Updated Jun 3, 2026
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
About this deal
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
Market 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