San Bernardino, a city located in the Inland Empire region of Southern California, offers a unique blend of economic, cultural, and political opportunities, making it an ideal location for Retail Space For Lease. With a population of around 210,000, San Bernardino serves as a significant commercial center, connecting Southern California and the American Southwest. The city's rich history, dating back to the Spanish and Mexican eras, is complemented by its modern infrastructure, including the San Bernardino International Airport, the San Bernardino Transit Center, and major local thoroughfares like the San Bernardino Freeway and Waterman Avenue. Additionally, San Bernardino is home to California State University, San Bernardino, and is a hub for government, retail, and service industries, with major corporations like Kohl's, Mattel, and Stater Bros. having a presence in the area.
San Bernardino's Retail Space For Lease market offers a range of opportunities, with 57 listings available. The average annual rent per square foot is $18 USD, with a minimum of $8 USD and a maximum of $48 USD. The average size of Retail Space For Lease in San Bernardino is 4,550 square feet, with options ranging from 600 to 80,000 square feet. In addition to Retail Space, San Bernardino also offers a range of other property types, including Restaurants, Medical Offices, and Office Space, each with its own unique characteristics and opportunities. For example, the city's restaurants benefit from the foot traffic generated by the San Bernardino Transit Center and the sbX Green Line BRT, while Medical Offices are drawn to the area's proximity to California State University, San Bernardino, and its medical programs. Office Space in San Bernardino, meanwhile, is attracted to the city's central location and access to major transportation routes. Overall, San Bernardino's diverse economy and infrastructure make it an attractive location for businesses of all types, including Retail Space For Lease.
What is the average cost per square foot for retail space in San Bernardino?
The average cost per square foot for retail space in San Bernardino is $18 USD per square foot, with an average size of 4,550 square feet and a maximum space size of 80,000 square feet available among the 57 listings currently on the market.
How do anchor tenants affect surrounding retail space leases?
In San Bernardino, where there are currently 57 available listings of retail space for lease, anchor tenants can significantly impact surrounding retail space leases by driving foot traffic, increasing visibility, and creating a desirable shopping environment, which can lead to higher rental rates and longer lease terms for nearby retail spaces, as evidenced by the average annual rent of $18 USD per square foot and average size of 4,550 square feet, with a maximum space size of 80,000 square feet.
