27951 Baseline St - Drug Store FOR SALE


Highland, CA 92346- Crossroads
$5,623,413 USD
760-845-3290
27951 Baseline St, Highland, CA for Sale
$5,623,413 USD
Drug Store - FOR SALE
1/4
null | 6.3% Cap Rate

27951 Baseline St
Highland, CA 92346
Crossroads


HIGHLIGHTS

  • Corporate Net Lease
  • High Trafficked Corner Location
  • Recent Lease Extension

OVERVIEW

Recent 10-year lease extension. Busy, lighted corner on a large lot with drive-thru facility (41,600 ADT). Across from Albertson's anchored center in a dense demographic with $114,933 AHHI within 1 mile / 185,000+ residents within 5 5-mile radius. New roof installed in 2023 with transferable warranty. Excellent sales history. Great visibility and access.

FOR SALE DETAILS

PRICE

$5,623,413 USD

PRICE/SF

$404 USD /SF

CAP RATE

6.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.77 AC

LAND SF

77,101 SF

ZONING

Commercial Retail

APN/PARCEL ID

1201-131-01

ASK ABOUT THIS PROPERTY

Paul BonannoNet Lease Realty PartnersMore Info
760-845-3290

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Paul BonannoNet Lease Realty PartnersMore Info
760-845-3290

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