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. 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, secure gated yard, 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.
• 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.
• BELOW REPLACEMENT COST – ±$126/SF - Acquire a ±33,708 SF freestanding commercial property at approximately $126/SF, well below the estimated cost of comparable new construction.