Pair of San Bernardino retail properties sells
Two retail buildings at the University Town Center in San Bernardino have been sold for a combined $3.7 million.
One property, at 4304 University Parkway, sold for $1.7 million to a private investor in Temecula whose name was not released, according to Progressive Real Estate Partners in Rancho Cucamonga, which brokered both sales.
That site is occupied by Jiffy Lube, the single tenant in a 2,173-square-foot structure that was built in 2017.
The second structure, at 4414 University Parkway, sold for $1.9 million to a private investor in Walnut who also wished to remain anonymous. That building is fully leased to Subway, Little Caesars and Liquid Tea Bar.
University Town Center is less than one mile from Cal State San Bernardino, next to the University Parkway exit on Interstate 215, according to the statement.