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1198 South East Street

Chandler Kelley And Shoeb Ikram Of The Gas Broker Sell ARCO Gas Station In San Bernardino For $2,000,000
SOLDRetail

Chandler Kelley And Shoeb Ikram Of The Gas Broker Sell ARCO Gas Station In San Bernardino For $2,000,000

$2,000,000

$47/SF

Building Size

42,122 SF

Asset Type

Retail

Closing

Jun 3, 2026

AI

This transaction involved the sale of an ARCO Gas Station located in San Bernardino, CA. The asset was sold for $2,000,000, encompassing a total area of 42,122 square feet, which translates to a price per square foot of $47.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,000,000
  • Square Footage: 42,122
  • Price Per Square Foot: $47
  • Market: San Bernardino & Placentia
  • Broker Representatives: Shoeb Ikram & Chandler Kelley - The Gas Broker

Chandler Kelley and Shoeb Ikram of The Gas Broker successfully completed this transaction, highlighting their specialization in gas station sales and acquisitions. Chandler brings extensive experience with both corporate operators and family-owned businesses, while Shoeb offers insights from an owner-operator perspective, with particular expertise in retail petroleum operations and industry connections.

Players

Shoeb Ikram

The Gas Broker

Broker

$5.4M

vol

2 deals

Broker

San Bernardino Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93