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    41969 Big Bear Big Bear Lake, CA 92315

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    For Lease
    $9,838 /Mo

    Commercial Lease, Other - Big Bear Lake, CA

    Property size:
    4,576 SF
    Lot size:
    0.94 Acres
    Added:
    Apr 15, 2026
    Days on Market:
    20
    Last Refresh:
    May 4 at 6:06 pm

    Property Features for 41969 Big Bear

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Size
    4,576 SF
    Lot size
    0.94 Acres

    Building Details

    Year built
    1981
    Architectural style
    Other

    We can help!

    Listing Contact
    Raffy Krikorian

    Listing agent Raffy Krikorian License #02022762,PersonLicenseNumber

    Listing office NextHome Grandview 1501 W. Magnolia Blvd., CA

    Listing date Apr 15, 2026

    MLS# GD26083200 Listing URL

    Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Building with Drive-Thru

    This freestanding commercial building offers approximately 4,576 square feet of space and includes an existing drive-thru. It is located on Big Bear Boulevard, the primary retail and traffic corridor in Big Bear Lake. The property is situated on a large parcel of approximately 0.94 acres, providing street presence, visibility, and convenient access. On-site signage offers branding potential along this heavily traveled corridor. The location benefits from over 3 million annual visitors to nearby ski resorts, the lake, and year-round recreational activities. The surrounding area includes residential communities and a tourism-driven commercial environment. The existing drive-thru infrastructure and flexible layout make this space adaptable, particularly for financial institutions seeking visibility and accessibility. Ample on-site parking and the large lot size enhance functionality and ease of access. This property is located in one of Big Bear’s most heavily trafficked corridors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Electronics & Wireless Store Car Rental Facility Electrical Service Clothing & Fashion Store Arcade & Gaming Center Restaurant Pet Grooming Service Mobile Phone Store (Bike/Boat/Book/etc) Store Florist

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Vons Floral — 42170 Big Bear Blvd, Big Bear Lake, CA 92315

    Location Insight

    • Map
    • Local Demand
    City
    Big Bear Lake
    County
    San Bernardino
    State
    California
    Longitude
    -116.8862302
    Latitude
    34.242906

    Nearby Similar for Lease

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    • $6,846/Mo

      Big Bear Lake Office Space

      3260 SF office space with five private offices for lease.
      41945 Big Bear #209 Boulevard, Big Bear Lake, CA 92315
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    • Contact for pricing

      Retail Center in Big Bear

      Thriving retail center near Snow Summit and Bear Mountain.
      42170 Big Bear Blvd, Big Bear Lake, CA, 92315
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    FAQs

    What type of property is this?
    Storefront property - High-visibility commercial building with drive-thru on Big Bear Blvd.
    Where is this storefront property located?
    The property is located at 41969 Big Bear Big Bear Lake, CA.
    What is the lease rate?
    The lease rate is $9,838 /Mo.
    What are key features of this property?
    This property features: Freestanding ±4,576 SF commercial building with existing drive‑thru.; Located on Big Bear Blvd, the main retail and traffic corridor.; High visibility and accessibility with convenient ingress and egress.
    (626) 945-2509
    We can help!
    Listing Contact
    Raffy Krikorian
    Real Estate License ID: 02022762,PersonLicenseNumber
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    41969 Big Bear, Big Bear Lake, CA 92315
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