Listed by KW Commercial Inland Empire
$2,995,000
Highland Ave. & Waterman Ave.
Details
APN 0146-032-12, 0146-032-13, 0146-032-14
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 6,114
Net Rentable (SqFt) 6,114
Units 5
Cap Rate 4.67%
NOI $140,000
Occupancy 100%
Tenancy Multi
Brand/Tenant Subway
Lease Type Net
Price per SqFt $490
Broker Co-Op Yes
Buildings 3
Stories 1
Lot Size (SqFt) 33,131
Zoning Commercial General (CG-1)
Investment Type Value Add
Tenant Credit Franchisee, Corporate Guarantee
Ground Lease No
Signalized Retail Corner & Value Add Opportunity
Marketing description
- 100% Leased Multi-Tenant Retail on a Heavy Trafficked and Signalized Corner in San Bernardino, CA
- Offering includes a drive-thru restaurant on its own parcel
- Long-Term Tenants, averaging +/-18.66 years at their locations, showing commitment to the space
- Signalized Retail Corner & Value Add Opportunity
- W.A.L.T. of +/-2.31 (See OM for Full Rent Roll)
- Billboard on site
- Top Retail Trade Area (Nearby Starbucks Top 5% Location per Placer.AI)
- NOI Figures are Estimated Based Upon Current Expenses and Variable, Percentage of Sale(s) Leases (Inquire for Additional Details)
Investment highlights
- 100% Leased Multi-Tenant Retail on a Heavy Trafficked and Signalized Corner in San Bernardino, CA
- Offering includes a drive-thru restaurant on its own parcel
- Long-Term Tenants, averaging +/-18.66 years at their locations, showing commitment to the space
- Signalized Retail Corner & Value Add Opportunity
- W.A.L.T. of +/-2.31 (See OM for Full Rent Roll)
- Billboard on site
- Top Retail Trade Area (Nearby Starbucks Top 5% Location per Placer.AI)
- NOI Figures are Estimated Based Upon Current Expenses and Variable, Percentage of Sale(s) Leases (Inquire for Additional Details)
Listing Contacts
Listed by KW Commercial Inland Empire
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$140,000.00
$11,666.67/mo
Valuation Metrics
0
DSCR
4.67%
Cap Rate
4.67%
ROI
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