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4235 University Pky 5,040 SF 100% Leased Retail Building San Bernardino, CA 92407 $2,685,000 ($532.74/SF) 6.15% Cap Rate
Executive Summary
Prime retail property ( 3 units ) in the University Village, located right off 215 Fwy near California State University San Bernardino. The property is adjacent to McDonald's, Domino's Pizza & T-Mobil. It's across street from Starbuck, Chick-fil-A and Dutch Brothers. Other tenants in the University Village include I-Hop, WaBa Grill, Chevron, DaVita, and others.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,040 SF
Building Class
B
Year Built
2000
Price
$2,685,000
Price Per SF
$532.74
Cap Rate
6.15%
NOI
$165,096
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.49 AC
Zoning
CG1 - Commercial General
Parking
24 Spaces (4.76 Spaces per 1,000 SF Leased)
Frontage
86’ on University Pkwy
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
Walk Score®
Very Walkable (70)
Nearby Major Retailers
Property Taxes
| Parcel Number | 0266-561-20 | Improvements Assessment | $1,920,786 |
| Land Assessment | $679,173 | Total Assessment | $2,599,959 |
Property Taxes
Parcel Number
0266-561-20
Land Assessment
$679,173
Improvements Assessment
$1,920,786
Total Assessment
$2,599,959
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4235 University Pky
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