Caliber Collision Auto
New
For Sale
$4,666,726
1197 E 3rd St, San Bernardino, CA 92410
The property is positioned along East Third Street in San Bernardino, a corridor serving the airport area.
Property Size25,790 SF
Price / SF$180.95
Days on Market2
Property Features for 1197 E 3rd St
General Information
Standard status
Active
Size
25,790 SF
Property subtype
Auto Service - Gas-Conv
Lease Type
Absolute Net
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
5.65%
Amenities
Long-Term Absolute Net Lease with Zero Landlord Responsibilities, Featuring 2% Annual Rental Increases throughout the Initial Term and Options. Caliber Completed a 2026 Renovation of this Location.
Caliber Collision is the Nation's Largest Collision Repair Provider, with More than 1,800 Convenient Locations in 41 States - and Growing - Backed by a Written, Lifetime Warranty on All Repair Work.
Dominant Leadership: Hellman & Friedman, a Highly Experienced Private Equity Firm Founded in 1984 with Over $25 Billion of Total Assets, Is the Majority Owner of Caliber Collision after the Merger.
Strategic Airport Corridor – East 3rd Street Connects San Bernardino with Highland and Serves San Bernardino International Airport, providing Access to Aviation Employment and Nearby Residential Communities.
Access to three Major Freeways – Interstate 10, Interstate 215, and State Route 210 Connect the Airport District with Inland Empire Residential Communities, Employment Centers, and Transportation Networks.
Substantial Residential Customer Base – over 329k+ Residents within a 5-Mile Radius support Everyday Commuting, Household Transportation Needs, and a Broad Pool of Potential Automotive Service Customers.
Amazon Air, FedEx and UPS Operations – San Bernardino International Airport's Major Cargo Operators Support Regional Logistics Employment, Delivery Activity, and Recurring Employee Commuting Near the Property.
2,000-Acre AllianceCalifornia Logistics Hub – Major Companies, including PepsiCo and Kohler, Support Industrial Employment, Regional Distribution Activity, and Recurring Employee Commuting within this Nearby Trade and Logistics Hub.
Building Details
Building Size
25,790 SF
Listing Agency:
Marcus & Millichap | San Diego
Listed By:
Alvin Mansour · License #License(s): CA: 01391653, TX: 0606255
(858) 373-3184
Source:
Marcusmillichap
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 21 at 2:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | San Diego
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This automotive property is identified with Caliber Collision and an absolute net lease structure that includes 2% annual increases.
The site is on East Third Street in San Bernardino, approximately 60 miles east of downtown Los Angeles. Interstate 10, Interstate 215, and State Route 210 connect the city with Riverside, Ontario, Redlands, Highland, and the greater Los Angeles area. San Bernardino International Airport and the AllianceCalifornia logistics and industrial development are among the commercial and transportation uses described in the surrounding area. The broader market also includes county government facilities, California State University, San Bernardino, St. Bernardine Medical Center, Inland Center, and the Hospitality Lane corridor.
The site is on East Third Street in San Bernardino, approximately 60 miles east of downtown Los Angeles. Interstate 10, Interstate 215, and State Route 210 connect the city with Riverside, Ontario, Redlands, Highland, and the greater Los Angeles area. San Bernardino International Airport and the AllianceCalifornia logistics and industrial development are among the commercial and transportation uses described in the surrounding area. The broader market also includes county government facilities, California State University, San Bernardino, St. Bernardine Medical Center, Inland Center, and the Hospitality Lane corridor.
Key Highlights
- Associated with Caliber Collision
- Absolute net lease with 2% annual increases
- East Third Street location in San Bernardino
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$348,767
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,975,340
$7.0M
Cap Rate 7%
$4,982,386
$5.0M
Cap Rate 9%
$3,875,189
$3.9M
Market Conditions
NOI Build-Up for 25,790 SF
Gross rent
$532.3K $20.64/SF
− Vacancy
−$34.1K −$1.32/SF
EGI
$498.2K $19.32/SF
− OpEx
−$149.5K −$5.80/SF
NOI
$348.8K $13.52/SF
Area
San Bernardino, CA
Vacancy
6.40%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,975,340
Cap Rate 7%
$4,982,386
Cap Rate 9%
$3,875,189
Alternative Uses
Best Use
Retail
$4.98M
$4.36M – $5.81M
NOI $348,767 @ 7.0% cap · market cap 7.47%
Second Best
Industrial
$3.48M
$3.04M – $4.06M
NOI $243,326 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$7.77M
$6.80M – $9.06M
NOI $543,694 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Dining 39%
Marathon
Shops & Services
3,946 visits/mo
0.5 miles
Domino's Pizza
Dining
3,375 visits/mo
0.1 miles
Caliber Collision
Shops & Services
1,301 visits/mo
0.0 miles
Demographics for 92410, CA
51,651
Population
14,325
Households
3.6
Avg Household Size
30
Median Age
6%
College-Educated
66%
High-School Grad
8.2 sq mi
ZIP Area
6,299
Density / Sq Mi
$53,390
Median Household Income
$32,474
Median Earnings
$1,303
Median Rent
$273,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Pep Boys Distribution Center — 300 S Tippecanoe Ave, San Bernardino, CA 92408
- Advance Auto Parts Distribution Center — 300 S Tippecanoe Ave, San Bernardino, CA 92408
- Caliber Collision — 1197 E 3rd St, San Bernardino, CA 92410
- castillos tires shop & auto repair — 24916 3rd E st, San Bernardino, CA 92410
- Pride Automotive Repair — 25050 E 3rd St, San Bernardino, CA 92410
Frequently Asked Questions
What type of property is this?
Auto shop - The property is positioned along East Third Street in San Bernardino, a corridor serving the airport area.
Where is this auto shop located?
The property is located at 1197 E 3rd St San Bernardino, CA.
What is the asking price?
The asking price for this property is $4,666,726.
What are key features of this property?
This property features: Associated with Caliber Collision; Absolute net lease with 2% annual increases; East Third Street location in San Bernardino
