Walgreens - Highland

For Sale

27951 Baseline St, Highland, CA 92346

This Highland property for sale is located at 27951 Baseline St. The current listed sale price for Walgreens - Highland is $6,161,000. Walgreens - Highland is situated on a lot that is 1.77 acre in size.

Contacts

broker

Ryan Bennett

Lee & Associates - North San Diego

(760) 448-2449

Property Details

  • Property Type Retail - Street Retail
  • Property Size 13,905 SF
  • Lot Size 1.77 Acre
  • Parking Spaces Avail. 40
  • Property Tenancy Single Tenant
  • Year Built 2000
  • Date Updated Mar 25, 2024
Price: $6,441,000 Cap: 5.75% NOI: $354,275 Summary: Lee & Associates is pleased to exclusively offer for sale, the fee simple interest (land & building) in a Walgreens property located in Highland, CA within the County of San Bernardino (the “Property”). Built in 2000, the Property consists of a 13,905-square-foot retail building with a drive-thru lane that sits on an approximately 1.77-acre parcel. The building is leased to Walgreens Co. on a corporate lease, providing the security of an investment grade credit rating of “BBB” from Standard of Poor’s. Parent company Walgreens Boots Alliance (NASDAQ: WBA), is publicly traded with an impressive $50B market CAP. WBA is also the largest retail pharmacy operator in the US and Europe, with over 13,000 stores in over 9 countries. Highlights: • Strong Reported Sales with a 12% Rent to Sales Ratio • $64,000 in New Roof Repairs (New 12 Year Transferable Roof Warranty) • Top 12% Performing Walgreens Store Nationally (Source: Placer.ai) • Shadow Anchored by High Performing Highland Village Plaza Shopping Center (1.3M Visits/Year) ***CONTACT LISTING BROKERS FOR MORE INFORMATION***

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Attachments

Getting around

  • 67/100

    Walk Score ®

  • 32/100

    Transit Score ®

  • 43/100

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Location

  • City Highland, CA
  • Zip Code 92346
  • Market Inland Empire

Points of Interest

  • Esri

    4.21 miles

  • Downtown Redlands

    4.32 miles

  • University of Redlands

    4.58 miles

  • Tippecanoe Avenue

    4.99 miles

  • San Bernardino Transit Center

    5.98 miles

  • San Bernardino Depot

    6.69 miles

  • Valero

    0.23 miles

  • Arco

    0.28 miles

  • 76

    0.43 miles

  • Chevron

    0.89 miles

  • Valero

    0.94 miles

  • ChargePoint

    0.96 miles

  • Tesla Supercharger

    1.01 miles

  • Chevron

    1.07 miles

  • Arco

    1.20 miles

  • 7-Eleven

    1.35 miles

  • Bus Parking

    2.95 miles

  • Armacost Parking Lot

    4.27 miles

  • Stauffer Science Center Parking Lot

    4.38 miles

  • Truesdail Parking Lot

    4.50 miles

  • North Parking Lot

    4.81 miles

  • South Parking Lot

    4.90 miles

  • 2 Hour Public Parking

    5.75 miles

  • City Hall Public Parking Sctructure

    5.76 miles

  • Loma Linda VA Employee Parking Garage

    5.82 miles

  • Carousel Mall Parking Structure

    5.84 miles

  • KFC

    0.03 miles

  • Wendy's

    0.10 miles

  • Rosa Maria's

    0.14 miles

  • Carl's Jr.

    0.18 miles

  • McDonald's

    0.25 miles

  • Jack in the Box

    0.28 miles

  • Panda Express

    0.30 miles

  • Popeyes

    0.46 miles

  • Baker's

    0.75 miles

  • Orchid Thai

    0.86 miles

  • Albertsons

    0.22 miles

  • Smart & Final

    0.54 miles

  • Walmart Supercenter

    1.16 miles

  • ALDI

    1.18 miles

  • Stater Bros.

    1.21 miles

  • Stater Bros.

    1.44 miles

  • Big Lots

    1.96 miles

  • Food 4 Less

    1.99 miles

  • Walmart Neighborhood Market

    2.87 miles

  • ALDI

    3.13 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Ryan Bennett

Lee & Associates - North San Diego

(760) 448-2449