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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
$5,192,300 CAD
Price Per SF
$2,773.66 CAD
Cap Rate
5.25%
NOI
$272,630 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
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Starbucks
Chase Bank
Stater Bros Markets
Cardenas
Bank of America

Property Taxes

Property Taxes

Parcel Number
0266-521-12
Land Assessment
$678,645 CAD
Improvements Assessment
$13,850 CAD
Total Assessment
$692,495 CAD
  • Listing ID: 35593939

  • Date on Market: 2025-04-22

  • Last Updated:

  • Address: 935 Kendall Dr, San Bernardino, CA 92407

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