Branded Gas Station with
For Sale
Contact for pricing
44214 National Trails Highway, Newberry Springs, CA 92365
Gas station for sale on National Trails Highway, branded Chevron, with an expiring fuel supply agreement.
Property Size2,102 SF
Price / SF$404.38
Days on Market97
Property Features for 44214 National Trails Highway
General Information
Standard status
Active
Size
2,102 SF
Property subtype
Retail
Zoning
Commercial
Lease Type
NNN
Investment Type
Owner/User
Additional Details
Business Included
Yes
Building Details
Tenancy
Single
Listing Agency:
The Gas BrokerTM
Listed By:
Chandler J. Kelley · License #CA 01963781
Source:
Crexi
Added: Jun 2
Changed: Aug 14
Last Checked: Sep 2 at 6:32PM
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 The Gas BrokerTM
Investment Insights
Based on property information with market context.
This branded gas station is offered for sale at 44214 National Trails Highway in Newberry Springs, CA. The property is currently branded Chevron, and the existing fuel supply agreement is nearing expiration. Ownership is also open to a delivery scenario where the site is converted to Mobil branding through Supreme Oil, with an anticipated reduction in fuel costs versus current Chevron supply.
The Seller notes the opportunity may be acquired individually or as part of a two-site portfolio with a nearby location at 35555 Ghost Town Rd, Yermo, CA, approximately 12 miles away. The Seller will not provide formal financial statements, and prospective buyers are expected to rely on historical register sales reports and independently underwrite the opportunity.
Ownership is open to long-term lease structures on both sites, with base rent starting at $12,000 per month on an NNN basis, where the tenant is responsible for real estate taxes, insurance, and maintenance.
The Seller notes the opportunity may be acquired individually or as part of a two-site portfolio with a nearby location at 35555 Ghost Town Rd, Yermo, CA, approximately 12 miles away. The Seller will not provide formal financial statements, and prospective buyers are expected to rely on historical register sales reports and independently underwrite the opportunity.
Ownership is open to long-term lease structures on both sites, with base rent starting at $12,000 per month on an NNN basis, where the tenant is responsible for real estate taxes, insurance, and maintenance.
Key Highlights
- Gas station on National Trails Highway, currently branded Chevron.
- Fuel supply agreement is nearing expiration.
- Can be delivered independently or as part of a two‑site portfolio with 35555 Ghost Town Rd, Yermo, CA 92398 (~12 miles apart).
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,130
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$602,600
$602.6K
Cap Rate 7%
$430,429
$430.4K
Cap Rate 9%
$334,778
$334.8K
Market Conditions
NOI Build-Up for 2,102 SF
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.
Gross rent
$45.4K $21.60/SF
− Vacancy
−$2.4K −$1.12/SF
EGI
$43.0K $20.48/SF
− OpEx
−$12.9K −$6.14/SF
NOI
$30.1K $14.33/SF
Area
San Bernardino County, CA
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$602,600
Cap Rate 7%
$430,429
Cap Rate 9%
$334,778
Alternative Uses
Best Use
Retail
$430.4K
$376.6K – $502.2K
NOI $30,130 @ 7.0% cap · market cap 3.54%
Second Best
Specialty Retail
$291.2K
$254.8K – $339.8K
NOI $20,385 @ 7.0% cap · market cap 2.40%
Theoretical Best
Office A
$443.4K
$388.0K – $517.3K
NOI $31,037 @ 7.0% cap · market cap 3.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 21%
Shell
Shops & Services
6,651 visits/mo
0.2 miles
SUBWAY
Dining
1,721 visits/mo
0.2 miles
Demographics for 92365, CA
2,214
Population
1,240
Households
1.8
Avg Household Size
50
Median Age
8%
College-Educated
87%
High-School Grad
483.3 sq mi
ZIP Area
5
Density / Sq Mi
$61,944
Median Household Income
$24,382
Median Earnings
$947
Median Rent
$161,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Gas station for sale on National Trails Highway, branded Chevron, with an expiring fuel supply agreement.
Where is this gas station located?
The property is located at 44214 National Trails Highway Newberry Springs, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Gas station on National Trails Highway, currently branded Chevron.; Fuel supply agreement is nearing expiration.; Can be delivered independently or as part of a two‑site portfolio with 35555 Ghost Town Rd, Yermo, CA 92398 (~12 miles apart).
