This multi-tenant retail asset is a fully stabilized investment opportunity located at 745 E Hospitality Lane within the South Palm Center in San Bernardino, California. The property consists of three leased retail units, anchored by two national brands, Panda Express and Juice It Up!, along with an established regional Mexican restaurant concept. All tenants operate under NNN leases, providing passive income and minimal landlord responsibilities. The current Year 1 NOI is approximately $181,387 with a 5.50% cap rate, reinforcing the property’s value as a secure, cash-flowing investment.
Positioned along a high-traffic commercial corridor, the property offers ±66 feet of frontage on E Hospitality Lane and ±148 feet on Harriman Place. It benefits from excellent regional connectivity via the I-10 and I-215 freeways, placing it within 30 minutes of Orange County and approximately one hour from Los Angeles. South Palm Center is a well-established retail hub featuring Home Depot, Aldi, and other national retailers, contributing to consistent customer traffic.