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32451640
32451641

3890 University Parkway, San Bernardino, CA 92407

VB
CA 01869089
Progressive Real Estate Partners
Listed by Progressive Real Estate Partners
$8,290,000
28 days on market
Updated 18 days ago

ARCO Gas with AM/PM C-Store & Real Estate

Details
Property Type Retail, Special Purpose
Sub Type Convenience Store, Gas Station
Square Footage 2,700
Tenancy Single
Brand/Tenant Arco Gas Station
Acreage 1.120
Ground Lease No

ARCO contract is nearing expiration, offering flexibility for rebranding and improved margins

Marketing description

Progressive Real Estate Partners is pleased to present for sale an ARCO Gas Station and AM/PM convenience store located in the city of San Bernardino. The property features a ±2,700 SF convenience store and six new Gilbarco Multiple Product Dispensers, totaling 12 fueling positions, situated on a ±1.12-acre lot. The site is strategically positioned at a signalized intersection with traffic counts exceeding 25,500 cars per day and is adjacent to high-performing national retailers including Lowe’s and Walmart. It also benefits from close proximity to the 210 Freeway, which carries over 64,000 cars per day, providing strong regional accessibility and visibility. The convenience store operates with a Type 20 liquor license, allowing for the sale of beer and wine and supporting strong in-store margins. The surrounding trade area is supported by a daytime population of approximately 37,900 and a total population exceeding 167,600 within a 10-minute drive, with an average household income above $92,000.

Investment highlights

C-Store: The ±2,700 SF convenience store operates with a Type 20 liquor license, allowing for the sale of beer and wine and supporting strong in-store margins. The store is equipped with brand new soda fountains and equipment and maintains a consistent revenue stream. Additional financial details are available upon request.

Gas Station: The station features six newly installed Gilbarco MPDs with 12 fueling positions. The site is positioned to add diesel fuel service (pending city approvals), and the ±1.12 acre parcel provides potential for a future car wash (buyer to verify). The ARCO contract is nearing expiration, offering flexibility for rebranding and potential margin improvement. Fuel sales remain strong, with details available upon request.

Strong Surrounding Retail: The property is directly adjacent to national anchors such as Lowe’s and Walmart, with additional nearby retailers including Panera Bread, Dutch Bros, and Jack in the Box, contributing to consistent consumer traffic in the immediate area.

High Visibility Location: Situated at a signalized intersection with traffic counts exceeding 25,500 cars per day, the site benefits from direct exposure to traffic generated by adjacent anchor tenants. The property is also located just minutes from the 210 Freeway, which carries over 64,000 cars per day, enhancing regional accessibility and visibility.

Strong Trade Area Demographics: The surrounding area features a daytime population of approximately 37,900 and a total population exceeding 167,600 within a 10-minute drive. The average household income surpasses $92,000, supporting sustained consumer demand.

Listing Contacts

VB
CA 01869089
Progressive Real Estate Partners
Listed by Progressive Real Estate Partners

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