Home › NNN Properties For Sale › California › San Bernardino County
40 NNN properties are observed for sale in San Bernardino County, California across 29 tenants and 18 towns as of November 9, 2026, at a median asking cap rate of 5.75%, 9 basis points above the California median of 5.66%. Investment Grade Research tracks each one across publicly marketed offerings and broker materials, places each listing in its county from its mapped location, checks rated tenants against the investment grade threshold, and publishes the observations here: which tenants and towns carry the inventory, what it is asking, how San Bernardino County prices against California and the national market, and how an acquisition or 1031 exchange buyer should work through it.
Asking cap rates in San Bernardino County run from 4.00% to 9.10%, with the middle half of listings between 5.25% and 6.50%. Median asking price $3.48M (median $532 per SF). Average remaining lease term 10.3 years among 13 listings that state a term. 7 listings report a 2026 build year. 17 listings were first observed and 11 dropped off active tracking in the last 90 days. Figures update automatically across publicly marketed offerings and broker materials.
San Bernardino County vs California and the National NNN Market
| Measure | San Bernardino County | California | United States |
|---|---|---|---|
| Observed listings | 40 | 453 | 7,398 |
| Median asking cap rate | 5.75% | 5.66% | 6.35% |
| Middle half of asking cap rates | 5.25% to 6.50% | 5.00% to 6.25% | 5.70% to 7.15% |
| Median asking price | $3.48M | $4.06M | $2.77M |
| Average remaining lease term (listings stating a term) | 10.3 yrs | 9.8 yrs | 10.1 yrs |
| Listings with an investment grade rated tenant brand or parent company | 20% | 22% | 25% |
All three columns use the same listing rules. A county median reflects both location and which tenants are on the market, so compare any listing with its tenant’s cap rate range before reading a gap as a discount or a premium.
NNN Properties For Sale in San Bernardino County: Latest Listings
Up to twenty-four single-tenant net lease properties in San Bernardino County with published pricing, the newest from each tenant first. Below the table, the full listing browser carries every observed San Bernardino County listing with tenant, town, cap rate, price and term filters. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.
| Tenant | Town | Asking Price | Cap Rate | NOI | Term Left | Built | Lease | |
|---|---|---|---|---|---|---|---|---|
| Tire Choice | Fontana | $1,320,000 | 5.00% | $66,000 | n/a | 1960 | Not stated | Get full property data |
| Harbor Freight Tools | Victorville | $3,890,000 | 6.00% | $233,413 | n/a | 1989 | Not stated | Get full property data |
| Caliber Collision | San Bernardino | $4,666,726 | 5.65% | $263,670 | n/a | 1978 | Not stated | Get full property data |
| 7-Eleven | Colton | $5,300,000 | 5.14% | $272,561 | n/a | 1995 | Not stated | Get full property data |
| Starbucks | Apple Valley | $3,008,850 | 5.65% | $170,000 | n/a | 1990 | Not stated | Get full property data |
| Quick Quack Car Wash | Victorville | $3,520,000 | 6.25% | $220,000 | n/a | 2026 | Not stated | Get full property data |
| Dutch Bros | Victorville | $2,505,263 | 4.75% | $119,000 | n/a | 2026 | Not stated | Get full property data |
| Dollar Tree | Victorville | $2,890,000 | 6.00% | $174,333 | n/a | 2014 | Not stated | Get full property data |
| Western Dental | San Bernardino | $1,600,000 | 7.44% | $119,107 | n/a | 1950 | Not stated | Get full property data |
| Black Rock Coffee Bar | Upland | $4,400,000 | 5.00% | $220,000 | n/a | 2026 | Not stated | Get full property data |
| Red Lobster | Victorville | $5,746,000 | 6.50% | $373,465 | n/a | 1992 | Not stated | Get full property data |
| Learning Care Group | Victorville | $2,800,000 | 6.28% | $175,769 | n/a | 2001 | Not stated | Get full property data |
| Denny's | Baker | $2,195,000 | 9.10% | $199,650 | 5.4 yrs | 2004 | Absolute NNN | Get full property data |
| Walgreens | Big Bear Lake | $4,923,000 | 6.50% | $320,000 | n/a | 2007 | NNN | Get full property data |
| Country Kitchen | Big Bear Lake | $1,250,000 | 5.00% | $62,144 | 4.4 yrs | 1935 | Modified | Get full property data |
| Smart & Final | Fontana | $7,690,000 | 5.85% | $449,994 | 10.9 yrs | 2000 | Absolute NNN | Get full property data |
| Crunch Fitness | Hesperia | $8,525,000 | 7.00% | $596,670 | n/a | 1987 | Not stated | Get full property data |
| Mobile Fleet Management | Fontana | $1,650,000 | 5.00% | $83,206 | n/a | 1986 | Not stated | Get full property data |
| Pizza Hut | Twentynine Palms | $777,931 | 7.25% | $56,400 | 1.4 yrs | 1987 | Absolute NNN | Get full property data |
| Chick-fil-A | San Bernardino | $6,250,000 | 4.00% | $250,000 | 13.3 yrs | 2024 | Absolute NNN | Get full property data |
| Tractor Supply | Highland | $10,784,000 | 6.00% | n/a | 15.0 yrs | 2025 | NN | Get full property data |
| County of San Bernardino | Ontario | $4,900,000 | 7.10% | $347,943 | n/a | 2008 | Not stated | Get full property data |
| Freddy's Frozen Custard & Steakburgers | Barstow | $2,971,000 | 5.25% | $156,000 | 15.0 yrs | 2024 | Absolute NNN | Get full property data |
| Bank of America | Rancho Cucamonga | $5,886,000 | 5.30% | n/a | n/a | 1975 | Not stated | Get full property data |
Showing 24 of 40 observed San Bernardino County listings: the newest from each tenant first, then each tenant’s next newest. Listings without a published asking price and cap rate are not shown here.
