Shoe Palace & Elliot’s Pet Emporium

895 South E Street, San Bernardino, CA
Deal Type:
Net Lease
Price:
$3,553,414
Cap Rate:
7.00%
Current Rent:
$248,739
Building Sq. Ft.:
17,307 SF
Site Size:
1.00 Acres

Investment Highlights

  • COMMITMENT: Lease calls for 4% annual rental escalations, providing a strong hedge against inflation.
  • VALUE ADD: Future upside in rents as 57% (Elliot’s Pet Emporium) of the annual rent is below market.
  • CREDIT: Lease guaranteed by Shoe Palace Corporate, a wholly owned subsidiary of JD Sports, a $7b revenue company
  • SURROUNDING RETAIL: Situated in a dense retail corridor with high quality tenants, including: Costco Wholesale, Target, Sam’s Club, Home Depot, Planet Fitness

Listing Agents

Phil DiGennaro

Managing Director
203 610 1541
phil@stream-cp.com

Connor Shell

Managing Director
4079139009
connor@stream-cp.com

Download Offering Memorandum

Please enter your first name, last name, email address and phone number in the text boxes. Please also indicate whether you are a Buyer or Broker. Once the form is submitted the offering memorandum will be emailed to you.

    Are you a buyer or broker?

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.







    X

    Request Due Diligence Access

    Please fill out and submit the form below to request access to due diligence for this property. If you agree with the terms of the NDA, please check the "Approve NDA" box and submit. By submitting this form, you agree to the Terms and Conditions of the Confidentiality Agreement.

    If you would like to modify the NDA, please download the Word version, make your changes, and attach the revised version to the form or email it to phil@stream-cp.com.

    Once we receive your NDA, we will contact you with login information.

    View/Download NDA in Word format

      If you have made changes to the Word version of the NDA, please attach it here

      This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.






      View All Listings