Retail Investment Opportunity Near
For Sale
$399,888
1100 W Base Line Street, San Bernardino, CA 92411
Commercial retail investment opportunity with high traffic and dual entry.
Property Size1,420 SF
Price / SF$281.61
Days on Market810
Property Features for 1100 W Base Line Street
General Information
Standard status
Active
Size
1,420 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
1956
Listing Agency:
Odyssey Realty Group
(562) 843-9345
Listed By:
Cristobal Gastelum · License #02021386
(951) 378-6612
Source:
Exitrealty
Added: Jun 15, 2024
Changed: Sep 1
Last Checked: Sep 1 at 5:11PM
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 Odyssey Realty Group
Investment Insights
Based on property information with market context.
This commercial retail property presents an investment opportunity. It is located minutes from the 215 Freeway and benefits from high vehicle traffic. The corner lot property features dual entry points from Baseline Street and Massachusetts Avenue. Currently operating as a barber shop, the property offers potential investment upside.
Key Highlights
- High‑traffic corner lot location.
- Convenient access to the 215 Freeway.
- Dual entry points from Baseline St and Massachusetts Ave.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,203
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$384,060
$384.1K
Cap Rate 7%
$274,329
$274.3K
Cap Rate 9%
$213,367
$213.4K
Market Conditions
NOI Build-Up for 1,420 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$29.3K $20.64/SF
− Vacancy
−$1.9K −$1.32/SF
EGI
$27.4K $19.32/SF
− OpEx
−$8.2K −$5.80/SF
NOI
$19.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$384,060
Cap Rate 7%
$274,329
Cap Rate 9%
$213,367
Alternative Uses
Best Use
Retail
$274.3K
$240.0K – $320.1K
NOI $19,203 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$427.7K
$374.2K – $498.9K
NOI $29,936 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
61k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 44%
Electronics 4%
McDonald's
Dining
23,769 visits/mo
0.3 miles
AMPM
Shops & Services
15,390 visits/mo
0.5 miles
76
Shops & Services
10,497 visits/mo
0.5 miles
AutoZone
Shops & Services
5,750 visits/mo
0.3 miles
Domino's Pizza
Dining
2,767 visits/mo
0.3 miles
Demographics for 92411, CA
27,014
Population
7,065
Households
3.8
Avg Household Size
30
Median Age
7%
College-Educated
65%
High-School Grad
4.7 sq mi
ZIP Area
5,748
Density / Sq Mi
$55,457
Median Household Income
$31,320
Median Earnings
$1,355
Median Rent
$318,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial retail investment opportunity with high traffic and dual entry.
Where is this retail space located?
The property is located at 1100 W Base Line Street San Bernardino, CA.
What is the asking price?
The asking price for this property is $399,888.
What are key features of this property?
This property features: High‑traffic corner lot location.; Convenient access to the 215 Freeway.; Dual entry points from Baseline St and Massachusetts Ave.
