1894 Commercenter West Dr - Light Distribution FOR SALE


San Bernardino, CA 92408- Show Place
$5,970,000 USD
909-923-2469
1894 Commercenter West Dr, San Bernardino, CA for Sale
$5,970,000 USD
Light Distribution - FOR SALE
1/11
null | 4.8% Cap Rate

1894 Commercenter West Dr
San Bernardino, CA 92408
Show Place


OVERVIEW

Escondido Enterprises is pleased to offer for sale Commercenter West Plaza, a premier multi-unit business park strategically located at the high-traffic I-10 and I-215 freeway interchange. Having recently completed front landscaping and ADA-compliance upgrades, the property is primed for a professional management firm to capture immediate upside by transitioning non-paying occupied spaces to market-rate leases. Much of the foundational work has already been achieved, with 20%–30% of the rent roll successfully adjusted to current market standards over the past year. This investment offers a unique combination of modern infrastructure, including a 2008-built 100-series building, and significant embedded growth potential in a key regional logistics hub.

FOR SALE DETAILS

PRICE

$5,970,000 USD

PRICE/SF

$171 USD /SF

CAP RATE

4.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Plaza Centrico

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Storefront, Food Processing, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

23

PARKING SPACES

18

LAND DETAILS

LAND ACRES

2.28

LAND SF

99,317

ZONING

CR3, San Bernardino

APN/PARCEL ID

0141-412-41

ASK ABOUT THIS PROPERTY

Chris L'AllierEscondido EnterprisesMore Info
909-923-2469

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Chris L'AllierEscondido EnterprisesMore Info
909-923-2469

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.