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Off Market
1/1

2067-2071 E Highland Ave
San Bernardino, CA 92404


HIGHLIGHTS

  • Starbucks Cafe + Drive Thru Format: Starbucks Locations w/ Drive-Thru Experience ±50% Greater Store Sales
  • 10-Year Starbucks Lease w/ NO Kick-Out Provision
  • Cricket Wireless: 5-Year Lease w/ 200+ Unit Operator Doing $47 Million in Annual Sales
  • Cardenas/Planet Fitness Anchored: Cardenas Recently Executed 20-Year Lease; Planet Fitness (NYSE: PLNT) Has 2,000+ Locations
  • Brand New 2020 Construction-Opportunity Zone
  • Surrounding Retailers Include: Bank of America, Chase Bank, CVS, Taco Bell, Walgreens, Big 5 Sporting Good, Dollar Tree, Harbor Freight Tools, & more

OVERVIEW

Progressive Real Estate Partners is proud to present the Shops at Sterling Plaza, a newly constructed Starbucks anchored retail pad in the dense, infill City of San Bernardino, CA. With over 132,000 residents within 3-miles, Sterling Plaza is strategically positioned as the “go-to” neighborhood retail center for much of the trade area’s residents. Anchored by Cardenas Markets and Planet Fitness (NYSE: PLNT), the property enjoys uninterrupted access to a steady stream of consumers seeking to fulfill their daily shopping needs. The property features long-term full NNN lease structures offering minimal management responsibility.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Starbucks Shops at Sterling Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

5058

STORIES

1

YEAR BUILT

2020

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

1191-011-24,1191-011-25