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Industrial Flex and Retail Building
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741 S ALLEN ST, San Bernardino, CA 92408

For-sale industrial, mixed-use flex and retail building built in 2006 totaling 10,841 SF.

Property Size10,841 SF
Price / SF$221.23
Days on Market151

Property Features for 741 S ALLEN ST

General Information

Standard status Active
Size 10,841 SF
Class B
Property subtype Industrial

Site & Location

Neighborhood Orange Show

Building Details

Year Built 1988
Buildings 1
Stories 1
Units 1
Listing Agency: Escondido Enterprises
Listed By: Chris L'Allier · License #CA 1710022
Source: Crexi
Added: May 26 Changed: Oct 8 Last Checked: Oct 23 at 6:28AM

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 Escondido Enterprises

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Investment Insights

Based on property information with market context.

This for-sale industrial flex and mixed-use building includes retail space and totals 10,841 SF. The property was built on 09/01/2006 and is offered as a flexible commercial asset that can support a combination of industrial and retail uses within one structure.

The listing is located at 741 S Allen St in San Bernardino, CA 92408. The public remarks reflect an industrial, mixed-use, and retail configuration, aligning with the property’s stated flex space and warehouse classifications.

With a single combined footprint of 10,841 SF, the building is structured for tenants seeking space that blends industrial functionality with retail-oriented space.

Key Highlights

  • Built in 2006, industrial, mixed‑use flex and retail building
  • Total building size: 10,841 SF

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$141,249
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,824,980 $2.8M
Cap Rate 7%
$2,017,843 $2.0M
Cap Rate 9%
$1,569,433 $1.6M
Market Conditions
NOI Build-Up for 10,841 SF
Gross rent
$234.2K $21.60/SF
− Vacancy
−$16.9K −$1.56/SF
EGI
$217.3K $20.04/SF
− OpEx
−$76.1K −$7.02/SF
NOI
$141.2K $13.03/SF
Area
San Bernardino, CA
Vacancy
7.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,824,980
Cap Rate 7%
$2,017,843
Cap Rate 9%
$1,569,433

Alternative Uses

Best Use
Flex RnD
$2.02M
$1.77M – $2.35M (±1% cap)
NOI $141,249 @ 7.0% cap · market cap 5.89%
Second Best
Warehouse
$1.72M
$1.51M – $2.01M (±1% cap)
NOI $120,535 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$3.26M
$2.86M – $3.81M (±1% cap)
NOI $228,546 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Natures Best Garment ... (Bike/Boat/Book/etc) Store Tire And Wheel Outlet ... Auto Parts Store California Wheel Distributors Auto Repair Shop

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Veterinary Clinic Plumbing Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

945
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Doña Petra tacos and Birria — 387-413 W Orange Show Rd, San Bernardino, CA 92408
  • Catering Design — 428 S Pershing Ave, San Bernardino, CA 92408
  • 1Elite Catering — 428 S Pershing Ave, San Bernardino, CA 92408

Frequently Asked Questions

What type of property is this?
Flex space - For-sale industrial, mixed-use flex and retail building built in 2006 totaling 10,841 SF.
Where is this flex space located?
The property is located at 741 S ALLEN ST San Bernardino, CA.
What is the asking price?
The asking price for this property is $2,398,384.
What are key features of this property?
This property features: Built in 2006, industrial, mixed‑use flex and retail building; Total building size: 10,841 SF
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