San Bernardino Flex Space
For Sale
Contact for pricing
448 S Pershing Avenue, San Bernardino, CA 92408
7,000 SF flex space available for rent or sale.
Property Size20,620 SF
Days on Market213
Property Features for 448 S Pershing Avenue
General Information
Standard status
Active
Size
20,620 SF
Property subtype
Industrial
Site & Location
Neighborhood
Stadium Way
Building Details
Building Size
20,620 SF
Year Built
1979
Stories
1
Properties For Sale
at 448 S Pershing Avenue
Available Space
Size
7,000 SF
Lease Type
G
For Lease: 7,000 SF, ±680 Office, Part of 20,620 SF Complex Available for Sale, 10 Car Parking, Heavy Commercial Zoning, Clear Span, 12′-14′ Clear Height, 400 Amps, 3 Phase, 3 Wire, 220 Volts (verify), Great Access to 10 & 215 Freeways, Also For Sale 20,620 SF (2-Buildings) part of a Complex
Contact us
Listing Agency:
Daum Commercial
Listed By:
Juan Covarrubias · License #CA 01945028
(909) 652-9055
Source:
Daumcommercial
Added: Apr 3
Changed: Oct 25
Last Checked: Nov 1 at 2:13AM
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 Daum Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property offers approximately 7,000 square feet of flex space. It is part of a larger complex totaling 20,620 square feet. The property is available for rent and also for sale.
Key Highlights
- Approximately 7,000 SF of space.
- Part of a larger 20,620 SF Complex.
- Property is also available for sale.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,044
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,320,880
$1.3M
Cap Rate 7%
$943,486
$943.5K
Cap Rate 9%
$733,822
$733.8K
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$100.8K $14.40/SF
− Vacancy
−$6.5K −$0.92/SF
EGI
$94.3K $13.48/SF
− OpEx
−$28.3K −$4.04/SF
NOI
$66.0K $9.43/SF
Area
San Bernardino, CA
Vacancy
6.40%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,320,880
Cap Rate 7%
$943,486
Cap Rate 9%
$733,822
Alternative Uses
Best Use
Flex RnD
$1.30M
$1.14M – $1.52M
NOI $91,204 @ 7.0% cap · market cap 6,080,266.67%
Second Best
Industrial
$943.5K
$825.6K – $1.10M
NOI $66,044 @ 7.0% cap · market cap 4,402,933.33%
Theoretical Best
Office A
$2.11M
$1.84M – $2.46M
NOI $147,571 @ 7.0% cap · market cap 9,838,066.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,339
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92408, CA
13,488
Population
4,403
Households
3.1
Avg Household Size
32
Median Age
19%
College-Educated
73%
High-School Grad
10.5 sq mi
ZIP Area
1,285
Density / Sq Mi
$63,696
Median Household Income
$32,122
Median Earnings
$1,314
Median Rent
$407,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Catering Design — 428 S Pershing Ave, San Bernardino, CA 92408
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- Eating Like A Kyng by Latune — W 2nd St, San Bernardino, CA 92410
Frequently Asked Questions
What type of property is this?
Flex space - 7,000 SF flex space available for rent or sale.
Where is this flex space located?
The property is located at 448 S Pershing Avenue San Bernardino, CA.
What are key features of this property?
This property features: Approximately 7,000 SF of space.; Part of a larger 20,620 SF Complex.; Property is also available for sale.
