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Starbucks | San Bernardino 935 Kendall Dr 1,872 SF Retail Building San Bernardino, CA 92407 $3,864,000 ($2,064.10/SF) 5.15% Cap Rate

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INVESTMENT HIGHLIGHTS

  • New Construction Single-Tenant Corporate (NASDAQ: SBUX; S&P: BBB+) Starbucks Drive-Thru Pad to Stater Bros Market
  • Outparcel to Stater Bros Market Anchored Shopping Center (1.6 Million Annual Visits to the Shopping Center, Placer.ai)
  • New 10-year lease; 10% Rental Increases Every 5 Years During the Primary Term and Each of the Four 5-Year Options
  • Located Two Miles from California State University, San Bernardino (20,000+ Students, 2,000+ Faculty)

EXECUTIVE SUMMARY

New 10-Year Lease | Frontage Along Kendall Drive (23,500 CPD) | 270,000+ People Within 5-Miles

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,872 SF
Building Class
B
Year Built
2025
Price
$3,864,000
Price Per SF
$2,064.10
Cap Rate
5.15%
NOI
$199,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.43 AC
Parking
13 Spaces (6.94 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Drive Thru

NEARBY MAJOR RETAILERS

Starbucks
Chase Bank
Stater Bros Markets
Cardenas
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0266-521-12
Land Assessment
$490,000
Improvements Assessment
$10,000
Total Assessment
$500,000
  • Listing ID: 35593939

  • Date on Market: 4/22/2025

  • Last Updated:

  • Address: 935 Kendall Dr, San Bernardino, CA 92407

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