Rancho Cucamonga, CA – October 30, 2025 – Progressive Real Estate Partners, the Inland Empire’s leading retail real estate brokerage firm, announced today the $7,950,000 sale of an ARCO Gas Station and AM/PM Convenience Store at 15333 Rancherias Road in Apple Valley, CA. The purchase included both the business and the real estate.
The station is located in the growing High Desert region of SoCal’s Inland Empire at the signalized intersection of US Highway 18 and Rancherias Road with average traffic counts of over 31,600 cars per day providing excellent visibility to passing motorists.
Victor Buendia, Senior VP of Gas Station and Car Wash Sales of Progressive Real Estate Partners represented both parties in the transaction. The seller and repeat client is an Inland Empire based private investor. The buyer, also an Inland Empire based private investor, owns other ARCO gas stations in Central California.
Built in 1998, the well-established and meticulously maintained ARCO station features 6 recently replaced dispensers with 16 fueling positions. The sale also included a 2,737 square foot AM/PM convenience store that has recently been refreshed with updated equipment and increased inventory. Customers can purchase a variety of grocery items including snacks, to-go fresh food and beverages including beer and wine (type 20 liquor license).
The property is located in a growing area with a population of over 40,000 residents and an average household income in 
excess of $110,000 within a 3-mile radius. Adjacent and neighboring retailers include Wal Mart, Albertsons, America’s Tire, AutoZone, Chase Bank, Little Caesars Pizza, McDonalds, Taco Bell and others.
According to Victor Buendia, “The strong ARCO AM/PM brand, recent improvements, high visibility location and the growing trade area made this listing very attractive. The buyer, who owns other ARCO stations, recognized the property’s value right away.”
Buendia added, “By leveraging our banking relationships, we assisted the buyer in obtaining SBA financing with Open Bank. And, with both parties being experienced operators, the transaction came together smoothly and efficiently.”
About Progressive Real Estate Partners
Progressive Real Estate Partners (PREP) is a boutique commercial brokerage firm headquartered in Rancho Cucamonga, California. Founded in 2008, the firm specializes in the leasing and sale of retail properties in Southern California’s Inland Empire, San Gabriel Valley and Coachella Valley. The firm is also the exclusive Inland Empire representative of the Retail Brokers Network (RBN). Since the firm’s inception Progressive has completed over 1,650 lease and sales transactions valued at more than $1.8B in over 35 cities throughout the region. Progressive uses the latest marketing and brokerage techniques to help retailers and property owners achieve their real estate goals