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Airport Office Center 225 E Airport Dr

14,676 SF 75% Leased Office Building San Bernardino, CA 92408 £2,445,900 (£167/SF) 6.99% Net Initial Yield

Investment Highlights

  • Seller(s) will review reasonable written offers at this time. Due to the dissolution of the partnership, this asset must be sold.

Executive Summary

Contact broker at roger@tcreis.com for OM and I/E Report. (Rent-able square footage is approximately (+/-) 15,359 sq. ft.).
Due to the dissolution of the partnership, this asset must be sold. Seller(s) will review reasonable written offers at this time.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
14,676 SF
Building Class
B
Year Built
1978
Price
£2,445,900
Price Per SF
£167
Net Initial Yield
6.99%
NOI
£170,976
Percent Leased
75%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
7,338 SF
Slab to Slab
11 ft
Building FAR
0.29
Land Acres
1.18 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
CR3 - Commercial Retail
Parking
75 Spaces (5.11 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard
  • High Ceilings
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • advanced womens health
  • Health Care and Social Assistance
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • poni md
  • Health Care and Social Assistance
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
advanced womens health Health Care and Social Assistance - $9.99 Lorem Ipsum Jan 0000
poni md Health Care and Social Assistance - $9.99 Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 230
  • 1,840 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste 240
  • 931 SF
  • Office
  • Full Build-Out
  • Now

1 Private Office and the rest of the area is open plan

  • 2nd Fl-Ste 250
  • 857 SF
  • Office
  • Full Build-Out
  • Now

2 private offices, with a large reception desk area and lobby.

Space Size Space Use Condition Available
2nd Fl-Ste 230 1,840 SF Office Full Build-Out Now
2nd Fl-Ste 240 931 SF Office Full Build-Out Now
2nd Fl-Ste 250 857 SF Office Full Build-Out Now

2nd Fl-Ste 230

Size
1,840 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 240

Size
931 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 250

Size
857 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 240

Size 931 SF
Space Use Office
Condition Full Build-Out
Available Now

1 Private Office and the rest of the area is open plan

2nd Fl-Ste 250

Size 857 SF
Space Use Office
Condition Full Build-Out
Available Now

2 private offices, with a large reception desk area and lobby.

Links

1 of 1

PROPERTY TAXES

Parcel Number 0141-412-32 Improvements Assessment £786,995
Land Assessment £349,775 Total Assessment £1,136,770

PROPERTY TAXES

Parcel Number
0141-412-32
Land Assessment
£349,775
Improvements Assessment
£786,995
Total Assessment
£1,136,770
(909) 222-0370

  • Listing ID: 29036622

  • Date on Market: 18/07/2023

  • Last Updated:

  • Address: 225 E Airport Dr, San Bernardino, CA 92408

The Office Property at 225 E Airport Dr, San Bernardino, CA 92408 is currently available For Sale. Contact Thompson Commercial Real Estate Investment Service for more information.

Nearby Listings

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225 E Airport Dr, San Bernardino, CA for sale Building Photo- Image 1 of 7
225 AIRPORT main
225 E Airport Dr, San Bernardino, CA for sale Building Photo- Image 2 of 7
225 AIRPORT Street View 2
225 E Airport Dr, San Bernardino, CA for sale Building Photo- Image 3 of 7
225 Airport Drive Courtyard
225 E Airport Dr, San Bernardino, CA for sale Building Photo- Image 4 of 7
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225 E Airport Dr, San Bernardino, CA for sale Building Photo- Image 5 of 7
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225 E Airport Dr, San Bernardino, CA for sale Plat Map- Image 6 of 7
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© 2024 CoStar Group

Airport Office Center | 225 E Airport Dr
(909) 222-0370 x

Airport Office Center | 225 E Airport Dr

Roger Thompson

(909) 222-0370

(909) 222-0370

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