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$998,888
Est. payment /mo
0.57 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP26150242
HOA Y/N No
Year Built 2003
Lot Size 0.567 Acres
Property Sub-Type Retail
Property Description
Exceptional Single-Tenant Net Lease Investment Opportunity! This freestanding retail building is strategically located at the signalized hard-corner intersection of Base Line Street and Sterling Avenue in Highland, California, offering outstanding visibility and easy access along a high-traffic commercial corridor. The property is newly leased to Fiesta Insurance, a well-established regional franchise with more than 30 locations throughout California, New Mexico, and Texas.
Constructed in 2003 with durable concrete block construction, this investment provides stable in-place income with scheduled annual rent increases. What truly sets this property apart is the included adjacent vacant land, creating a rare value-add opportunity for future development, expansion, additional parking, or a potential ground lease, allowing investors to maximize long-term returns.
Surrounded by established national and regional retailers, this property offers an attractive combination of dependable cash flow, a strong corner location, and significant upside through future development potential. An ideal opportunity for 1031 exchange buyers and investors seeking both current income and long-term appreciation
Constructed in 2003 with durable concrete block construction, this investment provides stable in-place income with scheduled annual rent increases. What truly sets this property apart is the included adjacent vacant land, creating a rare value-add opportunity for future development, expansion, additional parking, or a potential ground lease, allowing investors to maximize long-term returns.
Surrounded by established national and regional retailers, this property offers an attractive combination of dependable cash flow, a strong corner location, and significant upside through future development potential. An ideal opportunity for 1031 exchange buyers and investors seeking both current income and long-term appreciation
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 1191181560000
Special Listing Condition Standard
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Listed by Matthew Arfa AMS Holdings, Inc. 714-726-9909, DRE #02048672
Nearby Locations
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