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Interstate Batteries- Leased Investment 1730 S E St

21,000 SF Retail Building San Bernardino, CA 92408 $4,650,000 ($221/SF) 5.42% Cap Rate

Investment Highlights

  • Leased investment sale with corporate lease.
  • Ideal for a 1031 exchange.
  • Limited landlord responsibilities.
  • Call to show.

Executive Summary

Leased investment sale. Ideal for a 1031 exchange. Corporate Net Lease from Interstate Batteries. 4 year lease renewal. 3% annual increases. Freestanding building and stand alone asset, eliminating possible complex CC&R’s.

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
21,000 SF
Building Class
B
Year Built
1980
Price
$4,650,000
Price Per SF
$221
Cap Rate
5.42%
NOI
$252,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
1.38 AC
Opportunity Zone
Yes
Zoning
CG-1, San Bernardino - general commercial
Parking
74 Spaces (1.23 Spaces per 1,000 SF Leased)
Frontage
239 FT on E

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility

Nearby Major Retailers

Red Lobster
IHOP
El Torito
Starbucks
Jpmorgan Chase & And Co
Black Angus Steakhouse
Claim Jumper Steakhouse & Bar
Citizens Business Bank
Sizzler
Golden Corral

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0141-253-08
  • 0141-253-05
Land Assessment
$602,905
Improvements Assessment
$1,243,497
Total Assessment
$1,846,402
  • Listing ID: 25961330

  • Date on Market: 6/17/2022

  • Last Updated:

  • Address: 1730 S E St, San Bernardino, CA 92408

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