1030 Kendall Dr San Bernardino, CA 92407
- Retail properties
- 1,571 SF
- 0.28 lot acres
Current Use by Public Records
- ARCO / Gas Station
- Met's Auto Service / Auto Repair Shop / Propane Supplier
Property Details for 1030 Kendall Dr
- Year built
- 1971
- Lot size
- 0.28 lot acres
- Property size
- 1,571 SF
- Property type
- Retail properties
- Property subtype
- Gas stations
Description
This exceptional investment opportunity presents a high-volume gas station located at 1030 Kendall Dr, San Bernardino, CA 92407. The property, built in 1971 and extensively renovated in 2022, boasts a 1,571 square foot building situated on a 0.28-acre lot. The single-tenant property features four gas pumps and a 800 square foot convenience store, operating 24 hours a day. The current lease, with a remaining term of approximately two years, commenced November 1st, 2021, and expires November 30th, 2026, with a five-year lease option available. The tenant is credit-rated, providing financial stability. The property's strong financial performance is evident in its monthly sales figures: over 220,000 gallons of gasoline sold monthly, generating a 30-cent margin, along with approximately $16,000 in monthly propane sales and a net store income of $9,000. Additional income streams include approximately $29,000 in monthly store revenue, $10,000 in monthly lottery sales, and $3,000 in monthly garage rental income. The asking price is $5,000,000, with a price per square foot of $3,182.69. The property includes four parking spaces and is zoned CG1, City. This is a turnkey operation with significant income potential, situated in a high-traffic area near freeways, apartments, schools, and shopping centers. The property is offered for sale by owner. APN: 0151-203-01.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Bernardino
- County
- San Bernardino
- State
- California
- Longitude
- -117.305
- Latitude
- 34.1644
