1054 W Highland Ave

Located along Highland Avenue, the primary east-west retail corridor serving San Bernardino and centrally positioned between Interstate 215, Interstate 210, and State Route 259, providing exceptional regional connectivity and sustained commuter and pass-through traffic.Progressive Real Estate Partners is pleased to present the opportunity to acquire a single-tenant discount retail investment located along Highland Avenue in San Bernardino, one of the city’s primary east-west retail corridors serving a dense, established urban trade area. The property is offered at an attractive 7.15% in-place cap rate, providing a strong in-place yield from a necessity-based retail use that benefits from high-frequency visitation and resilience across economic cycles. The property is centrally located between I-215, I-210, and State Route 259, providing exceptional regional connectivity. The site is positioned directly across from Home Depot and Stater Bros., driving consistent daily traffic to the immediate trade area. Situated within a dense, infill urban corridor with limited competing retail land available for future development, the location supports long-term tenant demand and durable occupancy. In addition, the property features an on-site recycling center that provides a supplemental income stream, further enhancing the overall yield. With strong surrounding population density, ±159,280 residents within a 3-mile radius and nearly 350,000 residents within a 5-mile radius, the asset is well positioned to benefit from sustained, repeat consumer demand in a well-established urban retail trade area.