92410 N Waterman Avenue

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92410 N Waterman Avenue

San Bernardino, CA 92410
Asking Price
$450K
Asset Type
Commercial Land
Class
Class B

What's Special

Signalized, Hard Corner - Half Acre Commercial Development Opportunity / Fast Food / QSR / C-Store <ul><li>​Signalized, hard corner commercial development opportunity</li><li>​Proposed Uses - Commercial, fast Food, drive-thru, QSR, gas station, general freestanding, retail, storefront, storefront retail/office</li><li>​Excellent visibility and frontage along N Waterman Avenue and 2nd Street (approx 35,000 vehicles per day at intersection)</li><li>​Strong/dense demographics - There are over 354,314 permanent residents living within a 5-mile radius of the subject property, with an average house

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NOI
$80,000
Cap Rate
17.78%
DSCR
2.99
Strong
Cash-on-Cash
39.47%
Monthly Payment
$2,226.354
Annual Cash Flow
$53,283.746

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