Listed by Cushman & Wakefield Los Angeles
$1,250,000
39904 Big Bear Blvd
Details
Property Type Retail
Sub Type Restaurant
Square Footage 3,650
Cap Rate 5.00%
NOI $62,144
Tenancy Single
Brand/Tenant Country Kitchen
Lease Type Modified
Lease Term 5
Lease Expiration 12/16/2030
Remaining Term 4.5
Lease Options 2 x 5-Year Extensions
Price per SqFt $342
Year Built 1935
Year Renovated 2019
Buildings 1
Acreage 0.550
Zoning C-1
Parking Spaces 30 spaces
Parking per 1,000 SqFt 8.22
Tenant Credit Franchisee
Lease Commencement 12/16/2025
Ground Lease No
Sale Condition For sale by owner
$1,250,000 | 5.00% CAP | 3,650 SqFt
Marketing description
Cushman & Wakefield is pleased to present the exclusive listing of Country Kitchen, a 3,650 SF freestanding restaurant on a 0.55-acre corner lot along Big Bear Blvd (SR-18), the primary commercial corridor through Big Bear Lake. The property is fully leased to Country Kitchen, a family-style American restaurant brand established in 1939, under a newly executed Modified Gross lease through December 2030 with two five-year renewal options.
Investment highlights
- 5-year term (Dec 2025–Dec 2030) with two 5-year renewal options extending through 2040 and automatic 5% escalations at each 2-year interval.
- Situated on a corner parcel at the intersection of SR-18 — Big Bear's main commercial artery. All inbound resort traffic passes this property, delivering maximum daily exposure to 22,500+ peak-season visitors.
- Comprehensive 2019 renovation refreshed the alpine-style exterior, covered outdoor patio seating (∸80 total seats), and interior finishes — delivering a turnkey asset with minimal near-term capex.
- The 6,752-foot elevation and remote mountain setting create a captive dining market. Full-service breakfast and casual dining options are scarce, giving Country Kitchen a durable competitive moat.
- Big Bear Mountain Resort anchors winter ski traffic and summer mountain biking — delivering two distinct peak seasons and a strong shoulder-season base from the lake and hiking communities.
- Price point under $1.5M appeals directly to 1031 exchange buyers seeking passive, fully-leased assets. Minimal landlord obligations under the Modified Gross structure further enhance net yield.
Listing Contacts
Listed by Cushman & Wakefield Los Angeles
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$62,144.00
$5,178.67/mo
Valuation Metrics
0
DSCR
4.97%
Cap Rate
4.97%
ROI
Map
Zoning
BV/RC SpecialBear Valley Resource Conservation
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View all 64 uses Last updated Mar 4, 2026 For deeper zoning details, reports are available at Zoneomics
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