232, 236, 242 Cajon St. FOR SALE


Redlands, CA - South Redlands
$3,950,000 USD
951-276-3610
, Redlands, CA for Sale
$3,950,000 USD
FOR SALE
1/9
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232, 236, 242 Cajon St.
Redlands, CA
South Redlands


HIGHLIGHTS

  • Three-building office and medical portfolio in downtown Redlands.
  • Offered at $276/SF, significantly below replacement cost.
  • 100% leased with strong income and long-term tenancy.
  • Located near major hospitals and healthcare facilities.
  • Garden-style, low-rise design with above-standard parking.
  • Opportunity for owner-user occupancy of ±10,000 SF.

OVERVIEW

Lee & Associates presents the Redlands Office & Medical Building Portfolio, a three-building investment opportunity located at 232, 236, and 242 Cajon Street in Redlands, California. This ±14,328 SF portfolio consists of one medical office building and two professional office buildings on separate parcels, offering flexibility for future disposition or redevelopment. The properties are 100% leased, generating stable income, with Optum occupying two buildings under leases through 2027. Positioned in the heart of downtown Redlands, the portfolio benefits from proximity to major medical centers, including Redlands Community Hospital and Loma Linda University Medical Center, as well as convenient access to Interstate 10. Offered at $3,950,000 ($276/SF), this portfolio is priced below replacement cost, creating a compelling value proposition for investors or owner-users seeking immediate occupancy potential of ±10,000 SF. Ample parking, garden-style design, and recent HVAC upgrades further enhance long-term operational efficiency and tenant appeal.

ASK ABOUT THIS PROPERTY

Thomas PierikLee & Associates Commercial Real Estate ServiceMore Info
951-276-3610

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Thomas PierikLee & Associates Commercial Real Estate ServiceMore Info
951-276-3610

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