4312 N Varsity Ave - Fast Food FOR SALE


San Bernardino, CA 92407- Kendall
$6,667,000 USD
480-221-4221
4312 N Varsity Ave, San Bernardino, CA for Sale
$6,667,000 USD
Fast Food - FOR SALE
1/8
null | 3.75% Cap Rate

4312 N Varsity Ave
San Bernardino, CA 92407
Kendall


HIGHLIGHTS

  • 14 Years Remaining | Scheduled Increases | Options To Extend |Corporate Guaranteed | Drive-Thru Equipped | Excellent Signage
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Corner Intersection (Combined 129,600 VPD) | Dense QSR Corridor
  • Strong Demographics In 5-Mile Trade Area | Direct Consumer Base California State University of San Bernardino (17,900+ Students)

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, corporate guaranteed, Chick-fil-A investment property located in San Bernardino, California. The tenant has approximately 14 years remaining on its lease, with four (5-year) options to extend, demonstrating a long-term commitment to the site. The lease features 10% rental increases every five years throughout the initial term and at the start of each option period, providing a strong hedge against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. The property features 2024 construction with state-of-the-art materials, a dual drive-thru, and excellent visibility via prominent signage on a 75-foot tall pylon sign fronting Interstate 215, further enhancing traffic capture and brand exposure.

FOR SALE DETAILS

PRICE

$6,667,000 USD

PRICE/SF

$1,482 USD /SF

CAP RATE

3.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-Fil-A | 14yrs Remain Corp Abs NNN Grd L

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.52 AC

LAND SF

109,771 SF

ZONING

CG-1

APN/PARCEL ID

0266-591-25

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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