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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    1003 Waterman Ave, San Bernardino, CA 92410

    148,573 SF 17.28 ac lot
    Entity Owned 5-yr Hold
    Property ID
    US10-0670866
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents a 22,100 square foot former 99 Cents Store space within the 148,573 square foot Waterman Ave Shopping Center in San Bernardino, CA. Located on a prominent corner at two signalized intersections on Waterman Avenue and 9th Street, the property benefits from high visibility and exceptional traffic counts exceeding 40,721 vehicles per day, further enhanced by its proximity to the I-215 Freeway (149,088 VPD). The space offers ample monument signage and unobstructed views from Waterman Avenue. The shopping center itself sits on nearly 18 acres (17.28 acres) and is anchored by the Waterman Discount Mall, attracting a diverse range of local and national businesses. The property's strategic location within San Bernardino provides access to a substantial consumer base, with over 153,987 people residing within a 3-mile radius and 349,409 within a 5-mile radius. The area is further enhanced by the nearby Waterman Gardens Redevelopment Project, a planned 400+ unit affordable housing community with comprehensive social services. The property is zoned for Mixed Use within San Bernardino County (zip code 92410). This space is ideal for a variety of retail uses and presents a unique opportunity to establish a strong presence in a thriving market. The property is a single-tenant space.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 148,573 SF
    Lot 17.28 ac (752,717 SF)
    UPID US10-0670866
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • 99 Cents Only Stores Discount Store
    • Harold Willis Enterprises Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    D&z Properties LLC · 5 yrs held
    D&z Properties LLC
    since 2020
    4 recorded transactions
    2026
    2020
    $8.5M
    2019
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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