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Freestanding Restaurant NNN Building
For Sale
Contact for pricing
Pending

242 West Hospitality Lane, San Bernardino, CA 92415

Freestanding, renovated restaurant building on a large lot with dedicated parking and ongoing triple-net lease.

Property Size5,138 SF
Lot Size0.90 Acres
Days on Market151

Property Features for 242 West Hospitality Lane

General Information

Standard status Pending
Size 5,138 SF
Lot size 0.90 Acres
Property subtype Retail

Building Details

Year Built 1979
Year Renovated 2017
Tenancy Single
Listing Agency: MGR Real Estate
Listed By: Fred Barajas · License #CA 01994577
Source: Crexi
Added: Apr 10 Changed: Aug 24 Last Checked: Sep 7 at 12:04AM

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 MGR Real Estate

Investment Insights

Based on property information with market context.

The property is a freestanding restaurant building operating as Star Crab. The approximately 5,138-square-foot building was originally built in 1979 and completed a renovation in 2017, with major improvements to both the interior and exterior. The asset is offered as a triple-net lease investment, with the current tenant having 4 years remaining on a 5-year term and 4% yearly increases, along with two additional five-year option periods.

The restaurant is situated on an approximately 39,047-square-foot lot with easy ingress and egress and an abundance of parking, reflected in a 6.22 parking ratio per 1,000 square feet. The property is located at 242 West Hospitality Lane in San Bernardino, California.

Key Highlights

  • Freestanding Star Crab restaurant building at 242 E. Hospitality Lane, San Bernardino, CA
  • Approximately 5,138 SF building on an approximately 39,047 SF lot with easy ingress/egress
  • Renovated in 2017 with major interior and exterior improvements; originally built in 1979

Property Analytics

Current Use

Star Crab Restaurant

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Garden Center (Bike/Boat/Book/etc) Store Plumbing Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,896
Businesses Nearby
162k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 83% Groceries 9% Hotels & Casinos 5% Shops & Services 3%
McDonald's Dining
29,656 visits/mo 0.4 miles
Starbucks Dining
20,282 visits/mo 0.3 miles
Restaurant Depot Groceries
14,959 visits/mo 0.3 miles
Popeyes Louisiana Kitchen Dining
13,349 visits/mo 0.4 miles
El Torito Dining
12,788 visits/mo 0.3 miles

Demographics for 92415, CA

2
Population
50
Median Age
0.1 sq mi
ZIP Area
20
Density / Sq Mi

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • King Buffet 204 E Hospitality Ln, San Bernardino, CA 92408

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding, renovated restaurant building on a large lot with dedicated parking and ongoing triple-net lease.
Where is this conventional restaurant located?
The property is located at 242 West Hospitality Lane San Bernardino, CA.
What are key features of this property?
This property features: Freestanding Star Crab restaurant building at 242 E. Hospitality Lane, San Bernardino, CA; Approximately 5,138 SF building on an approximately 39,047 SF lot with easy ingress/egress; Renovated in 2017 with major interior and exterior improvements; originally built in 1979
More about this property
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