Market observations aggregated from publicly marketed offerings and broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the offering party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.
San Bernardino County NNN Properties by Tenant
Listing count, median asking cap rate and cap range by tenant. Tenants with a linked page have a profile covering credit rating status, cap rates and inventory.
| Tenant | Listings | Median Cap | Cap Range | Median Price | |
|---|---|---|---|---|---|
| Walgreens | 5 | 7.16% | 6.50% to 8.25% | $4.92M | Walgreens NNN for sale |
| Quick Quack Car Wash | 4 | 5.43% | 5.35% to 6.25% | $3.81M | |
| Starbucks | 4 | 5.65% | 4.71% to 5.75% | $3.32M | Starbucks NNN for sale |
| Pizza Hut | 2 | 6.65% | 6.05% to 7.25% | $1.13M | |
| 76 Gas | 1 | n/a | n/a | $2.80M | |
| 7-Eleven | 1 | n/a | 5.14% | $5.30M | 7-Eleven NNN for sale |
| Arco Gas Station | 1 | n/a | n/a | $8.29M | |
| Bank of America | 1 | n/a | 5.30% | $5.89M | Bank of America NNN for sale |
| Better Buzz Coffee | 1 | n/a | 5.00% | $2.22M | |
| Black Rock Coffee Bar | 1 | n/a | 5.00% | $4.40M | |
| Caliber Collision | 1 | n/a | 5.65% | $4.67M | |
| Chick-fil-A | 1 | n/a | 4.00% | $6.25M | Chick-fil-A NNN for sale |
| Country Kitchen | 1 | n/a | 5.00% | $1.25M | |
| County of San Bernardino | 1 | n/a | 7.10% | $4.90M | |
| Crunch Fitness | 1 | n/a | 7.00% | $8.53M | |
| Denny's | 1 | n/a | 9.10% | $2.20M | |
| Dollar Tree | 1 | n/a | 6.00% | $2.89M | Dollar Tree NNN for sale |
| Dutch Bros | 1 | n/a | 4.75% | $2.51M | Dutch Bros NNN for sale |
| Freddy's Frozen Custard & Steakburgers | 1 | n/a | 5.25% | $2.97M | |
| Harbor Freight Tools | 1 | n/a | 6.00% | $3.89M | Harbor Freight Tools NNN for sale |
| Learning Care Group | 1 | n/a | 6.28% | $2.80M | |
| Mister Car Wash | 1 | n/a | 6.00% | $3.33M | Mister Car Wash NNN for sale |
| Mobile Fleet Management | 1 | n/a | 5.00% | $1.65M | |
| Red Lobster | 1 | n/a | 6.50% | $5.75M | |
| Smart & Final | 1 | n/a | 5.85% | $7.69M |
Tenants with the most San Bernardino County listings observed (top 25 of 29).
Tenant Credit in San Bernardino County
8 of 40 observed San Bernardino County listings (20%) are leased to tenant brands whose own or parent company’s verified S&P, Moody’s or Fitch rating is investment grade (BBB‑ or Baa3 and above) in the Investment Grade ratings database, compared with 22% across California and 25% nationally. Brands not yet in the ratings database count as not rated, so the share is a floor. A franchised location may be leased to a franchisee rather than the rated company, so confirm the tenant and any guarantee in the lease. Ratings and outlooks by tenant are on the investment grade credit tenant ratings page.
