780 Inland Center Dr, San Bernardino, CA for sale

Investment Overview

Progressive Real Estate Partners is pleased to present the opportunity to acquire 780 Inland Center Drive, a ±33,708 SF freestanding owner-user opportunity situated on ±1.38 acres in San Bernardino, CA. The property offers future flexibility for an owner-user to occupy all or a portion of the facility, subject to the terms of the transaction. With preliminary SBA 504 financing illustrating up to 90% financing, qualified owner-users may benefit from a lower initial equity requirement, allowing more capital to remain available for business operations and future growth. The property is strategically located directly across from Inland Center Mall and immediately adjacent to the I-215 freeway at the Inland Center Drive exit, benefiting from approximately 196,000 CPD on I-215. Excellent freeway exposure, convenient regional access and existing pylon signage further enhance the property’s appeal for businesses seeking a highly visible location in an established San Bernardino commercial corridor.

Investment Highlights

• ±33,708 SF FREESTANDING OWNER-USER OPPORTUNITY - Acquire and control an entire freestanding facility capable of accommodating showroom, retail, storage, administrative and operational functions under one roof.
• HIGH-VISIBILITY I-215 LOCATION - Located immediately adjacent to the I-215 freeway and Inland Center Drive interchange, with approximately 196,000 CPD on I-215, providing strong freeway exposure, convenient regional access and existing pylon signage.
• DIRECTLY ACROSS FROM INLAND CENTER MALL - Located across from San Bernardino’s premier regional shopping destination, anchored by Macy’s and JCPenney and featuring H&M, Victoria’s Secret, Bath & Body Works, Hollister, Vans, JD Sports, Tilly’s and numerous other national retailers and restaurants.
• OWN VS. LEASE OPPORTUNITY - Recent ±20,000 SF large-format retail lease comps in the San Bernardino submarket reflect asking rents of approximately $1.10–$1.25/SF/month NNN, creating a compelling opportunity for a business owner to evaluate long-term ownership as an alternative to leasing.
• POTENTIAL 90% SBA 504 FINANCING - Preliminary SBA financing illustrates a potential structure with only 10% borrower equity, allowing qualified owner-users to preserve working capital while acquiring their business real estate.
• FLEXIBLE THREE-UNIT CONFIGURATION - Historically configured as approximately 12,982 SF, 9,800 SF and 10,926 SF spaces, providing future flexibility for a variety of owner-user and multi-tenant configurations. Traditionally, SBA borrowers are only required to occupy 51% of the property, allowing for the opportunity to lease the remaining 49%, thereby lowering occupancy costs.
• BELOW REPLACEMENT COST – ±$147/SF - Acquire a ±33,708 SF freestanding commercial property at approximately $147/SF, well below the estimated cost of comparable new construction.