Freestanding NNN Restaurant
For Sale
Contact for pricing
2895 N Waterman Ave, San Bernardino, CA 92404
Leased Mexican grill with drive-thru-oriented design and a 15-year primary lease term.
Property Size2,336 SF
Price / SF$1,356
Days on Market11
Property Features for 2895 N Waterman Ave
General Information
Standard status
Active
Size
2,336 SF
Property subtype
Retail
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$182,208
Site & Location
Traffic Count
124,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
2025
Buildings
1
Tenancy
Single
Listing Agency:
Value Net Lease Partners
Listed By:
Alec Aoki · License #02249337
Source:
Crexi
Added: Jul 27
Changed: Aug 4
Last Checked: Aug 5 at 8:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Value Net Lease Partners
Investment Insights
Based on property information with market context.
This freestanding NNN restaurant property is occupied by Zendejas Takeout Mexican Grill, an Inland Empire brand with more than 40 years of operating history. Completed in 2025, the 2,336-square-foot building was developed as a built-to-suit restaurant with a drive-thru-focused layout, modern architecture, premium finishes, and updated infrastructure.
The property is located at 2895 N Waterman Ave in San Bernardino, California, with positioning off I-210 and visibility to reported daily vehicle traffic exceeding 124,000. More than 285,000 residents are reported within a 5-mile radius, with schools, healthcare facilities, and public services in the surrounding area.
The lease includes a 15-year primary term with contractual guarantees. The asset combines a freestanding restaurant building, an established operating tenant, and a newly completed physical plant in a single NNN property.
The property is located at 2895 N Waterman Ave in San Bernardino, California, with positioning off I-210 and visibility to reported daily vehicle traffic exceeding 124,000. More than 285,000 residents are reported within a 5-mile radius, with schools, healthcare facilities, and public services in the surrounding area.
The lease includes a 15-year primary term with contractual guarantees. The asset combines a freestanding restaurant building, an established operating tenant, and a newly completed physical plant in a single NNN property.
Key Highlights
- 2,336 SF freestanding restaurant building completed in 2025
- Leased to Zendejas Takeout Mexican Grill
- 15‑year primary lease term with contractual guarantees
Property Analytics
Current Use
Lease Details
124,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,451
Businesses Nearby
102k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 45%
Starbucks
Dining
24,989 visits/mo
0.4 miles
Circle K
Shops & Services
16,062 visits/mo
0.4 miles
Denny's
Dining
14,253 visits/mo
0.4 miles
Family Dollar
Shops & Services
11,714 visits/mo
0.3 miles
Baker's Drive Thru
Dining
10,330 visits/mo
0.0 miles
Demographics for 92404, CA
64,270
Population
19,403
Households
3.3
Avg Household Size
31
Median Age
10%
College-Educated
72%
High-School Grad
31.6 sq mi
ZIP Area
2,034
Density / Sq Mi
$66,173
Median Household Income
$36,237
Median Earnings
$1,386
Median Rent
$383,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Leased Mexican grill with drive-thru-oriented design and a 15-year primary lease term.
Where is this nnn property located?
The property is located at 2895 N Waterman Ave San Bernardino, CA.
What is the asking price?
The asking price for this property is $3,168,834.
What are key features of this property?
This property features: 2,336 SF freestanding restaurant building completed in 2025; Leased to Zendejas Takeout Mexican Grill; 15‑year primary lease term with contractual guarantees
