Starbucks | San Bernardino, CA | 2536 Highland Ave
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Starbucks | San Bernardino, CA 2536 Highland Ave
1,020 SF Retail Building Highland, CA 92346 £2,948,317 (£2,891/SF) 5% Net Initial Yield
Investment Highlights
- New Construction Single-Tenant Corporate (NASDAQ: SBUX; S&P: BBB+) Starbucks Drive-Thru: New 10-year lease
- Located Near Top Regional Employers and in the Path to Key Traffic Generators in the Area, Notably the Yaamava’ Resort & Casino
- Highland/San Bernardino is Part of the Inland Empire, One of the Fastest-Growing Regions in the Nation
- Prominently Located Along the Trade Area’s Primary Thoroughfare; Freeway Adjacent
- Dense, High-Growth Inland Empire Demographics: More than 217,000 people within a 5-mile radius
Executive Summary
New 10-Year Lease | Freeway Adjacent (115,000+ CPD) | 217,000+ People Within 5 Miles
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
1,020 SF
Building Class
B
Year Built
2024
Price
£2,948,317
Price Per SF
£2,891
Net Initial Yield
5%
NOI
£147,431
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Land Acres
0.51 AC
Zoning
Commercial
Parking
17 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
Walk Score ®
Very Walkable (73)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 0285-742-18 | Improvements Assessment | £221,203 |
Land Assessment | £295,893 | Total Assessment | £517,096 |
PROPERTY TAXES
Parcel Number
0285-742-18
Land Assessment
£295,893
Improvements Assessment
£221,203
Total Assessment
£517,096
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Starbucks | San Bernardino, CA | 2536 Highland Ave
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