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Remodeled Single-Tenant Restaurant
For Sale
$5,999,000

390 E Hospitality Lane, San Bernardino, CA 92408

Full-service premises include a bar, commercial kitchen, ADA access, HVAC, and indoor-outdoor dining areas.

Property Size9,685 SF
Price / SF$589.81
Days on Market288

Property Features for 390 E Hospitality Lane

General Information

Standard status Active
Size 9,685 SF
Property subtype COMMERCIAL
Occupancy 100%

Restaurant

Seating Capacity 300
Grease Trap Yes
Patio Yes
Equipment Included No

Additional Details

Highway Access Yes
Sprinkler System Yes

Building Details

Building Size 9,685 SF
Year Built 1986
Buildings 1
Tenancy Single
Listing Agency: eXp Realty of California Inc
Listed By: Michael Earley · License #00877967
Source: Camdenmckayre
Added: Dec 4, 2025 Changed: Sep 17 Last Checked: Sep 17 at 2:18AM

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 eXp Realty of California Inc

Investment Insights

Based on property information with market context.

This conventional restaurant property contains approximately 10,171 square feet and was built in 1986. The single-tenant layout includes expansive dining areas, a bar, commercial kitchen, indoor-outdoor seating, and a patio supporting nearly 300 guests. Recent permitted work includes updated restrooms, plumbing, electrical components, flooring, lighting, HVAC units, roofing, fire suppression, and a 1000 gal grease interceptor. A security system and tenant-controlled HVAC are also in place.

The property is located at 390 E Hospitality Lane in San Bernardino, near the Interstate 10 on- and off-ramps and the intersection area of E Hospitality Lane and S Waterman Avenue. The surrounding corridor includes hotels, national retailers, and other restaurant concepts. Ojos Locos operates the premises under a long-term triple-net lease, with responsibility for maintenance, repairs, taxes, insurance, and utilities assigned to the tenant.

Key Highlights

  • Approximately 10,171 square feet of restaurant space
  • Single‑tenant, long‑term triple‑net lease to Ojos Locos
  • Indoor and patio seating supporting nearly 300 guests

Property Analytics

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Current Use

TGI Fridays Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Garden Center Veterinary Clinic Catering Service Home Appliance Store

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

2,117
Businesses Nearby
445k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 55% Shops & Services 16% Home Improvements & Furnishings 12% Hotels & Casinos 7%
The Home Depot Home Improvements & Furnishings
54,011 visits/mo 0.4 miles
Olive Garden Dining
32,891 visits/mo 0.1 miles
Buffalo Wild Wings Dining
23,710 visits/mo 0.3 miles
Chili's Grill & Bar Dining
22,460 visits/mo 0.2 miles
ARCO Shops & Services
20,167 visits/mo 0.4 miles

Demographics for 92408, CA

13,488
Population
4,403
Households
3.1
Avg Household Size
32
Median Age
19%
College-Educated
73%
High-School Grad
10.5 sq mi
ZIP Area
1,285
Density / Sq Mi
$63,696
Median Household Income
$32,122
Median Earnings
$1,314
Median Rent
$407,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Full-service premises include a bar, commercial kitchen, ADA access, HVAC, and indoor-outdoor dining areas.
Where is this conventional restaurant located?
The property is located at 390 E Hospitality Lane San Bernardino, CA.
What is the asking price?
The asking price for this property is $5,999,000.
What are key features of this property?
This property features: Approximately 10,171 square feet of restaurant space; Single‑tenant, long‑term triple‑net lease to Ojos Locos; Indoor and patio seating supporting nearly 300 guests
More about this property
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