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Highland Center-- San Bernardino, CA

Exclusively Listed

Call for offers January 29th

Highland Center is a 23,423 multi-tenant retail center located on Highland Ave in northeast San Bernardino, CA.  The project is offered at a price of $2,595,000 ($110/SF) which equates to a current 7.22% CAP rate and a projected Cap rate of 8.44%. 
Investment Highlights:

7.22% Cap Rate 8.44 % Pro Forma

  • Only $110/SF; Below replacement cost
  • 84% OCCUPIED*
  • Multi Tenant Retail Center
  • Long Term Tenants with recent extensions
  • Approximately $300,000 in TI' s 
  • New Reflective Roof (2013) 
  • 16 Camera Surveillance System
  • 100% Street Frontage
  • Great visibility- surrounded by national & regional centers

 

Call for offers January 29th

  • Present an LOI or offer.
  • Present proof of funds.
  • Present letter from bank if financing.
  • Must also get second approval from our lender
  • List of properties the buyer owns.

 

Click here for the Offering Memo
Copyright © 2018 SVN - Rich Investment Real Estate Partners, All rights reserved.


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