1054 W Highland Ave - Freestanding FOR SALE


San Bernardino, CA 92405- Muscupiabe
$2,355,000 USD
901-277-3093
1054 W Highland Ave, San Bernardino, CA for Sale
$2,355,000 USD
Freestanding - FOR SALE
1/5
null | 7.15% Cap Rate

1054 W Highland Ave
San Bernardino, CA 92405
Muscupiabe


HIGHLIGHTS

  • Single-Tenant Discount Retail in a Core San Bernardino Trade Area Located along Highland Avenue
  • Centrally positioned between I-215, I-210, and State Route 259, providing exceptional regional connectivity & sustained commuter &pass-through traffic
  • Positioned directly across from Home Depot and Stater Bros., driving consistent consumer traffic to the immediate trade area.
  • Situated within a built-out urban corridor with limited competing retail land available for future development.
  • On-site recycling operations provide supplemental income, enhancing the overall yield of the investment.
  • High population density in an infill urban trade area supports strong, repeat demand for discount retail and recycling center operations.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,355,000 USD

PRICE/SF

$257 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super Bargains

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

CG-1

APN/PARCEL ID

0148-241-20

ASK ABOUT THIS PROPERTY

Lance MordachiniProgressive Real Estate PartnersMore Info
901-277-3093

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Lance MordachiniProgressive Real Estate PartnersMore Info
901-277-3093

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.