3667-3669 Highland Ave - Retail FOR SALE


Highland, CA 92346- Crossroads
$995,000 USD
901-277-3093
3667-3669 Highland Ave, Highland, CA for Sale
$995,000 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

NEW


3667-3669 Highland Ave
Highland, CA 92346
Crossroads


HIGHLIGHTS

  • Strong Traffic Counts - ±29,540 cars per day at the signalized intersection of Palm Ave & Highland Ave
  • Recent Capital Improvements – New roof, façade, canopy, lighting, and additional exterior improvements
  • ±4,320 SF building configured into two units allowing for owner occupancy plus rental income
  • Trade Area’s Primary Thoroughfare – Highland Avenue serves as the main retail corridor for the surrounding community.
  • Proximity to Major Demand Drivers – Located near Yaamava Resort & Casino following a $760M expansion and adjacent to new housing developments
  • Purchase financing is available to owner-users through the Small Business Administration (SBA), with down payments as low as 10%.

OVERVIEW

Progressive Real Estate Partners is pleased to present the opportunity to acquire a ±4,320 SF owner/user retail property located at 3667–3669 Highland Avenue in Highland, CA. The asset is configured into two units, allowing an owner to occupy one suite while generating income from the second, creating an efficient cost-offsetting ownership structure. Additionally, a buyer has the flexibility to occupy the entire building by removing the dividing wall. With SBA financing available at as little as 10% down, an owner-user can own for a comparable or lower cost than leasing while benefiting from rental income potential, principal paydown, and long-term equity creation, providing greater control of occupancy costs and participation in future appreciation. The property is located along Highland Avenue, the area’s primary retail corridor, with exposure to ±29,540 CPD at the signalized intersection of Palm Avenue and Highland Avenue. The surrounding trade area includes over 179,000 residents (5-mile radius) and is supported by major demand drivers, including Yaamava Resort & Casino, nearby medical uses, and new housing. Recent improvements include a new roof, façade, canopy, and lighting.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

±4,320 SF Owner/User Opportunity

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

CG-1

APN/PARCEL ID

1200-011-08

ASK ABOUT THIS PROPERTY

Lance MordachiniProgressive Real Estate PartnersMore Info
901-277-3093

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Lance MordachiniProgressive Real Estate PartnersMore Info
901-277-3093

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