265 East 4th Street, San Bernardino, CA

Property Type Office - Government Office
Property Size 50,082 SF
Lot Size 4.62 Acre
Parking Spaces Avail. 430
Parking Ratio 8.60/ 1,000 SF
Property Tenancy Single Tenant
Building Class B
Year Built 2008

Location

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Street

City San Bernardino, CA
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Zip Code 92415
Market Inland Empire

Contacts

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Owner

True Owner
Registered Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

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Documents

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Sales

Purchase Date 26 Jun, 2020
Purchase Price
Arm's Length True
Buyer Name

Mortgages

Current Lender
Loan Amount
Loan Origination Date

Market Trends

Average Actual Rents in San Bernardino

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in San Bernardino Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $20.83
2020 Office Vacancy Rate 12.06%
2020 Office Completions (SF)

San Bernardino Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

2020 Avg. Price per SF $117.27
2020 Office Sales Volume $29.2M
2020 Number of Transactions 4

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Tax

Property Tax in 2021-2022 $178,156
Market Value* $13,589,342
Assessed Value $13,589,342

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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 265 East 4th Street?

265 East 4th Street totals 50,082 square feet.

When was this property built?

265 East 4th Street was built in 2008.

When was 265 East 4th Street last sold?

265 East 4th Street was last sold on 26 Jun, 2020.

What is the property tax for 265 East 4th Street?

The property tax for 265 East 4th Street in 2021-2022 was $178,156.

What is the market value for 265 East 4th Street?

The market value* for 265 East 4th Street in 2021-2022 was $13,589,342.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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