3970-3996 Sierra Way, San Bernardino, CA 92405
13,396 SF | 88% Leased | Retail Building | San Bernardino, CA 92405 | $3,300,000 ($246/SF)
For Sale
Active
Asking Price $3,300,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 13,396 SF
- Price / Square Foot
- $246
Listing Contacts
Patrick Ylagan
Ken McLeod
Alex Vasquez
Property Overview
JUST REDUCED $450K - Motivated Seller - Submit All Offers
Sierra Way Plaza is strategically located on the bustling main-on-main corner of N Sierra Way and E 40th St. Boasting a total of 13,396 SF spread across two well-positioned strip centers, this property offers immense potential for value enhancement. Sierra Way Plaza currently features 79% occupancy with expiring leases/vacancy, presenting a valuable opportunity for a savvy investor to capitalize on market lease-up prospects. With popular amenities such as in-place restaurants, service tenants, Metro PCS, this retail gem attracts a steady flow of customers daily. Furthermore, the property stands out for its proximity to major national retailers such as Cardenas Market, Walgreens, and 7Eleven, reinforcing its status as a cornerstone of the vibrant retail landscape in San Bernardino. Sierra Way Plaza is an internet-resistant investment with stable historical tenant occupancy with a true value-add component.
Sierra Way Plaza is strategically located on the bustling main-on-main corner of N Sierra Way and E 40th St. Boasting a total of 13,396 SF spread across two well-positioned strip centers, this property offers immense potential for value enhancement. Sierra Way Plaza currently features 79% occupancy with expiring leases/vacancy, presenting a valuable opportunity for a savvy investor to capitalize on market lease-up prospects. With popular amenities such as in-place restaurants, service tenants, Metro PCS, this retail gem attracts a steady flow of customers daily. Furthermore, the property stands out for its proximity to major national retailers such as Cardenas Market, Walgreens, and 7Eleven, reinforcing its status as a cornerstone of the vibrant retail landscape in San Bernardino. Sierra Way Plaza is an internet-resistant investment with stable historical tenant occupancy with a true value-add component.
Property Details
- Class
- C
- Year Built
- 1961
- Stories
- 1
- Property Subtype
- Freestanding, Storefront, Storefront Retail/Office
- Lot Size (sq. ft)
- 27,878 SF
Highlights
- Rare infill/contiguous 2 property strip centers located on main-on-main signalized corner.
- Enormous frontage and convenient access to/from N Sierra Way with dedicated parking lots.
- In-place investment occupied by synergistic mix of internet resistant retail and restaurants.
- National tenants continuously target and occupy this retail pocket for its amenities and consumer draw.
- High density location with ±22.3K cars per day on E 40th St and ±11.8K on N Sierra Way.
All available spaces
- Space
- 1st Floor
- Size
- 1,624 SF
- Condition
- Shell Space
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