390 E Hospitality Lane San Bernardino, CA $ 5,999,000
390 E Hospitality Lane
$ 5,999,000
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390 E Hospitality Lane

San Bernardino, CA, 92408
$ 5,999,000
Bedrooms-- Baths-- Sq 9,685
Listed by Michael Earley, eXp Realty of California Inc, michael@earleyschick.com
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Property for Rent in San Bernardino, CA

for $5,999,000. This 9,685 square foot property was built in 1986 on a lot size of 0.49.

Freeway-visible, newly remodeled Ojos Locosanchored restaurant asset in San Bernardino's top diningMarketing descriptionA premier freeway-visible restaurant building is available for sale at 390 E Hospitality Lane in San Bernardino, anchored by a long-term lease to Ojos Locos Sports Cantina, which has invested over $1,300,000 refurbishing and rebranding the property as a high-energy Latin sports bar and restaurant destination. This fully modernized, single-tenant asset combines strong traffic counts, extensive capital upgrades, and excellent regional access, making it a compelling, stabilized investment opportunity in the heart of the Inland Empire's primary hospitality corridor.Property and tenancy overviewThe building totals approximately 10,171 square feet and is configured as a full-service restaurant with expansive dining areas, bar, commercial kitchen, and indooroutdoor flow supporting nearly 300 guests between interior seating and the patio. Ojos Locos operates the premises under a long-term triple-net structure, delivering a passive income profile with the tenant responsible for maintenance, repairs, taxes, insurance, and utilities.Location and accessPositioned just off the Interstate 10 on- and off-ramps, the property offers exceptional visibility to heavy freeway traffic, plus strong counts along E Hospitality Lane and S Waterman Avenue. The site is surrounded by hotels, national retailers, and restaurant concepts that draw local residents, office workers, and freeway travelers, reinforcing the corridor as San Bernardino's dominant dining and retail destination.Recent refurbishment and upgradesOjos Locos has completed a comprehensive remodel of the former restaurant space, investing more than $1 million into interior finishes, branding, bar and audio-visual buildout, seating, and cosmetic exterior improvements to create a contemporary Latin sports cantina environment. These upgrades complement the existing full commercial kitchen, ADA-compliant access and restrooms, tenant-controlled HVAC, security system, and outdoor patio, significantly reducing near-term capital needs for an investor.Demographics and trade areaWithin a three-mile radius, the property benefits from solid household incomes and a growing residential base, with the broader five-mile ring encompassing a population well into the six figures and projected growth over the coming years. The Hospitality Lane corridor functions as a regional dining, retail, and hotel hub for San Bernardino and surrounding communities, benefiting from both destination traffic and steady demand from nearby employment centers and lodging.Recent permitted upgrades at a cost of over $1,300,000:1000 gal grease interceptor (updated)Handicap restrooms (updated)New sewer line and subfloor drain and sinksNew cook lineNew bar and seating configurationsNew beer coolerNew sound and video systemNew lighting systemNew HVAC unitsNew vulcanized roofingNew Ansul Fire Suppression/Sprinklers & AlarmBlinds, flooring, steel reinforcement, plumbing, counter tops, electrical, and more. Itemized list can be provided.Investment highlightsInvestment highlightsThe offering features a single-tenant, triple-net lease to a growing regional restaurant brand that emphasizes sports-centric, late-night food-and-beverage operations, aligning well with the high-traffic, freeway-adjacent location and surrounding hotel base. Combined with Ojos Locos' substantial recent capital investment in the building and the corridor's strong visibility and access, 390 E Hospitality Lane presents an opportunity to acquire a newly refurbished, branded restaurant asset with durable income and long-term upside in a key Inland Empire trade area.Recent permitted upgrades at a cost of over $1,300,000:1000 gal grease interceptor (updated)Handicap restrooms (updated)New sewer line and subfloor drain and sinksNew cook lineNew bar and seating configurationsNew beer coolerNew sound and video systemNew lighting systemNew HVAC units more

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Rental Active

Price

$ 5,999,000

Taxes

$ 0

Style

Lot Size

0.49

Year Built

1986

Town/City

San Bernardino

County/Region

San Bernardino

MLS | Web ID

26988709

Days on Market

343

Features
General
Heating Zoned
Roof Composition Flat Mansard Shingle Tar/Gravel
Zoning ERW/
HOA Fee 0
Security Features Carbon Monoxide Detector(s) Fire Sprinkler System Smoke Detector(s)
Construction Materials Stucco
Year Built 1986
Electric Heavy
Business Type Food & Beverage
Business Name Ojos Locos’
County San Bernardino
Net Operating Income 250000
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Buyer Financing Cash
Directions I-10 to Waterman
City San Bernardino
Open Parking Spaces 60
MLS Area 274 - San Bernardino
Lot Size Units Square Feet
Lot Size Square Feet 21344
Lease Renewal Y/N true
Lease Type NNN
Standard Status Active
Ownership Type Corporation
Cap Rate 4.17
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Laundry Features None
Total Baths 0
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Exterior
Lot Features Near Public Transit Sprinkler System
Water Source Public
Total Parking 60
Lot Size Area 21344
Number of Buildings 1
Building Area Total 9685
Lot Size Acres 0.49
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* Excluded Features
List By
Michael Earley

Listing Agent

Exp Realty Of California Inc

Broker

michael@earleyschick.com

Email

Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/15/2026$5,999,000 Listed Price

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390 E Hospitality Lane, San Bernardino, CA, 92408 is a Property for Rent at $5,999,000 with 9,685 sqft and a lot size of 0.49. 390 E Hospitality Lane was built in 1986. The property's zip code is 92408 which is in San Bernardino, CA