Operational Grocery Business with Meat
For Sale
$1,300,000
27037 20 Mule Team, Boron, CA 93516
Boron operation includes regulated services, prepared staffing, equipment, and inventory for a single commercial platform.
Property Size12,000 SF
Price / SF$108.33
Days on Market47
Property Features for 27037 20 Mule Team
General Information
Standard status
Active
Size
12,000 SF
Building Details
Year Built
1956
Listing Agency:
Century 21 Masters
Listed By:
Vanesa Zumaran
(800) 463-0977
Source:
Myfabuloushome
Added: Sep 1
Changed: Oct 9
Last Checked: Oct 7 at 2:50PM
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 Century 21 Masters
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Investment Insights
Based on property information with market context.
This offering comprises an operating grocery business at 27037 20 Mule Team in Boron, California. The operation includes a full-service meat department, equipment, inventory, and employees with cashiers already in place. Additional customer services include a liquor license, WIC authorization, MoneyGram, and check-cashing, bringing several convenience functions together within one business.
The business serves the Boron community and surrounding customers, with limited grocery competition identified in the source information. The sale is for the grocery business only and does not include the underlying land or property. A separate opportunity is available for parties seeking to acquire the business and real estate together. Licenses, permits, inventory, equipment, operations, and service transferability require independent buyer verification.
The business serves the Boron community and surrounding customers, with limited grocery competition identified in the source information. The sale is for the grocery business only and does not include the underlying land or property. A separate opportunity is available for parties seeking to acquire the business and real estate together. Licenses, permits, inventory, equipment, operations, and service transferability require independent buyer verification.
Key Highlights
- Operating grocery business serving Boron and surrounding customers
- Full‑service meat department included in the operation
- Liquor license and WIC authorization
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,375
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,327,500
$2.3M
Cap Rate 7%
$1,662,500
$1.7M
Cap Rate 9%
$1,293,056
$1.3M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$165.6K $13.80/SF
− Vacancy
−$10.4K −$0.87/SF
EGI
$155.2K $12.93/SF
− OpEx
−$38.8K −$3.23/SF
NOI
$116.4K $9.70/SF
Area
San Bernardino County, CA
Vacancy
6.30%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,327,500
Cap Rate 7%
$1,662,500
Cap Rate 9%
$1,293,056
Alternative Uses
Best Use
Retail
$2.46M
$2.15M – $2.87M
NOI $172,005 @ 7.0% cap · market cap 13.23%
Second Best
Specialty Retail
$1.66M
$1.45M – $1.94M
NOI $116,375 @ 7.0% cap · market cap 8.95%
Theoretical Best
Office A
$2.53M
$2.21M – $2.95M
NOI $177,186 @ 7.0% cap · market cap 13.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
7k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
3,774 visits/mo
0.3 miles
Shell
Shops & Services
2,935 visits/mo
0.3 miles
Demographics for 93516, CA
2,114
Population
1,286
Households
1.6
Avg Household Size
39
Median Age
22%
College-Educated
82%
High-School Grad
28.6 sq mi
ZIP Area
74
Density / Sq Mi
$71,250
Median Household Income
$46,163
Median Earnings
$981
Median Rent
$102,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Boron operation includes regulated services, prepared staffing, equipment, and inventory for a single commercial platform.
Where is this grocery and convenience store located?
The property is located at 27037 20 Mule Team Boron, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Operating grocery business serving Boron and surrounding customers; Full‑service meat department included in the operation; Liquor license and WIC authorization
