40941 Big Bear Blvd - Freestanding FOR SALE


Big Bear Lake, CA 92315
$2,650,001 USD
310-879-3547
40941 Big Bear Blvd, Big Bear Lake, CA for Sale
$2,650,001 USD
Freestanding - FOR SALE
1/7
null | 5.81% Cap Rate

40941 Big Bear Blvd
Big Bear Lake, CA 92315


HIGHLIGHTS

  • Located on a highly visible corner lot in the Big Bear Lake resort community
  • Access from Big Bear Blvd and Alden Rd with heavy traffic
  • Ample surface parking on site
  • Great investment opportunity with lease up

OVERVIEW

This well-located retail property offers investors a prime opportunity in the heart of the four-season Big Bear Lake resort community. Positioned directly on Big Bear Boulevard, the asset benefits from excellent visibility, heavy year-round traffic, and consistent demand from residents and tourists. Abundant on-site parking, a strong tenant mix, and clear upside through lease-up of existing vacancy make this a compelling investment. 7.4 Cap once vacancy is leased. All leases are under market and are up for renewal in the next 12-24 months. Opportunity for a Buyer to come in and aggressively increase NOI by professional management and leasing.

FOR SALE DETAILS

PRICE

$2,650,001 USD

PRICE/SF

$246 USD /SF

CAP RATE

5.81%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Little Bear Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,258 SF

ZONING

Commercial Visitor

APN/PARCEL ID

0309-101-47

ASK ABOUT THIS PROPERTY

Jason JohnsonKeller Williams Realty L.A. HarborMore Info
310-879-3547

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jason JohnsonKeller Williams Realty L.A. HarborMore Info
310-879-3547

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.