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The Swiss Center 42011 Big Bear Blvd 9,938 SF 100% Leased Retail Building Big Bear Lake, CA 92315 $2,789,048 CAD ($280.64 CAD/SF) 5.70% Cap Rate
EXECUTIVE SUMMARY
Wow!!! $200,000 price reduction. Priced to sell!!! Lets get this sold. 33 units - Prime commercial property right in the center of town. Property consists of two APN numbers with two addresses. 42001 Big Bear Blvd is a 2 story building and consists of 4896 Square feet on a 15,867 lot and has 8 units and 19 storage units, as well as parking for snow plowing equipment, and picnic area. The 8 units all have their own heating and air. 42011 Big Bear Blvd is also a two story building and consists of 5042 Square feet on a 15,596 lot and has a restaurant that occupies the entire bottom floor with 6 units on the top floor. Tenants are long term. The roof is only 3-4 years old and seller just completed a nice picnic area on the corner property. Property has a huge parking lot for at least 40 cars. Combined properties share the marquee sign, right on the boulevard. Property is priced to sell............. For additional information, please call Gene Sais at (562) 884-1089. thesaisgroup@sbcglobal.net.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$200,675
|
$20.19
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$200,675
|
$20.19
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$41,753
|
$4.20
|
| Net Operating Income |
$158,921
|
$15.99
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $200,675 |
| Annual Per SF | $20.19 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $200,675 |
| Annual Per SF | $20.19 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $41,753 |
| Annual Per SF | $4.20 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $158,921 |
| Annual Per SF | $15.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,938 SF
Building Class
C
Year Built
1989
Price
$2,789,048 CAD
Price Per SF
$280.64 CAD
Cap Rate
5.70%
NOI
$158,924 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.72 AC
Zoning
C2 - Commercial
Parking
40 Spaces (4.02 Spaces per 1,000 SF Leased)
Frontage
6,377’ on Big Bear Blvd
AMENITIES
- Corner Lot
- Courtyard
- Restaurant
- Storage Space
- Monument Signage
- Balcony
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- 1
- -
- -
- -
- -
- 2
- -
- -
- -
- -
- 3
- -
- -
- -
- -
- 4
- -
- -
- -
- -
- 5
- -
- -
- -
- -
- 6
- -
- -
- -
- -
- 7
- -
- -
- -
- -
- 8
- -
- -
- -
- -
- A
- -
- -
- -
- -
- B,C,D.E + 20 Storage Units
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| 1 | - | - | - | - | ||
| 2 | - | - | - | - | ||
| 3 | - | - | - | - | ||
| 4 | - | - | - | - | ||
| 5 | - | - | - | - | ||
| 6 | - | - | - | - | ||
| 7 | - | - | - | - | ||
| 8 | - | - | - | - | ||
| A | - | - | - | - | ||
| B,C,D.E + 20 Storage Units | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,031,829 CAD (2025) | |
| Land Assessment | $381,923 CAD (2025) | Total Assessment | $2,413,751 CAD (2025) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$381,923 CAD (2025)
Improvements Assessment
$2,031,829 CAD (2025)
Total Assessment
$2,413,751 CAD (2025)
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The Swiss Center | 42011 Big Bear Blvd
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