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The Nlag Advantage
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San Bernardino, CA 92407
IHOP
Property Address
4023 University Parkway, San Bernardino, CA, USA
Offering Summary
Price:
$3,464,000
Lot Size:
.74 Acres
Cap Rate:
4.85%
Year Built:
1998
Building SF:
4,000
Status:
In Escrow
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Principal
Broker
Absolute Triple-Net (NNN) Corporate Lease with Eight Years Remaining
10 Percent Rental Increases Every Five Years
Strong 24+ Year Operating History
Healthy Rent to Sales Ratio
261,373 Residents within a Five-Mile Radius - Dense San Bernardino Infill
Recent Renovations and New Sign Package
College Town Location Just One Mile from California State University, San Bernardino (19,400 Students)
Adjacent to Interstate 215 with Excellent Freeway Visibility - Visible to 46,000 Cars/Day Along University Parkway and 72,000 Cars/Day Along I-215
Broker Information
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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