Steve Chang Of Chang Investment Group Represents Buyer In San Bernardino Office Sale For $12.95M
SOLD
$12,950,000
California
See Similar DealsOffice50,082 SF
Sold 11/21/2025
SOLD
Steve Chang Of Chang Investment Group Represents Buyer In San Bernardino Office Sale For $12.95M
265 East 4th Street
See Similar DealsOffice50,082 SF
Sold 11/21/2025
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$258
Total Square Footage:50,082 SF
Transaction Type:Sale
The property located at 265 East 4th Street in San Bernardino is an office asset that recently transacted for $12,950,000. This property encompasses a total square footage of 50,082, with a price per square foot calculated at $258.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $12,950,000
- Square Footage: 50,082
- Price per Square Foot: $258
- Address: 265 East 4th Street
- Market: San Bernardino
- Broker: Steve Chang - Chang Investment Group
Steve Chang represented the buyer in this transaction, successfully facilitating the acquisition of the investment property with a long-term lease in place occupied by an AA+ credit tenant. Additionally, gratitude was expressed towards the seller and Bill Asher of HIG for their collaboration and support during the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$690,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$46,008.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$61,389.61
Annual Debt Service$736,675.28
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