of ownership and providing flexibility for future expansion. Medical office campuses of this scale, occupancy, and location rarely become available in Redlands, offering investors the opportunity to acquire a defensive healthcare asset with strong underlying real estate fundamentals and meaningful long-term upside.
owner-users looking to establish a long-term presence in the Redlands medical corridor. The Property is 100% leased to a complementary mix of medical and professional healthcare tenants, providing immediate, predictable cash flow supported by the resilient fundamentals of the medical office sector. Its proximity to major regional healthcare providers, established physician networks, and surrounding population growth continues to reinforce tenant demand and long-term occupancy. Beyond its stabilized income profile, the Property offers investors the opportunity to enhance value through strategic asset management initiatives, including mark-to-market lease renewals, operational efficiencies, and targeted capital improvements. These characteristics position the asset to generate both current yield and long-term appreciation. Additionally, the campus presents a compelling opportunity for future owner-users. Existing tenancy allows a purchaser to generate income while developing a phased occupancy strategy as leases
mature, significantly reducing the effective cost of ownership and providing flexibility for future expansion. Medical office campuses of this scale, occupancy, and location rarely become available in Redlands, offering investors the opportunity to acquire a defensive healthcare asset with strong underlying real estate fundamentals and meaningful long-term upside.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,871 SF
Building Class
C
Year Built
1961
Price
$2,500,000
Price Per SF
$425.82
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,871 SF
Building FAR
0.19
Lot Size
0.72 AC
Zoning
Medical/Office Building - General Office/Medical Building
Amenities
- Signage
- Wheelchair Accessible
- Reception
- Smoke Detector
Property Taxes
| Parcel Number | 0173-051-23 | Improvements Assessment | $591,151 |
| Land Assessment | $272,537 | Total Assessment | $863,688 |
Property Taxes
Parcel Number
0173-051-23
Land Assessment
$272,537
Improvements Assessment
$591,151
Total Assessment
$863,688
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