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Highland Center - Availability Details

1673-1709 E. Highland Ave, San Bernardino, CA 92404

  • For Sale $2,595,000
  • City San Bernardino
  • Neighborhood Pacific
  • Zip Code 92404
  • Market Inland Empire
  • Property Type Retail - Strip
  • Property Size 23,423 Sqft
  • Property Tenancy Multi-Tenant
  • Year Built 1958
  • Year Renovated 2016
  • Date Updated 14 Apr, 2021
The property is centrally located on Highland Avenue, which serves as a major retail corridor through the city. With it's close proximity to the 210 Freeway, national retailers and residential community, Highland Center is ideally situated in an ever growing San Bernardino marketplace.
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Location

  • City San Bernardino, CA
  • Neighborhood Pacific
  • Zip Code 92404
  • Market Inland Empire

Contacts

broker

David Rich BRE#00952850

SVN | Rich Investment Real Estate Partners

(310) 500-1239

Highlights

  • Only $110/SF; Below replacement cost
  • Multi Tenant Retail Center
  • Long Term Tenants
  • Approximately $300,000 in TI' s and
  • Capital Improvement
  • New Reflective Roof (2013) with
  • 10 year warranty
  • New AC Units
  • National Anchor Tenants
  • New lights & Signage
  • Newly Painted Building
  • Vacant Units Vanilla Shelled with
  • Security Bars
  • 84% OCCUPIED*
  • Approximately 23,500 SF
  • 16 Camera Surveillance System
  • 100% Street Frontage
  • Upside in Rents
  • Current 7.22% CAP Rate
  • Growing Economy!
  • New Slurry Coated Parking Lot
  • On Highland- One of the busiest streets in San Bernardino
  • Daily traffic count- 23,456
  • Great visibility- surrounded by national & regional centers

Contact Listing Broker

broker

David Rich BRE#00952850

SVN | Rich Investment Real Estate Partners

(310) 500-1239

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