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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
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.
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PROPERTY TAXES
Parcel Number | 0147-271-35 | Improvements Assessment | $14,894,348 |
Land Assessment | $3,880,291 | Total Assessment | $18,774,639 |
PROPERTY TAXES
Listing ID: 13120486
Date on Market: 2018-07-10
Last Updated:
Address: 1499 E Highland Ave, San Bernardino, CA 92404
The Retail Property at 1499 E Highland Ave, San Bernardino, CA 92404 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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