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Waterman Ave. Shopping Center 905-1055 N Waterman Ave

2,500 - 136,590 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 (4)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 20,000-104,000 SF
  • -
  • Negotiable
  • $12.00 /SF/YR $1.00 /SF/MO $1,248,000 /YR $104,000 /MO
  • Triple Net (NNN)
999 N Waterman Ave - 1st Floor
Space Use
Retail
Condition
Partial Build-Out
Availability
July 01, 2025
  • 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
  • 1st Floor
  • 20,090 SF
  • 20’ - 24’
  • Negotiable
  • $13.20 /SF/YR $1.10 /SF/MO $265,188 /YR $22,099 /MO
  • Triple Net (NNN)
1003 N Waterman Ave - 1st Floor
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Second Generation Mid-Box Retail Space Needing Renovation

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Space In Need of Renovation
  • 1 Loading Dock
  • Anchor Space
  • Central Air Conditioning
  • Private Restrooms
  • Freezer Space
  • Security System
  • Closed Circuit Television Monitoring (CCTV)
  • Corner Space
  • High Ceilings
  • Finished Ceilings: 20’ - 24’
  • Wheelchair Accessible
  • Second Generation Mid-Box Retail Space (22,100 SF)
  • High Visibility, Sitting at 36,252 Intersection
  • Excellent Access with 11 Points of Ingress/Egress
  • Monument Signage and Unobstructed View
  • Impressive 1.3M Annual Visits
  • Strong Population Density & Daytime Employment
  • 1st Floor
  • 10,000 SF
  • -
  • 3-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
N Waterman Ave - 1st Floor
Space Use
Retail
Condition
Partial Build-Out
Availability
April 01, 2025
  • Partially Built-Out as Standard Retail Space
  • 1st Floor
  • 2,500 SF
  • -
  • 3-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
N Waterman Ave - 1st Floor
Space Use
Retail
Condition
Partial Build-Out
Availability
April 01, 2025
  • Partially Built-Out as Standard Retail Space
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 20,000-104,000 SF - Negotiable $12.00 /SF/YR $1.00 /SF/MO $1,248,000 /YR $104,000 /MO Triple Net (NNN)
1st Floor 20,090 SF 20’ - 24’ Negotiable $13.20 /SF/YR $1.10 /SF/MO $265,188 /YR $22,099 /MO Triple Net (NNN)
1st Floor 10,000 SF - 3-10 Years Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor 2,500 SF - 3-10 Years Upon Request Upon Request Upon Request Upon Request Negotiable

999 N Waterman Ave - 1st Floor

Size
20,000-104,000 SF
Ceiling
-
Term
Negotiable
Rental Rate
$12.00 /SF/YR $1.00 /SF/MO $1,248,000 /YR $104,000 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
July 01, 2025

  • 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

1003 N Waterman Ave - 1st Floor

Size
20,090 SF
Ceiling
20’ - 24’
Term
Negotiable
Rental Rate
$13.20 /SF/YR $1.10 /SF/MO $265,188 /YR $22,099 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Second Generation Mid-Box Retail Space Needing Renovation

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Space In Need of Renovation
  • 1 Loading Dock
  • Anchor Space
  • Central Air Conditioning
  • Private Restrooms
  • Freezer Space
  • Security System
  • Closed Circuit Television Monitoring (CCTV)
  • Corner Space
  • High Ceilings
  • Finished Ceilings: 20’ - 24’
  • Wheelchair Accessible
  • Second Generation Mid-Box Retail Space (22,100 SF)
  • High Visibility, Sitting at 36,252 Intersection
  • Excellent Access with 11 Points of Ingress/Egress
  • Monument Signage and Unobstructed View
  • Impressive 1.3M Annual Visits
  • Strong Population Density & Daytime Employment

N Waterman Ave - 1st Floor

Size
10,000 SF
Ceiling
-
Term
3-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Partial Build-Out
Availability
April 01, 2025

  • Partially Built-Out as Standard Retail Space

N Waterman Ave - 1st Floor

Size
2,500 SF
Ceiling
-
Term
3-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Partial Build-Out
Availability
April 01, 2025

  • Partially Built-Out as Standard Retail Space

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
  • 66
  • Regional
  • Burger King
  • Fast-food
  • 8,936
  • International
  • C Y Lee's Enterprise Inc
  • -
  • 1
  • -
  • Golden $5 Pizza
  • Restaurant
  • 1
  • -
  • Inland Health Organization Of Southern California
  • -
  • 1
  • -
  • KFC
  • Fast-food
  • 5,256
  • International
Tenant Description US Locations Reach
Alberto's Mexican Food Restaurant 66 Regional
Burger King Fast-food 8,936 International
C Y Lee's Enterprise Inc - 1 -
Golden $5 Pizza Restaurant 1 -
Inland Health Organization Of Southern California - 1 -
KFC Fast-food 5,256 International

PROPERTY FACTS FOR 905-1055 N Waterman Ave , San Bernardino, CA 92410

Min. Divisible 2,500 SF
Center Type Community Center
Parking 961 Spaces
Stores 14
Center Properties 9
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
Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Checkers Insurance
Stater Bros Markets
Krispy Krunchy Chicken
Bank of America
Chase Bank
Smart & Final
  • Listing ID: 22780621

  • Date on Market: 12/19/2024

  • Last Updated:

  • Address: 905-1055 N Waterman Ave, San Bernardino, CA 92410

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