277 E 40th St
San Bernardino, CA 92404
Wildwood Plaza Shopping Center · Retail Property For Sale

Single-Tenant T.J.Maxx NN Investment: - Newly renovated building - 6.5 years remaining on initial 10-year lease - Three 5-year options with fixed increases at each option - Extremely low rent - T.J.Maxx (NYSE: TJX) is a publicly traded company with investment grade credit (A+ stable) - T.J.Maxx has the largest market cap of all apparel companies ($52 billion) and consistent annual revenue growth of over 7% year-over-year Located on Direct Path to Lake Arrowhead, One of San Bernardino' s Top Tourism Destinations: - Over 4 million visitors a year travel to Lake Arrowhead - Results in strong sales for retailers at the bottom of the mountain including Stater Bros., Starbucks, Del Taco, and McDonald's - The subject property is a part of the closest major retail center to Lake Arrowhead High Traffic Location: 42,000+ cars per day at the signalized intersection of 40th St. and Waterman Ave. Excellent Accessibility, Identity, and Visibility: Located at the signalized intersection of 40th St. and Waterman Ave., the property benefits from having seven points of direct ingress/egress as well as a monument sign along East 40th St. providing outstanding exposure, identity, and visibility Dynamic Retail Location: National Tenants in the immediate vicinity include Stater Bros., Cardenas, Walgreens, AutoZone, Starbucks, McDonald's, Del Taco, Jack in the Box, ARCO, and Chevron High Population Growth in the Immediate Area: There are currently over 45,000 existing homes and over 5,000 homes planned to be built in the next 5 years within a 5-mile radius of the subject property Close Proximity to San Manuel Indian Bingo & Casino: The subject property is situated 3.5 miles from San Manuel Indian Bingo & Casino which draws over 2.2 million visitors per year Dense, Infill Demographics: Over 243,000 people within a 5-mile radius of the subject property