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2122 W Highland Ave 5,800 SF 100% Leased Retail Building San Bernardino, CA 92407 $22,170,801 CAD ($3,822.55 CAD/SF) 10.06% Cap Rate



Investment Highlights
- Please No Speaking with Employees/Ownership & Do Not Loiter on Property
- 2025 EBITDA ($1,513,383) + New Rental Income
- Brand New Restaurant Lease
- 2021 New Construction
- Significant Upside in Express Car Wash
- Qualifies For Accelerated Depreciation (Consult with CPA)
Executive Summary
Offered for sale is a trophy ARCO ampm, express car wash, and multi-tenant retail investment located at one of San Bernardino's most strategic freeway corridors. Constructed in 2021 with top-of-the-line finishes, modern architecture, and state-of-the-art equipment, this flagship-quality asset delivers exceptional curb appeal and operational efficiency.
Positioned directly adjacent to the 210 Freeway on-ramp at the signalized intersection of Highland Avenue and State Street, the property benefits from outstanding visibility and exposure. State Street serves as a major commuter route connecting Interstate 215 to the 210 Freeway, generating significant daily traffic. The offering also features a brand-new lease with El Primo Taco, providing additional diversified income.
Ideally located within close proximity to California State University, San Bernardino, and both Ontario International Airport and San Bernardino International Airport, this irreplaceable trophy asset offers investors and operators the opportunity to acquire one of the Inland Empire's finest convenience retail properties.
With strong in-place cash flow generated from essential consumer services, this asset represents an ideal 1031 exchange opportunity and a compelling hedge against economic cycles. Fuel, convenience retail, and car wash operations have historically demonstrated resilience through changing market conditions, making this a recession-resistant and AI-resistant investment.
Additionally, the property's substantial allocation to qualifying improvements and equipment may provide significant bonus depreciation benefits for eligible purchasers under current tax laws. Prospective buyers should consult with their CPA or tax advisor regarding the availability and applicability of any depreciation strategies or tax advantages.
Positioned directly adjacent to the 210 Freeway on-ramp at the signalized intersection of Highland Avenue and State Street, the property benefits from outstanding visibility and exposure. State Street serves as a major commuter route connecting Interstate 215 to the 210 Freeway, generating significant daily traffic. The offering also features a brand-new lease with El Primo Taco, providing additional diversified income.
Ideally located within close proximity to California State University, San Bernardino, and both Ontario International Airport and San Bernardino International Airport, this irreplaceable trophy asset offers investors and operators the opportunity to acquire one of the Inland Empire's finest convenience retail properties.
With strong in-place cash flow generated from essential consumer services, this asset represents an ideal 1031 exchange opportunity and a compelling hedge against economic cycles. Fuel, convenience retail, and car wash operations have historically demonstrated resilience through changing market conditions, making this a recession-resistant and AI-resistant investment.
Additionally, the property's substantial allocation to qualifying improvements and equipment may provide significant bonus depreciation benefits for eligible purchasers under current tax laws. Prospective buyers should consult with their CPA or tax advisor regarding the availability and applicability of any depreciation strategies or tax advantages.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,800 SF
Building Class
B
Year Built
2021
Price
$22,170,801 CAD
Price Per SF
$3,822.55 CAD
Cap Rate
10.06%
NOI
$2,231,024 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.22 AC
Zoning
IL (Industrial Light)
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Drive Thru
- Storage Space
- Monument Signage
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0268-351-29 | Improvements Assessment | $3,995,293 CAD |
| Land Assessment | $849,612 CAD | Total Assessment | $4,844,904 CAD |
Property Taxes
Parcel Number
0268-351-29
Land Assessment
$849,612 CAD
Improvements Assessment
$3,995,293 CAD
Total Assessment
$4,844,904 CAD
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2122 W Highland Ave
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