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Waterman Ave. Shopping Center 905-1055 N Waterman Ave 20,000 - 104,000 SF of Retail Space Available in San Bernardino, CA 92410
HIGHLIGHTS
- Impressive 1.3M Annual Visits with Consistent Repeat Visits at 4.78 According to Placer AI
- High Visibility Retail Sitting at the Busy 36,252 VPD Intersection of 9th Street and Waterman
- Adjacent to 400+ Unit Multifamily Development
- Anchor & Jr. Anchor Space Available 20,000 - 123,090 SF Available
- Strong Population Density, Daytime Employment, and Consumer Spending (349,409 People within 3 Miles)
- Just Over 1 Mile to I-215 (145,000 VPD) with Excellent Access to the 210 Freeway
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 20,000-104,000 SF | Negotiable | $14.93 CAD/SF/YR $1.24 CAD/SF/MO $1,552,824 CAD/YR $129,402 CAD/MO | Triple Net (NNN) |
999 N Waterman Ave - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Anchor Space
- Central Air Conditioning
- Private Restrooms
- Corner Space
- High Ceilings
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT WATERMAN AVE. SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Alberto's Mexican Food
- Restaurant
- 62
- Regional
- Burger King
- Fast-food
- 8,264
- International
- C Y Lee's Enterprise Inc
- -
- 1
- -
- Golden $5 Pizza
- Restaurant
- 1
- -
- Inland Health Organization Of Southern California
- -
- 1
- -
- KFC
- Fast-food
- 5,129
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Alberto's Mexican Food | Restaurant | 62 | Regional |
| Burger King | Fast-food | 8,264 | International |
| C Y Lee's Enterprise Inc | - | 1 | - |
| Golden $5 Pizza | Restaurant | 1 | - |
| Inland Health Organization Of Southern California | - | 1 | - |
| KFC | Fast-food | 5,129 | International |
PROPERTY FACTS
| Total Space Available | 104,000 SF | Center Properties | 7 |
| Min. Divisible | 20,000 SF | Frontage | 950’ on N Waterman Ave |
| Center Type | Community Center | Gross Leasable Area | 148,563 SF |
| Parking | 961 Spaces | Total Land Area | 17.28 AC |
| Stores | 14 | Year Built | 1969 |
| Total Space Available | 104,000 SF |
| Min. Divisible | 20,000 SF |
| Center Type | Community Center |
| Parking | 961 Spaces |
| Stores | 14 |
| Center Properties | 7 |
| Frontage | 950’ on N Waterman Ave |
| Gross Leasable Area | 148,563 SF |
| Total Land Area | 17.28 AC |
| Year Built | 1969 |
ABOUT THE PROPERTY
Graystone Capital Advisors is pleased to exclusively present the rare opportunity to lease space within the Waterman Ave Shopping Center located in San Bernardino, CA. The 148,573 SF shopping center covers nearly 18 AC on Waterman Ave, running from 9th Street north to Olive Streeting. Sitting at two busy signalized intersections, the property sees an impressive +40,721 VPD & located directly down from the busy 149,088 VPD I-215 Freeway. For prospective tenants, the property offers an Anchor Space and Former 99 Cents Store with space ranging from 8,000 -123,090 SF. The space provides ample monument signage and an unobstructed view from Waterman Avenue. Situated in the heart of one of California’s largest cities, the property boasts an impressive153,987 people within a 3-mile radius and 349,409 people within a 5-mile radius. The active community center fully takes advantage of this massive consumer base, boasting numerous national brands and regional brands. The anchor tenants, the Waterman Discount Mall, provides a home to a diverse mix of local businesses that attract large numbers of local consumers to the property. The property also enjoys close proximity to the Waterman Gardens Redevelopment Project by National CORE which will deliver a +400 affordable housing community that will offer industry-leading wraparound social services including preschool and afterschool programs, family financial training, and senior wellness resources.
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Enclosed Mall
- Drive Thru
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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Waterman Ave. Shopping Center | 905-1055 N Waterman Ave
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