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42107 Big Bear Blvd
Big Bear Lake, CA 92315

$5,565,000 USD

Drugstore For Sale  •  12,581 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 12,581 SF
  • Lot Size 1.48 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 5.65 %
  • Tenancy Single
  • Zoning Comm
30 Transit Score
30 Walk Score

Highlights

Trophy Big Bear Lake Location: Located at the signalized intersection of Big Bear Boulevard (29,441 CPD)
Limited Competition/High Barriers to Entry for National Credit Retailers: Extremely rigorous entitlement process
Irreplaceable Destination Real Estate: Located less than 1 mile from Big Bear Lake, Snow Summit Ski Resort, and Bear Mountain Ski Resort
Top Performing Location: Walgreens store sales consistently rank at the top of the chain (lease inquire with the broker for more information)
Established, Proven Location: Walgreens has successfully operated at this location for over 20 years with 5 years remaining and multiple options
Upgraded, Unique Mountain-Themed Construction; Pride of Ownership Asset
Cap Rate: 5.65 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens

Amenities

  • Pylon Sign

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes
Jeremy McChesney 844-585-7671 Hanley Investment Group
Jeremy McChesney 844-585-7671 Hanley Investment Group