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291 E Hospitality Ln
San Bernardino, CA 92408 Show Place

$3,790,000 USD

General Retail For Sale  •  1,200 SF

Property Details

  • Property Type General Retail
  • Total Building Size 1,200 SF
  • Lot Size 0.58 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 4.75 %
  • Tenancy Single
  • Zoning CR-3
35 Transit Score
49 Walk Score

Highlights

Single-Tenant Corporate (NASDAQ: SBUX; S&P: BBB+) Starbucks Double Drive-Thru
Rare 15-Year Lease;10% Rental Increases Every 5 Years During the Primary Term and Each of the Four 5-Year Options
2025 Construction; Store Opened in July 2025
Hard Corner, Signalized Intersection of Waterman Avenue and Hospitality Lane (55,000+ CPD)
Freeway Adjacent: The property benefits from a strategic location just off the I-10 Freeway (210,600 CPD) at Waterman Avenue
Dense, Inland Empire Demographics: More than 257,000 people within a 5-mile radius and 142,440 daytime population within a 3-mile radius
Cap Rate: 4.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Starbucks 1,200 SF 7/31/2040

Public Transportation

Commuter RailDriveWalkDistance
San Bernardino - Tippecanoe Metrolink Station (Metrolink San Bernardino Line - Metrolink Trains) 4 min - 1.7 mi
San Bernardino - Downtown Metrolink Station (Metrolink Inland Empire-Orange County Line - Metrolink Trains, Metrolink San Bernardino Line - Metrolink Trains) 8 min - 3.7 mi
AirportDriveWalkDistance
Ontario International 26 min - 19.8 mi
Bill Asher 844-585-7684 Hanley Investment Group
Bill Asher 844-585-7684 Hanley Investment Group