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1634 E Highland Ave
San Bernardino, CA 92404 Northeast Sterling

$5,750,000 USD

Drugstore For Sale  •  13,914 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,914 SF
  • Lot Size 1.44 AC
  • Building Class B
  • Year Built 2002
  • Cap Rate 6.76 %
  • Tenancy Single
  • Zoning CG-1
40 Transit Score
50 Walk Score

Highlights

Absolute NNN Walgreens with Passive Income Long-term absolute triple-net lease — Walgreens covers 100% of expenses, delivering predictable, management
8+ Years Remaining with Built-In Rent Growth Lease through 2034 with 5% contractual rent increases every five years plus twelve 5-year renewal options
Stable, Bond-Like Cash Flow from Essential Tenant $389,028 annual rent backed by a nationally recognized, needs-based pharmacy serving daily consumer
?Prime Signalized Corner Near Medical Anchor High-visibility location on E. Highland Ave with strong traffic counts and proximity to Dignity Health
Cap Rate: 6.76 %

Amenities

  • 24 Hour Access
  • Corner Lot
  • Signalized Intersection
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
San Bernardino - Downtown Metrolink Station (Metrolink Inland Empire-Orange County Line - Metrolink Trains, Metrolink San Bernardino Line - Metrolink Trains) 11 min - 5.2 mi
San Bernardino (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 6.7 mi
AirportDriveWalkDistance
Ontario International 33 min - 24.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 74
Type: Surface
Included in Rent: Yes
Jay Gomez 831-325-9847 CBRE, Inc.
Jay Gomez 831-325-9847 CBRE, Inc.