Light Industrial Warehouse with
For Sale
$820,000
758 S Foisy Street, San Bernardino, CA 92408
Warehouse space includes a private office, unisex restroom, and a fully equipped cafe/break area.
Property Size1,800 SF
Price / SF$455.56
Days on Market32
Property Features for 758 S Foisy Street
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Mixed Use
Amenities
café/break area
metal storage container
Building Details
Building Size
1,800 SF
Year Built
2021
Listing Agency:
H & R REALTY
(626) 945-8313
Listed By:
HECTOR MORENO · License #01888561
Source:
Camdenmckayre
Added: Jul 24
Changed: Aug 23
Last Checked: Aug 23 at 4:38AM
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 H & R REALTY
Investment Insights
Based on property information with market context.
This light industrial property offers approximately 1,800 sq. ft. of warehouse space with a private office and a unisex restroom. Interior improvements also include a fully equipped cafe/break area with kitchen cabinetry and a refrigerator.
Additional on-site storage includes an empty, ready-to-use metal storage container. The overall setup is designed to support a range of light industrial, warehouse, contractor, or service-related business uses with functional workspace and immediate occupancy potential.
With office and break amenities already in place, the property provides a practical configuration for day-to-day operations where warehouse space and on-site employee convenience are both required.
Additional on-site storage includes an empty, ready-to-use metal storage container. The overall setup is designed to support a range of light industrial, warehouse, contractor, or service-related business uses with functional workspace and immediate occupancy potential.
With office and break amenities already in place, the property provides a practical configuration for day-to-day operations where warehouse space and on-site employee convenience are both required.
Key Highlights
- 2021‑built light industrial warehouse with approximately 1,800 sq. ft. of warehouse space
- Includes a private office and a unisex restroom
- Fully equipped cafe/break area with kitchen cabinetry and a refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,788
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$615,760
$615.8K
Cap Rate 7%
$439,829
$439.8K
Cap Rate 9%
$342,089
$342.1K
Market Conditions
NOI Build-Up for 1,800 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$45.4K $25.20/SF
− Vacancy
−$4.3K −$2.39/SF
EGI
$41.1K $22.81/SF
− OpEx
−$10.3K −$5.70/SF
NOI
$30.8K $17.10/SF
Area
San Bernardino, CA
Vacancy
9.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$615,760
Cap Rate 7%
$439,829
Cap Rate 9%
$342,089
Alternative Uses
Best Use
Office B
$439.8K
$384.9K – $513.1K
NOI $30,788 @ 7.0% cap · market cap 3.75%
Second Best
Flex RnD
$335.0K
$293.2K – $390.9K
NOI $23,452 @ 7.0% cap · market cap 2.86%
Theoretical Best
Office A
$542.1K
$474.3K – $632.5K
NOI $37,947 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
690
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Warehouse space includes a private office, unisex restroom, and a fully equipped cafe/break area.
Where is this flex space located?
The property is located at 758 S Foisy Street San Bernardino, CA.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: 2021‑built light industrial warehouse with approximately 1,800 sq. ft. of warehouse space; Includes a private office and a unisex restroom; Fully equipped cafe/break area with kitchen cabinetry and a refrigerator
