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Country Kitchen Restaurant and 8 Room Hotel 39904 Big Bear Blvd

3,500 SF Retail Building Big Bear Lake, CA 92315 £1,513,232 (£432/SF) 5.77% Net Initial Yield

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Investment Highlights

Absolute NNN with 10+years Single Tenant Lease 5.8% CAP
Excellent Visibility Central Location directly on HWY 18

Big Bear is the most visited Mountain in Southern California for Winter and Summer Vacations!

Executive Summary

In 2019 everything was fully overhauled and beautifully renovated. That included structural, electrical, plumbing, walls, flooring, windows etc. even brand-new interior Fire Sprinkler system, as per current building codes. Absolute NNN Lease in place for the next 10+ years. Single Tenant pays Property Tax, All Insurance Cost, Maintenance, etc. Zero Owner Responsibility/passiveIncome. 5.8% CAP Rate. Buildings sit on over 1/2 acre and there are plenty of parking spots (approx.30) Fantastic Visibility and very easy access because the property is located directly on the Main Road (18 / Big Bear Blvd.) Close to All attractions! Walking distance and view of Big Bear Lake. Great Investment opportunity in this Southern California Darling Vacation Spot: "Big BearLake Winter and Summer Vacation Destination" Fully running Restaurant (famous USA Country Kitchen Franchise) with over 20dining tables, big Kitchen, cellar for cooler and storage, and Mini Hotel with a total of 8 Guest rooms and 10 Bath rooms total.Most visited Ski Location in Southern California. Big Bear has approx. 3M+ annual visitors and approximately $30M are spent annually on Food and Beverages. Approx. $450M annually spent on general tourism and lodging on this famous S. CaliforniaTourist Destination.