27430 Baseline St - Retail FOR SALE


Highland, CA 92346- Highland Town Center
$11,764,000 USD
949-506-2009
27430 Baseline St, Highland, CA for Sale
$11,764,000 USD
Retail - FOR SALE
1/10
null | Request Cap Rate

27430 Baseline St
Highland, CA 92346
Highland Town Center


HIGHLIGHTS

  • New 15 Year Lease | 2025 Construction | Corporate Guaranty Scheduled Increases
  • NN | Fee Simple Ownership | Limited Landlord Responsibilities
  • Across From Target Anchored Center | Near Outlets At Orange
  • Strong Demographics In 5-Mile Trade Area | Inland Empire MSA

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a corporate guaranteed (NASDAQ: TSCO), investment grade (S&P: BBB) Tractor Supply investment property located in Highland, California (San Bernardino MSA). The tenant recently signed a brand new 15 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 5% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$11,764,000 USD

PRICE/SF

$654 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Tractor Supply | 15-Yr | 5% Bumps

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

110

LAND DETAILS

LAND ACRES

2.4 AC

LAND SF

104,544 SF

ZONING

MU

APN/PARCEL ID

1200-381-47

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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