$23,000,000
For Sale

150 E Holt Boulevard

Ontario, CA 91761
0.46 acres | #IV25178182
Listing OfficeDAUM COMMERCIAL RE SERVICES
Browse 20 photos
Type:Purchase
Structure:Office
Zone:Commercial

Description

We are pleased to present a rare investment opportunity: a fully leased, AA+ credit tenant,<br />medical / office property with a secure, long-term, tenant. This 58,000 sq. ft., three-story<br />building was developed in 2014 as a build-to-suit for the County of San Bernardino and has<br />been continuously occupied by them since.<br />The property is leased to the County under four separate, co-terminus, lease agreements,<br />all expiring in August 2035—providing over 10 years of remaining firm term. The tenant,<br />the County Department of Public Health, operates the facility as the Ontario Health Center,<br />housing four public health divisions<br />Custom tenant improvements include: a negative pressure laboratory, four, fully equipped<br />dental stations, 20 exam rooms, three patient waiting areas, radiology with lead-lined walls,<br />and four additional negative pressure rooms in the clinic.<br />• A two-ton generator (owned and included in the sale) can power critical operations during<br />a power outage and is maintained by the County.<br />• Enhanced security with two full-time guards during business hours and patrols covering<br />both the building and adjacent parking structure.<br />• Additional amenities include a 6-cubicle call center, multiple conference rooms, break<br />rooms on each floor, over 20 restrooms, and two medication storage rooms.<br />This facility was purpose-built to County specifications, in a location specifically selected to<br />serve regional residents. Given the unique and costly tenant improvements and mission critical use, the County is strongly incentivized to remain beyond the current lease term.<br />This is a secure, high-credit, long-term investment opportunity—an ideal fit for the investor<br />seeking stable, low-risk cash flow.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • CountySan Bernardino
      • Original List Price$23,000,000
      • MLS #IV25178182
      • MLS #IV25178182
      • Property TypePurchase
      • Cost23000000
      • Acres0.4614
      • Utility SourcePublic
      • Property SubtypeOffice
      • Year Built2014
      • Stories3

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
OR

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