LOW $/PSF – BELOW REPLACEMENT COST

The modern façade, 17,307- SF buildings are being offered at well-below replacement cost  ($170/PSF).

 

LOCATED IN OPPORTUNITY ZONE - TAX INCENTIVE GROWTH

The building is located within a federally approved designated Opportunity Zone.  Investments made by individuals through special funds in Opportunity Zones allow individuals to defer or eliminate federal taxes on capital gains.

 

RESIDENTIAL & COMMERCIAL PROXIMITY

Located right cross the street from the Inland Center, a mall in the heart of San Bernardino that draws in over 550,000 visitors annually and is the area’s premier destination for shopping and dining.

 

EXCEPTIONAL RENT AND CASH FLOW GROWTH

The increases built into the leases (2% and 4% annual increases) provide the Landlord with exceptional growth in cash flow over the hold period.

 

GREAT VISIBILITY AND TRAFFIC COUNTS

Boasting over 118 feet of frontage on E Street Blvd (+27,000 CPD), the primary building benefits from visibility and the synergy provided by the surrounding retailers.

 

VALUE-ADD

This offering gives an investor the opportunity to increase cash flow by converting Elliott’s Pet Emporium’s gross lease to a NNN lease and bringing its below-market rents to fair market value.

 

DENSE, SOUTHERN CALIFORNIA DEMOGRAPHICS

• Over 124,000 people within a 3-mile radius and average household income exceeding $64,000.

• Over 339,000 people within a 5-mile radius and average household income exceeding $74,000.