325 E Hospitality Ln | San Bernardino, CA 92408
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- LoopNet Team
325 E Hospitality Ln
San Bernardino, CA 92408
Golden Corral · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- High visible area and heavy traffic
- Potential 5% cap rate for the first year
- Well known franchise restaurant with stable income (annual rent is approximately 5% of the gross income)
- Long term absolute NNN lease, it's a source of passive income with minimal responsibilities for the owner
- 15-year initial lease terms with 2 10-year options
- Located in Opportunity Zone
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
11,337 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.26 AC
Zoning
CR3
Parking
190 Spaces (16.76 Spaces per 1,000 SF Leased)
AMENITIES
- Freeway Visibility
- Pylon Sign
- Restaurant
- Security System
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,881,078 | |
| Land Assessment | $2,803,015 | Total Assessment | $7,684,093 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,803,015
Improvements Assessment
$4,881,078
Total Assessment
$7,684,093
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