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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1030 Kendall Dr San Bernardino, CA 92407

1,571 SF 0.28 ac lot Built 1971
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1971
Total area 1,571 SF
Lot 0.28 ac (12,197 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ARCO Gas Station
  • Met's Auto Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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