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Starbucks | San Bernardino 935 Kendall Dr 1,872 SF Retail Building San Bernardino, CA 92407 $5,354,731 CAD ($2,860.43 CAD/SF) 5.15% Cap Rate
INVESTMENT HIGHLIGHTS
- New Construction Single-Tenant Corporate (NASDAQ: SBUX; S&P: BBB+) Starbucks Drive-Thru Pad to Stater Bros Market
- Outparcel to Stater Bros Market Anchored Shopping Center (1.6 Million Annual Visits to the Shopping Center, Placer.ai)
- New 10-year lease; 10% Rental Increases Every 5 Years During the Primary Term and Each of the Four 5-Year Options
- Located Two Miles from California State University, San Bernardino (20,000+ Students, 2,000+ Faculty)
EXECUTIVE SUMMARY
New 10-Year Lease | Frontage Along Kendall Drive (23,500 CPD) | 270,000+ People Within 5-Miles
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,872 SF
Building Class
B
Year Built
2025
Price
$5,354,731 CAD
Price Per SF
$2,860.43 CAD
Cap Rate
5.15%
NOI
$275,774 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.43 AC
Parking
13 Spaces (6.94 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0266-521-12 | Improvements Assessment | $13,678 CAD |
| Land Assessment | $670,222 CAD | Total Assessment | $683,900 CAD |
PROPERTY TAXES
Parcel Number
0266-521-12
Land Assessment
$670,222 CAD
Improvements Assessment
$13,678 CAD
Total Assessment
$683,900 CAD
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Starbucks | San Bernardino | 935 Kendall Dr
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