- For Sale $7,783,000
- Property Type Retail - Street Retail
- Property Size 12,144 SF
- Date Updated Apr 12, 2024
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Attachments
Highlights
- Hybrid Asset: Combining Single-Tenant Quality with Multi-Tenant Income Diversity – This asset possesses the tenant quality and lease structures typically found in single tenant net lease deals while maintaining the income diversity commonly associated with multi-tenant deals.
- National Tenants – The property features nationally recognized brands- Taco Bell, IHOP, Wienerschnitzel & 76 Service Station.
- Corporate Signatures – IHOP and Wienerschnitzel leases are signed directly with corporate.
- Below Market Leases – The average restaurant lease rate for the center is is $68,279/Yr., well below the market lease rate of $90,000 to $150,000/Yr. and giving investors major upside potential upon lease renewals.
- Embedded Rent Increases – Each lease includes embedded rent increases, serving as a hedge against inflation.
- Development Opportunity – This property offers a unique opportunity for an investor to develop the ±1.5 acres of land, expanding the center and increasing revenue.
- Freeway Pylon Sign – The property features a prominent freeway sign visible to over 100,000 CPD along the I-210 corridor.
- Monument Signage – Each parcel features a dedicated monument sign.
- Separately Parceled – Each asset is individually parceled and offers flexibility for future disposition strategies.
- Direct Access to I-210 Freeway Exit – Situated directly adjacent to the I-210 freeway exit, the subject property is strategically positioned to capture a high volume of potential customers.
- Surrounding Traffic Generators – The location shares a freeway exit with Yaamava’ Resort & Casino and the San Bernardino Soccer Complex, offering the center maximum exposure as traffic flows to these popular destinations.
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Contacts
Location
Getting Around
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Walk Score ®
73/100 Very Walkable -
Transit Score ®
36/100 Some Transit -
Bike Score ®
39/100 Somewhat Bikeable
- City San Bernardino, CA
- Neighborhood San Bernardino Gardens
- Zip Code 92346
- Market Inland Empire
Points of Interest
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San Bernardino Transit Center
4.36 miles
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Tippecanoe Avenue
4.57 miles
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San Bernardino Depot
4.91 miles
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Esri
5.64 miles
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Downtown Redlands
6.02 miles
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University of Redlands
6.55 miles
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Rialto
8.45 miles
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Chevron
0.00 miles
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Arco
0.35 miles
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Valero
0.59 miles
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Victoria Gas
1.04 miles
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Circle K
1.16 miles
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Valero
1.17 miles
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Circle K
1.20 miles
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76
1.21 miles
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Shell
1.27 miles
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7-Eleven
1.36 miles
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Bus Parking
1.14 miles
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2 Hour Public Parking
4.04 miles
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City Hall Public Parking Sctructure
4.09 miles
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Carousel Mall Parking Structure
4.11 miles
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North Parking Lot
5.73 miles
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Lot H
5.74 miles
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Lot G
5.80 miles
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Lot F
5.82 miles
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South Parking Lot
5.83 miles
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(handicapped)
5.98 miles
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Taco Bell
0.04 miles
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Wienerschnitzel
0.07 miles
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Denny's
0.08 miles
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Pizza House
0.10 miles
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IHOP
0.12 miles
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Baker's
0.14 miles
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Pepper Steak
0.49 miles
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Taco Joe's
0.58 miles
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Del Taco
0.60 miles
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El Pollo Loco
0.63 miles
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Food 4 Less
0.45 miles
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Big Lots
0.49 miles
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Walmart Neighborhood Market
0.52 miles
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Stater Bros.
1.44 miles
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Smart & Final
1.90 miles
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ALDI
1.97 miles
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Walmart Supercenter
2.19 miles
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Albertsons
2.38 miles
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Hiep Thanh
3.02 miles
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Stater Bros.
3.86 miles
Frequently Asked Questions
What is the lease rate for 4 Adjacent Single Tenant Properties?
Rental asking rate at 4 Adjacent Single Tenant Properties is $3,891,500.00/YR.
What is the total square footage of 4 Adjacent Single Tenant Properties?
4 Adjacent Single Tenant Properties totals 12,144 square feet.
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