1003 Waterman Ave, San Bernardino, CA 92410
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.
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99 Cents Only Stores Discount Store
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Harold Willis Enterprises Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.