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    Second-Generation Boba Shop Retail Space Title is generated by Realmo AI

    4414 University Pkwy, San Bernardino, CA 92407

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    Fully built-out space with existing furniture, fixtures, and equipment in a grocery-anchored retail center.

    Type:Retail
    Property size:
    1,336 SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 3:23 am

    Property Features for 4414 University Pkwy

    General Information

    Standard status
    Active
    Size
    1,336 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2007

    Spaces For Lease

    at 4414 University Pkwy Contact us

    We can help!

    Listing Contact
    Albert Lopez
    Albert Lopez

    Listing agent Albert Lopez License #CalDRE #01409003

    Listing office Progressive Real Estate Partners

    Listing date Jun 2, 2026

    Source Progressiverep

    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 Progressive Real Estate Partners

    HighLights

    • 1,336 SF second‑generation boba shop space in a grocery‑anchored retail center
    • Fully built out and offered with existing furniture, fixtures, and equipment
    • Strategically located right off the 215 FWY & University Pkwy
    • Visible to 27,789 cars per day along University Parkway
    • Ralphs grocery‑anchored center serves approx. 2.6M visitors annually (per Placer.ai)
    • Tenant mix nearby includes Ralphs, LA Fitness, AT&T, Carl’s Jr, KFC, Starbucks, Dutch Bros, iHOP, and McDonald’s

    Overview

    Second-generation boba shop opportunity offered fully built out for immediate operational continuity. The space includes existing furniture, fixtures, and equipment, helping streamline the path from occupancy to opening. At approximately 1,336 square feet, the layout supports a quick-service food concept, including beverage-focused service, with the improvements already in place.

    The property sits within a Ralphs grocery-anchored center that benefits from strong ongoing activity, with Placer.ai estimating roughly 2.6M visitors annually. The center is visible to an estimated 27,789 cars per day along University Parkway and is positioned right off the 215 FWY & University Pkwy, offering a highly convenient location for retail and food traffic. Nearby retail includes established brands such as Ralphs, LA Fitness, AT&T, Carl’s Jr, KFC, Starbucks, Dutch Bros, iHOP, and McDonald’s, supporting a dense daily customer base.

    This suite is well suited for a coffee shop, bakery, food service, or compatible retail use, particularly for operators seeking a turnkey-ready environment in a retail mix dominated by well-known quick-service and destination brands. With the existing buildout and equipment included, it offers an efficient option for tenants looking to reduce initial interior work while launching a boba or specialty beverage concept.
    Location Intelligence

    Current Use by Public Records

    Subway Take-out & Catering Little Caesars Pizza Restaurant Liquid Tea Bar Cafe & Coffee Shop

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Circle K — 4294 University Pkwy, San Bernardino, CA 92407
    • Ding Tea San Bernardino — 4008 university pkwy, san bernardino, ca 92407
    • Dutch Bros Coffee — 4236 N Varsity Ave, San Bernardino, CA 92407
    • The One Nutrition Bar — 4077 University Pkwy #104, San Bernardino, CA 92407
    • SNB Yard — 6033 pebblebrook ln mc donald 4010 georgia blvd 37353-4096, san bernardino, ca 92407

    Location Insight

    • Map
    • Local Demand
    City
    San Bernardino
    County
    San Bernardino
    State
    California
    Longitude
    -117.3334665
    Latitude
    34.1687657

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    FAQs

    What type of property is this?
    Coffee shop - Fully built-out space with existing furniture, fixtures, and equipment in a grocery-anchored retail center.
    Where is this coffee shop located?
    The property is located at 4414 University Pkwy San Bernardino, CA.
    What are key features of this property?
    This property features: 1,336 SF second‑generation boba shop space in a grocery‑anchored retail center; Fully built out and offered with existing furniture, fixtures, and equipment; Strategically located right off the 215 FWY & University Pkwy
    (909) 900-8922
    We can help!
    Listing Contact
    Albert Lopez
    Albert Lopez
    Real Estate License ID: CalDRE #01409003
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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