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324-336 W Base Line St
San Bernardino, CA 92410

$5,450,000 USD

Supermarket For Sale  •  49,424 SF

Property Details

  • Property Type Supermarket
  • Total Building Size 49,424 SF
  • Lot Size 4.1 AC
  • Building Class C
  • Year Built 1966
  • Cap Rate 5.61 %
  • Tenancy Multiple
  • Zoning CG-1
43 Transit Score
73 Walk Score

Highlights

Significant Redevelopment/Value-Add Opportunity w/ In-Place Cash Flow $111 PSF Building $/PSF and $22 PSF Land $/PSF Well Below Replacement Cost
±68,000 Square ft. Outparcel Provides New Ownership With the Flexibility to Accommodate either a Single or Dual Drive-Thru Configuration
Infill Neighborhood Site Within Densely Populated Community - Site Located in an Opportunity Zone and a Transit Overlay District Zone.
The Property’s Strategic Location at the Bustling Intersection of North Base Line Street and North Arrowhead With over 38,000 Cars Per Day
Located 4.5 Miles South of California State University San Bernardino (CSUSB) and 2.5 Miles North of San Bernardino Valley College
3 Mi Avg Household Income of $55,358 with Average Household Retail Expenditure Reaches $99,340, Reflecting Strong Consumer Purchasing Power

Property Flyers

Cap Rate: 5.61 %

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
San Bernardino - Downtown Metrolink Station (Metrolink Inland Empire-Orange County Line - Metrolink Trains, Metrolink San Bernardino Line - Metrolink Trains) 5 min - 2.1 mi
San Bernardino (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 6 min - 2.7 mi
AirportDriveWalkDistance
Ontario International 30 min - 23.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 300
Type: Surface
Included in Rent: Yes
Ara Rostamian 213-943-1781 Marcus & Millichap
Ara Rostamian 213-943-1781 Marcus & Millichap