Freestanding Restaurant on Corner
39904 Big Bear Blvd Big Bear Lake, CA 92315
39904 Big Bear Blvd, Big Bear Lake, CA, 92315
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For Sale
Contact for pricing
Freestanding restaurant on a 0.55-acre corner lot, fully leased under a modified gross lease through December 2030.
Property Size3,650 SF
Lot Size0.55 Acres
Price / SF$342.47
Days on Market22
Property Features for 39904 Big Bear Blvd
General Information
- Standard status
- Active
- Size
- 3,650 SF
- Lot size
- 0.55 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1935
Listing agency
Cushman & Wakefield Los Angeles
Listed by
Chris Maling · License #CA 01025809
Source
Crexi
Added: Jul 1 Updated: Jul 21 at 10:33PM Checked: Jul 21 at 10:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield Los Angeles
Investment Insights
Based on property information with market context.
This freestanding restaurant property is offered as an exclusive listing opportunity featuring a 3,650 SF building on a 0.55-acre corner lot. The site is fully leased to Country Kitchen, a family-style American restaurant brand established in 1939.
The lease is a newly executed Modified Gross structure with terms through December 2030 and includes two five-year renewal options. The property is located along Big Bear Blvd (SR-18), identified in the remarks as the primary commercial corridor through Big Bear Lake.
As presented, the asset is configured and operated as a restaurant with existing occupancy, supported by the current lease and extended renewal periods.
The lease is a newly executed Modified Gross structure with terms through December 2030 and includes two five-year renewal options. The property is located along Big Bear Blvd (SR-18), identified in the remarks as the primary commercial corridor through Big Bear Lake.
As presented, the asset is configured and operated as a restaurant with existing occupancy, supported by the current lease and extended renewal periods.
Key Highlights
- 3,650 SF freestanding restaurant built in 1935 on a 0.55‑acre corner lot
- Located on Big Bear Blvd (SR‑18), the primary commercial corridor through Big Bear Lake
- Fully leased to Country Kitchen, family‑style American restaurant brand established in 1939
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.4k | $13.80 |
| − Vacancy | −$3.2k | −$0.87 |
| EGI | $47.2k | $12.93 |
| − OpEx | −$11.8k | −$3.23 |
| NOI | $35.4k | $9.70 |
3,650 SF · lease $13.80/SF/yr · vacancy 6.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$505.7K
$442.5K – $590.0K
NOI $35,398 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$769.9K
$673.7K – $898.2K
NOI $53,894 @ 7.0% cap · market cap 4.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Freestanding restaurant on a 0.55-acre corner lot, fully leased under a modified gross lease through December 2030.
Where is this conventional restaurant located?
The property is located at 39904 Big Bear Blvd Big Bear Lake, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 3,650 SF freestanding restaurant built in 1935 on a 0.55‑acre corner lot; Located on Big Bear Blvd (SR‑18), the primary commercial corridor through Big Bear Lake; Fully leased to Country Kitchen, family‑style American restaurant brand established in 1939
