1634 E HIGHLAND AVE

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1634 E HIGHLAND AVE

SAN BERNARDINO, CA 92404-4616
Asking Price
$5.75M
Cap Rate
6.76%
Asset Type
Pharmacy/Drug Retail
Class
Class B

What's Special

Just Listed! Long‑Term Walgreens NNN Investment with Built-In Rent Growth | San Bernardino, CA <ul><li>​<strong>Absolute NNN Walgreens with Passive Income</strong> Long-term absolute triple-net lease — Walgreens covers 100% of expenses, delivering predictable, management-free cash flow.</li></ul><p></p><ul><li>​<strong>8+ Years Remaining with Built-In Rent Growth </strong>Lease through 2034 with 5% contractual rent increases every five years plus twelve 5-year renewal options.</li></ul><p></p><ul><li>​<strong>Stable, Bond-Like Cash Flow from Essential Tenant </strong>$389,028 annual rent

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NOI
$80,000
Cap Rate
1.39%
DSCR
0.23
Underwater
Cash-on-Cash
-15.15%
Monthly Payment
$28,447.863
Annual Cash Flow
$-261,374.352

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