CVS Pharmacy

5200 University Parkway - San Bernardino California 92407

LTV (Loan to Value)	65.00%	Current NOI	$353,903.00
Interest Rate	4.250%	Capital Rate	0.000%
Fixed Term	10 Years	Land Area	2.23 Acres
Amortization	25 Years	Lease Type	NNN
Loan Amount	$4,192,500.00	Property Type	Retail
Payment	$22,712.37	Property Lease	Drug Store
Bulding Size	15,251 SF	Remaining Terms	+/- 10 Years

Location Description

NNN Lenders is pleased to offer for sale to qualified investors a CVS Pharmacy located at 5200 University Parkway, San Bernardino, California. Located less than one half mile from the subject property, California State University San Bernardino is one of the Inland Empire's largest trainers of business managers. With more than 17,000 students enrolled in more than 50 undergraduate degree programs, Cal State San Bernardino is one of the fastest growing campuses in the state university system.

Highlights

Rare Rental Increases – Lease contains five percent (5%) rental increases every five (5) years Tenant – CVS is the…

Property Description

San Bernardino is a community rich in history and cultural diversity nestled south of the San Bernardino mountains and west of the lower desert. The city also serves as the county seat and is the largest city in the County of San Bernardino with a population of over 205,000. Located less than one half mile from the subject property, California State University San Bernardino is one of the Inland Empire's largest trainers of business managers. With more than 17,000 students enrolled in more than 50 undergraduate degree programs, Cal State San Bernardino is one of the fastest growing campuses in the state university system. In 2012, California State University, San Bernardino was named as a Best College in the Western Region by The Princeton Review for the eighth straight year in a row, ranking it among the top 25 percent of universities across the nation. In 2011, the university's College of Business and Public Administration was recognized by European CEO Magazine as one of the top 20 schools of business in the world.