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Interstate Batteries- Leased Investment 1730 S E St 21,000 SF Retail Building San Bernardino, CA 92408 $6,325,488 CAD ($301.21 CAD/SF) 5.75% Cap Rate
Investment Highlights
- Lease expires May 31, 2027
- Ideal for a 1031 exchange.
- Leased investment sale with corporate lease.
- 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. Lease expires May 31, 2027
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
$6,325,488 CAD
Price Per SF
$301.21 CAD
Cap Rate
5.75%
NOI
$363,543 CAD
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’ on E
Amenities
- Dedicated Turn Lane
- Freeway Visibility
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,725,385 CAD | |
| Land Assessment | $836,546 CAD | Total Assessment | $2,561,931 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$836,546 CAD
Improvements Assessment
$1,725,385 CAD
Total Assessment
$2,561,931 CAD
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Interstate Batteries- Leased Investment | 1730 S E St
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