Retail Strip Center For
270 E Baseline St San Bernardino, CA 92410
For Sale
$1,963,000
Well-located retail strip center with value-add potential.
Property Size5,000 SF
Lot Size0.59 Acres
Price / SF$392.60
Days on Market119
Property Features for 270 E Baseline St
General Information
Standard status
Active
Size
5,000 SF
Lot size
0.59 Acres
Property subtype
Shopping Strip
Building Details
Year Built
2004
Listing Agency:
Marcus & Millichap - Las Vegas
(702) 215-7125
Listed By:
Candace Bare · License #License(s): NV: S.0171556
(702) 215-7125
Source:
Marcusmillichap
Added: Apr 3
Changed: Jul 10
Last Checked: Jul 29 at 3:34AM
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 - Las Vegas
Investment Insights
Based on property information with market context.
The property at 270 East Baseline Street is a 5,000 square foot retail strip center situated on a 0.59 acre lot. Constructed in 2004, the property features suite configurations and long-term tenants. Located in a commercial corridor of San Bernardino, the property offers visibility and frontage along Baseline Street at South Waterman Avenue. Frontage along Baseline Street, a primary east-west thoroughfare, makes this property suited for retail and service tenants. The property was initially developed for Speedy Cash, who recently ceased operations but continues to pay rent through the end of 2027. There is an opportunity to re-tenant the former Speedy Cash space with another payday or auto title loan business or attract other retail tenants. The property benefits from access to Interstate 10 and Interstate 215, providing connectivity throughout the Inland Empire. It is a 10-minute drive to San Bernardino International Airport (SBD) and has direct access to surrounding population centers such as Riverside and Ontario. Its location places the asset within one of Southern California's logistics and population hubs.
Key Highlights
- Value‑add potential through re‑tenanting the former Speedy Cash space while collecting rent through 2027.
- Strong visibility and direct frontage on Baseline Street with high traffic counts.
- Well‑established commercial corridor location in San Bernardino.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.2k | $20.64 |
| − Vacancy | −$6.6k | −$1.32 |
| EGI | $96.6k | $19.32 |
| − OpEx | −$29.0k | −$5.80 |
| NOI | $67.6k | $13.52 |
5,000 SF · lease $20.64/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$966.0K
$845.2K – $1.13M
NOI $67,617 @ 7.0% cap · market cap 3.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,408 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Strip mall - Well-located retail strip center with value-add potential.
Where is this strip mall located?
The property is located at 270 E Baseline St San Bernardino, CA.
What is the asking price?
The asking price for this property is $1,963,000.
What are key features of this property?
This property features: Value‑add potential through re‑tenanting the former Speedy Cash space while collecting rent through 2027.; **Strong visibility and direct frontage on Baseline Street with high traffic counts.**; Well‑established commercial corridor location in San Bernardino.
