26545 Highland Ave Highland, CA 92346
High-yield retail investment, CA.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- New 10-year NNN lease with Ross Dress for Less, including four 5-year options; store opening October 2024.
- Investment-grade tenant: Ross Stores, Inc. (NASDAQ: ROST), a Fortune 500 company with a BBB+ S&P credit rating.
- High-traffic location adjacent to a high-performing Food 4 Less grocery store with a fuel center.
- Triple-net (NNN) lease structure; tenant responsible for all operating expenses, minimizing landlord responsibilities.
- Newly renovated building (1995, renovated 2024) with roof, HVAC, façade, and signage improvements.
- Below-replacement-cost asset; difficult to replicate at the asking price given location and tenant.
Property Details for 26545 Highland Ave
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 20,042 SF
- Year Built/Renovated
- 1995/2024
- Lot Size (sq. ft)
- 88,427 SF
Location Insight
- City
- Highland
- County
- San Bernardino
- State
- California
- Latitude
- 34.1344594
- Longitude
- -117.2245276
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - High-yield retail investment, CA.
- Where is the lifestyle center located?
- The property is located at 26545 Highland Ave Highland, CA.
- What is the asking price?
- The asking price for this property is $5,389,445.
- What are key features of this property?
- This property features: New 10-year NNN lease with Ross Dress for Less, including four 5-year options; store opening October 2024.; Investment-grade tenant: Ross Stores, Inc. (NASDAQ: ROST), a Fortune 500 company with a BBB+ S&P credit rating.; High-traffic location adjacent to a high-performing Food 4 Less grocery store with a fuel center.
- How can I contact the broker?
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