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40568 Village Dr, Big Bear Lake, CA, 92315

Village Gateway
$3,208,000

Key Information

Cap Rate
5.75%
$ per SF
$526
Tot. SF
6,097
Term Remaining
± 5.7 Years
Type
Shopping Centers
Occupancy
99%
NOI
$184,488

Highlights

• Tesla Superchargers – Tesla is expanding from 6 existing chargers to 12 and relocating the chargers on-site to include a new dedicated line-up drive lane, demonstrating Tesla’s strong long-term commitment to the location.
• True Triple Net investment delivering stabilized $184,000 NOI with 100% occupancy on long-established tenants, immediate diversified cash flow, and 5.7-year WALT
• Big Bear Gateway at the Welcome to Big Bear sign (The Village – Big Bear Lake) and primary Village Drive intersection with heavy tourist traffic, visibility, access, and parking in a four-season resort drawing over 7 million annual visitors
• Synergistic long-established Tenants Village Pizza, Our Town Liquor, and Tea & Coffee Exchange plus Tesla perfectly serve food, beverage, liquor, and EV needs for heavy tourist demand
• Contractual 2–3% annual escalations or greater of 2%/CPI capped at 5% driving strong retention and renewal upside
• Supply-Constrained Mountain Market supporting long-term value appreciation in this essential retail hub

Photos

Location

Agents

Broker of Record

David Harrington

License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245