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33227635
33227637

150 East Holt Boulevard, Ontario, CA 91762

RB
CA CA 01826517
Lee & Associates San Diego - Carlsbad
JN
CA CA 02205115
NNN Investment Group
Listed by Lee & Associates San Diego - Carlsbad, NNN Investment Group
Unpriced
8 days on market
Updated 7 days ago
Opportunity zone

San Bernardino Public Healthcare Center

Details
Property Type Office, Mixed Use (+1)
Sub Type Traditional Office, Executive Office (+1)
Square Footage 58,000
NOI $1,178,414
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 10
Lease Expiration 07/01/2035
Remaining Term 8.8
Rent Bumps Yes
Class A
Year Built 2014
Buildings 1
Stories 3
Acreage 1.070
Zoning MU-1 – Downtown Mixed Use
Parking Spaces 292 spaces
Parking Per SqFt 5.03
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 08/01/2024
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange

Medical Office | Public Healthcare Center (S&P:”AA+”) | 58,000 SF

Marketing description

Lee & Associates and WeTrust Realty are pleased to present the exclusive opportunity to acquire the fee simple interest in the San Bernardino Public Healthcare Center, a mission-critical public health facility located at 150 N. Holt Blvd in Ontario, California. The 58,000-square-foot institutional-quality medical building was constructed in 2014 and sits on approximately 1.07 acres in the heart of Downtown Ontario’s Civic and Business District. The three-story asset is leased to the San Bernardino County Department of Public Health, providing investors with stable government-backed income supported by the County’s strong AA+ credit profile. Purpose-built for essential healthcare and laboratory operations, the property features highly specialized medical infrastructure including sterile environments, climate-controlled rooms, advanced air circulation systems, and specialized research facilities that create substantial barriers to tenant relocation and replacement.

Strategically positioned near Euclid Avenue with immediate access to Interstate 10 and Interstate 60, the property benefits from exceptional regional connectivity throughout the Inland Empire and Greater Southern California markets. The asset is located within walking distance to the Ontario Amtrak Station and approximately seven minutes from Ontario International Airport, one of the region’s fastest-growing transportation hubs. Surrounded by government offices, healthcare providers, retail amenities, and established commercial activity, the property is centrally located within a dense and expanding trade area that supports long-term tenant demand. The site also benefits from MU-1 Downtown Mixed Use zoning, providing long-term flexibility and additional value to the underlying real estate. Nearby healthcare facilities include Kindred Hospital Ontario, Chino Valley Medical Center, Pomona Valley Hospital Medical Center, and Kaiser Permanente Ontario Medical Center.

Ontario and the broader Inland Empire continue to experience strong population and employment growth driven by affordability relative to coastal California markets, expanding logistics and healthcare sectors, and significant infrastructure investment throughout the region. Within a five-mile radius of the property, the population exceeds 425,000 residents with more than 228,000 employees and over $11.5 billion in annual consumer expenditures. The property’s irreplaceable nature, modern construction, dedicated parking infrastructure including a 252-space adjacent parking structure, and long-term government tenancy position the asset as a premier net leased healthcare investment with inflation-resistant cash flow and exceptional long-term stability.

Investment highlights

  • Public Healthcare Facility Investment – Leased to the County of San Bernardino (AA+ Credit Rating) – 10 Year Lease Term
  • Essential Medical Research Facility Use Provides Long-Term Stability and Limited Relocation Risk
  • Strategic Downtown Location – Walking Distance to Amtrak Station – Approx. 8 minutes to Ontario Int’l Airport – Convenient Access to I-10 & 1-60 Freeways – Located in an Opportunity Zone
  • Rare Standalone Medical Building – Built-to-Suit Configuration Ideal for Single-Tenant or Multi Occupancies
  • Government Lease Security – Leased to a Government-Affiliated Medical Research Tenant, Providing Investment-Grade Security and Long-Term Lease Stability

Listing Contacts

RB
CA CA 01826517
Lee & Associates San Diego - Carlsbad
JN
CA CA 02205115
NNN Investment Group
Listed by Lee & Associates San Diego - Carlsbad, NNN Investment Group

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$1,178,414.00
$98,201.17/mo

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Additional Information

Name
Ryan Bennett
License
CA 01826517
Brokerage
Lee & Associates
Brokerage Phone
7609299700
Title
California
Brokerage Address
1902 Wright Place
Name
Jake Neufeld
License
CA 02205115
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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