This property is Off-Market

1357 Kendall Drive
San Bernardino, CA 92407 ·

9,685 SF · Retail For Sale

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Kendall Center

Price N/A Cap Rate 11.50%
Gross Leasable Area 9,685 SF Occupancy 100%
Property Type Retail Tenancy Multiple
Property Sub-type Strip Center Year Built 1988
Property Use Type Investment Lot Size 28,800 AC
Listing ID: 127064 Date Created: 06/15/2001 Last Updated: 07/30/2001

Description

Kendall Center is a 9,685 square foot shopping center located in the city of San Bernardino, CA. This attractive center, with distinguishing blue mansard tile roofing, was built in 1988. The center has prominent visibility via 240 feet of frontage on Kendall Drive - a major east/west arterial. Favorable ground lease - does not revert back like typical ground lease.

Kendall Center is located in the northern portion of San Bernardino, within close proximity to the (I-215) Freeway. The area benefits from a strong mix of single and large-scale multi-family residences. The subject neighborhood is known as University Park. California State University at San Bernardino is less than 2 miles from the subject.

Highlights

  • 100% Occupied
  • 16% Cash on Cash
  • 8 of the 9 leases provide 3% fixed annual increases!

Research

1357 Kendall Drive, San Bernardino, CA 92407 (San Bernardino County)

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