27550 Base Line St - Supermarket FOR SALE


Highland, CA 92346- Highland Town Center
$9,750,000 USD
626-204-1516
27550 Base Line St, Highland, CA for Sale
$9,750,000 USD
Supermarket - FOR SALE
1/5
null | 5.61% Cap Rate

27550 Base Line St
Highland, CA 92346
Highland Town Center


HIGHLIGHTS

  • NNN lease with corporate lease entity: Smart & Final Stores, LLC
  • Approximately 12+ years remaining on the initial lease term
  • 7.5% rent increases every 5 years during the initial term and option periods
  • Signalized corner location less than ¼ mile from Interstate 210 with strong visibility and access

OVERVIEW

NAI Capital is proud to present a NNN investment opportunity located at 27550 Base Line Street in Highland, California, within the highly desirable Inland Empire retail corridor. The property sits on a signalized corner with excellent visibility and access, just under a quarter mile from Interstate 210, which carries approximately 70,000 vehicles per day, while Base Line Street sees an additional 32,000 vehicles daily, providing strong exposure and consistent traffic flow. Surrounded by a dense and growing population of over 80,000 residents within a three-mile radius and supported by strong household incomes, the site benefits from a well-established retail trade area with nearby national tenants that drive daily consumer activity. Its proximity to the San Bernardino International Airport and continued regional growth further enhance its long-term positioning as a strategic, high-visibility retail investment. The property is secured by a long-term NNN lease with Smart & Final Stores, LLC. The 20-year lease commenced in July 2018 and runs through June 2038, with approximately 12+ years of remaining term. The lease provides stable, predictable cash flow with scheduled 7.5% rent increases every five years, along with four (4) five-year extension options, extending the potential term through 2058. This structure delivers both income security and long-term growth, backed by a nationally recognized grocery tenant.

FOR SALE DETAILS

PRICE

$9,750,000 USD

PRICE/SF

$354 USD /SF

CAP RATE

5.61%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Smart & Final

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

119

LAND DETAILS

LAND ACRES

2.9 AC

LAND SF

126,324 SF

ZONING

-

APN/PARCEL ID

1200-421-33

ASK ABOUT THIS PROPERTY

Dave MaronNAI CapitalMore Info
626-204-1516

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Dave MaronNAI CapitalMore Info
626-204-1516

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