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785 S Lugo Ave

12,400 SF Industrial Building San Bernardino, CA 92408 £2,741,775 (£221/SF)

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Investment Highlights

Fully Paved, Striped, Fenced and Secured Site
Very Rare Dock High Loaded Building - Two (2) Dock High Doors

±2,600 SF of Refurbished Office
Rare Heavy Zoning - (IL) per the City of San Bernardino

Executive Summary

Iconic "Giganta Yard" Site-Huge Gated 3/4 Acre Yard With Heavy Zoning. Fully Renovated Offices, Roof, Paved Yard, Landscape. 2 Dock High Positions. 2 Oversized Ground Level Doors. Great Contractor Yard, Corporate HQ, Metal/Steel Site, Truck Yard, Outside Storage, or Fleet Service & Parking Lot. Nearby 10 & 210 Freeway. Current Tenant's Lease Expires April 30, 2025-Under Market Rate of $8,308/Month. Nearby I-10 & I-215 Freeways. Flexible Zoning Allows For Heavier Uses. Great Contractor's Yard, Corporate HQ, Metal/Steel Site, Truck Yard, Outside Storage, or Fleet Service & Parking Lot.

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Property Facts

Price	£2,741,775	Number of Floors	1
Price Per SF	£221	Year Built/Renovated	1962/2020
Sale Type	Investment or Owner User	Tenancy	Single
Property Type	Industrial	Parking Ratio	2/1,000 SF
Property Subtype	Warehouse	Clear Ceiling Height	16 ft
Building Class	C	No. Dock-High Doors/Loading	2
Lot Size	0.69 AC	Level Access Doors	2
Rentable Building Area	12,400 SF	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.

Price	£2,741,775
Price Per SF	£221
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse
Building Class	C
Lot Size	0.69 AC
Rentable Building Area	12,400 SF
Number of Floors	1
Year Built/Renovated	1962/2020
Tenancy	Single
Parking Ratio	2/1,000 SF
Clear Ceiling Height	16 ft
No. Dock-High Doors/Loading	2
Level Access Doors	2
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.