1605 E Highland Ave - Fast Food FOR SALE
San Bernardino, CA 92404 |
1605 E Highland Ave
San Bernardino, CA 92404
HIGHLIGHTS
- 1605 E Highland Avenue presents a rare absolute NNN investment opportunity to own a drive-thru quick-service restaurant with near-term upside.
- Strategically at a signalized corner location of Highland and Del Rosa Avenue frequented by over 39,000 VPD and adjacent to many nearby retailers.
- Occupied by Jack in the Box through a corporate guaranteed lease expiring in 2035 with options to extend for 5 years, each with 12.5% rent increases.
- Within a 5-mile radius of 1605 Highland Avenue, customer expenditure for dining out totals over $80.1 million annually at all hours of the day.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Jack in the Box
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
2502
STORIES
1
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
14
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
0273-371-27
