300 S Highland Springs Ave - Storefront FOR SALE
Banning, CA 92220 |
300 S Highland Springs Ave
Banning, CA 92220
HIGHLIGHTS
- Below Market Rents: Blended Average Rents of $.080/SF - Current Market Rents at $1.25/SF
- Premium Location: Highly Trafficked, signalized corner of S. Highlight Springs Ave (23,300 VPD) & I-10 FWY (275K+ VPD)
- Explosive Trade Area Growth: 7,000 New Homes recently built and over 5,000 more planned or under construction by national home builders
- 97,380 Square-feet of Institutional quality retail building with 3 investment grade tenants
- 3 National Tenants: Marshalls, Hobby Lobby, & Big 5 Sporting Goods
- Value-Add Opportunity: 20,020 square-feet of leasable area available at market rents of $1.25/SF
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Building 1
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Supermarket, Department Store
TOTAL BUILDING SIZE
97380
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
300
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
-
