Interstate Batteries- Leased Investment | 1730 S E St
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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
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $1,243,497 | |
Land Assessment | $602,905 | Total Assessment | $1,846,402 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$602,905
Improvements Assessment
$1,243,497
Total Assessment
$1,846,402
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Interstate Batteries- Leased Investment | 1730 S E St
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