334 W Third Street

JLL as exclusive advisor is pleased to present 334 W Third Street, San Bernardino, CA - a prime commercial property located in the bustling heart of Downtown San Bernardino. This represents a unique opportunity to acquire a strategically positioned asset within one of California's rapidly growing regions.

Standing at four stories and encompassing 36,482 RSF on a 1.42-acre site, the property currently operates at a 25% occupancy rate, anchored by a ground-floor lease to Wells Fargo. This esteemed tenant adds both brand recognition and stability, with a new lease ensuring day-one cash flow. The building features 108 parking stalls, enhancing accessibility and tenant desirability.

Strategically located, 334 W Third is easily accessible through the nearby 215 freeway and is in close proximity to significant government offices, including the San Bernardino Superior Court and District Attorney’s Office. Such a premier locale fosters high demand from both government and private sectors, further accentuated by the Inland Empire's connectivity to major cities like Rancho Cucamonga and Ontario.

The investment thesis is compelling: the Inland Empire's robust economic growth, coupled with its status as a vibrant logistics and manufacturing hub, supports long-term asset appreciation. The region's low office vacancy rate of 4.8% fortifies demand potential, while affordable living attracts a growing population. The sale offers an opportunity for stable income with substantial upside through leasing potential, supported by an economic environment poised for continued expansion.