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Village Gateway 40568 Village Dr 6,097 SF 100% Leased Retail Building Big Bear Lake, CA 92315 $3,208,000 ($526.16/SF) 5.75% Cap Rate
Investment Highlights
- Tesla expanding from 6 to 12 Superchargers on-site with new dedicated drive lane
- Gateway location at Welcome to Big Bear sign | 7 million+ annual visitors
- Contractual 2–3% annual rent escalations or 2%/CPI capped at 5%
- True NNN investment | $184,488 NOI | 100% occupied | 5.7-year WALT
- Synergistic tenants: Village Pizza, Our Town Liquor, Tea & Coffee Exchange + Tesla
- Supply-constrained mountain market supporting long-term value appreciation
Executive Summary
David Harrington
License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
6,097 SF
Building Class
B
Year Built
1975
Price
$3,208,000
Price Per SF
$526.16
Cap Rate
5.75%
NOI
$184,488
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.54 AC
Zoning
SP
Parking
26 Spaces (4.26 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0308-144-23 | Improvements Assessment | $1,122,626 |
| Land Assessment | $600,787 | Total Assessment | $1,723,413 |
Property Taxes
Parcel Number
0308-144-23
Land Assessment
$600,787
Improvements Assessment
$1,122,626
Total Assessment
$1,723,413
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Map
Contact the Sale Advisor
Village Gateway | 40568 Village Dr