San Bernardino County NNN Properties by Town
The towns with the most observed San Bernardino County listings are San Bernardino (9), Victorville (6) and Upland (4). Tap any town in the table to filter the full listing browser to that town.
| Town | Listings | Median Cap | Avg Asking Price |
|---|---|---|---|
| San Bernardino | 9 | 5.65% | $4.27M |
| Victorville | 6 | 6.13% | $3.56M |
| Upland | 4 | 5.00% | $3.55M |
| Fontana | 3 | 5.00% | $3.55M |
| Barstow | 2 | 5.65% | $2.23M |
| Big Bear Lake | 2 | 5.75% | $3.09M |
| Hesperia | 2 | 6.50% | $5.93M |
| Highland | 2 | 7.13% | $7.54M |
| Apple Valley | 1 | n/a | $3.01M |
| Baker | 1 | n/a | $2.20M |
| Chino Hills | 1 | n/a | $8.00M |
| Colton | 1 | n/a | $5.30M |
| Ontario | 1 | n/a | $4.90M |
| Phelan | 1 | n/a | $3.19M |
| Rancho Cucamonga | 1 | n/a | $5.89M |
| Redlands | 1 | n/a | $1.47M |
| Twentynine Palms | 1 | n/a | $0.78M |
| Yucca Valley | 1 | n/a | $2.80M |
Towns as named in each listing (all 18).
San Bernardino County Economy at a Glance
| Measure | Value | Period | Source |
|---|---|---|---|
| Resident population | 2,224,091 (+1.9% since 2020) | 2025 | FRED CASANB1POP, U.S. Census Bureau |
| Unemployment rate (not seasonally adjusted) | 5.5% | September 2026 | FRED CASANB1URN, U.S. Bureau of Labor Statistics |
| Per capita personal income | $53,991 | 2024 | FRED PCPI06071, U.S. Bureau of Economic Analysis |
Latest published figures from FRED, Federal Reserve Bank of St. Louis, with the original publisher named. Each figure shows its own period and refreshes automatically when a new period is published.
NNN Properties in Counties Bordering San Bernardino County
- NNN properties for sale in Los Angeles County, California (110 listings)
- NNN properties for sale in Clark County, Nevada (51 listings)
- NNN properties for sale in Riverside County, California (32 listings)
- NNN properties for sale in Orange County, California (28 listings)
- NNN properties for sale in Kern County, California (15 listings)
- NNN properties for sale in Inyo County, California (3 listings)
Counties that share a land border with San Bernardino County, by observed listings with a confirmed county. Bordering counties with no observed listings are not shown, and counties without their own page yet are listed for reference.
How These Figures Are Calculated
Figures cover single-tenant net lease properties observed for sale in San Bernardino County, California across publicly marketed offerings and broker materials, and refresh automatically with each Investment Grade Research update. Each listing is placed in its county from its mapped location using U.S. Census Bureau county boundaries and, where possible, confirmed against its street address through the Census Bureau geocoder or the county named in the listing; a listing whose county cannot be confirmed is left off this page but stays on the California page. A listing counts while it is actively marketed; listings marked under contract, pending, on hold or closed are excluded, as are listings priced under $150,000. Medians use published asking prices and published cap rates; listings without a published cap rate are left out of cap rate figures. These figures describe what sellers are asking, not closed sale prices, and an auction listing may show its starting bid as the asking price. The California and national comparisons use the same rules. Tenant credit uses verified ratings in the Investment Grade ratings database.
Frequently Asked Questions: NNN Properties For Sale in San Bernardino County
How many NNN properties are for sale in San Bernardino County, California?
As of November 9, 2026, 40 single-tenant net lease properties are observed for sale in San Bernardino County across 29 tenants and 18 towns. The count updates automatically as listings are added and withdrawn.
What cap rates are San Bernardino County NNN properties asking?
The median asking cap rate is 5.75%, with the middle half of listings between 5.25% and 6.50%. Asking cap rates describe what sellers are asking, not closed sale prices.
How does San Bernardino County compare with the rest of California?
The San Bernardino County median asking cap rate of 5.75% sits 9 basis points above the California median of 5.66%. A county median reflects both location and which tenants are on the market, so compare a listing with its tenant’s cap rate range before reading the gap as a discount or a premium.
Which tenants have the most San Bernardino County NNN listings?
The tenants with the most observed listings are Walgreens (5), Quick Quack Car Wash (4) and Starbucks (4).
Which towns in San Bernardino County have the most NNN listings?
The towns with the most observed listings are San Bernardino (9), Victorville (6) and Upland (4). Tap a town in the town table to filter the listing browser.
More NNN Markets
- NNN properties for sale in California, with California transfer and property tax notes
- All NNN properties for sale by tenant
- 1031 exchange rules and replacement property strategy
- What a cap rate is and how to read one
Buying With 1031 Exchange Proceeds?
Compare this inventory with all 7,398 NNN properties observed for sale nationally on the 1031 exchange properties page, sorted by price band, tenant credit, remaining lease term and state. Then check your 1031 exchange deadlines: 45 days to identify replacement property and 180 days to close, or your tax return due date (including extensions) if that comes first (IRC 1031(a)(3); Treas. Reg. 1.1031(k)-1(b)(2)). General information, not tax or legal advice.
