301 W Base Line St
San Bernardino, CA 92410
Retail Property For Sale

Marcus & Millichap is pleased to present a USA Checks Cashed Single Tenant Net leased Investment. The property consists of 2,099 square feet sitting on a .40 acre parcel at the signalized intersection of Baseline Street and Arrowhead Avenue where traffic counts exceed 39,000 cars per day. The property was very well designed with points of ingress and egress on both Baseline Street and Arrowhead Avenue with a large parking field consisting on 31 parking spaces, for a 14.77 to 1 parking ratio. The location is home to a variety of necessity and service based tenants some of which include: 7-11, Smart and Final, Farmers Insurance, Pizza Hut, Save a Lot and Goodyear Tire. The building consists of concrete block construction and 20-foot building heights that provides excellent exposure at the corner. The property is in close proximity to the Interstate 215 where traffic exceeds 125,000 cars per day. Population density exceeds 358,336 people in a 5-mile radius. USA Checks Cashed has been at this location since 2002 and the investment is an absolute net leased single tenant, corporate guaranty. The offering is an above market 6.25% Cap rate with 10% rent increases every 5 years. The primary term will be 10 years and executed at the close of escrow with options to renew.