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Highland Plaza 2102 Palm Ave

17,200 SF 35% Leased Retail Building Highland, CA 92346 $2,600,000 ($151/SF) 4.86% Cap Rate

Investment Highlights

  • ±50 surface parking spaces.
  • 11 retail/office units.

Executive Summary

17K SF strip center in San Bernardino County. Located just off main-on-main intersection of Palm and Highland. Close proximity to I-210 and SR-330.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,200 SF
Building Class
C
Year Built
1980
Price
$2,600,000
Price Per SF
$151
Cap Rate
4.86%
NOI
$126,300
Percent Leased
35%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.77
Lot Size
0.51 AC
Zoning
CG-1 - Retail Strip
Parking
19 Spaces (1.1 Spaces per 1,000 SF Leased)
Frontage
296 FT on Palm Avenue

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • B
  • 1,200 SF
  • Retail
  • -
  • Now
  • 200
  • 5,000 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
B 1,200 SF Retail - Now
200 5,000 SF Retail - Now

B

Size
1,200 SF
Space Use
Retail
Position
-
Available
Now

200

Size
5,000 SF
Space Use
Retail
Position
-
Available
Now

Nearby Major Retailers

Stater Bros Markets
Crossfit
ALDI
Starbucks
Applebee's
Food 4 Less
Smart & Final
Albertsons
Chase Bank
Dutch Bros

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1191-301-06
Land Assessment
$415,586
Improvements Assessment
$692,278
Total Assessment
$1,107,864
  • Listing ID: 28873919

  • Date on Market: 6/28/2023

  • Last Updated:

  • Address: 2102 Palm Ave, Highland, CA 92346

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