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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
168 ft on Highland Ave

Amenities

  • Drive Thru
Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Ihop Restaurant
Starbucks
Denny's
Food 4 Less
Rent-A-Center
Cardenas
Planet Fitness
Bank of America
Waba Grill
The Camp Transformation Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0285-742-18
Land Assessment
£295,893
Improvements Assessment
£221,203
Total Assessment
£517,096
  • Listing ID: 33398688

  • Date on Market: 03/10/2024

  • Last Updated:

  • Address: 2536 Highland Ave, Highland, CA 92346

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