Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6909 Victoria Ave, Unit F Highland, CA 92346

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,973 /Mo

    New 19,300+ SF shopping center for lease.

    Lot size:
    2.60 Acres

    Property Features for 6909 Victoria Ave

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    2.60 Acres

    We can help!

    Listing Contact
    Antonio Hermosillo
    Source: Elliman

    Listing Agent: Antonio Hermosillo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    New Shopping Center Opportunity

    A new 19,300+ square foot shopping center is about to break ground and start construction. Leasing applications are being accepted for tenants to operate in this commercial suite. The shopping center is scheduled to start construction in the next few months. The property is located in Highland, CA.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Highland Plaza, Coin Time Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Highland
    County
    San Bernardino
    State
    California
    Longitude
    -117.2255791
    Latitude
    34.1280315

    Nearby Similar for Lease

    • $3,450 /Mo

      Retail Space in Highland

      Retail space suitable for service-oriented businesses in North East Highland.
      7223 Church St, Highland, CA 92346
      View Details
    • $2,016 /Mo

      New Shopping Center Retail Space

      New 19,300+ SF shopping center for lease.
      6909 Victoria Ave, Highland, CA 92346
      View Details
    • $1,884 /Mo

      New Retail Center Opportunity

      New 19,300+ SF shopping center seeking tenants.
      6909 Victoria Ave, Highland, CA 92346
      View Details
    • $3,450 /Mo

      Retail Space in Highland

      Retail space suitable for service-oriented businesses in North East Highland.
      7223 Church St, Highland, CA 92346
      View Details
    • Contact for pricing

      Highland Drive-Thru Restaurant Space

      Prime drive-thru restaurant space available for lease in Highland.
      26897 Baseline St, Highland, CA 92346
      View Details
    • $2 SF/Yr

      Highland Avenue Retail/Office Suites

      Retail and office suites available for lease in Highland.
      3505 Highland Ave, Highland, CA 92346
      View Details
    • Contact for pricing

      Highland Office Space For Rent

      Office space available for lease in Highland, California.
      26897 Baseline St, Highland, CA 92346
      View Details
    • Contact for pricing

      Retail Space Near Car Wash

      Retail property available for lease near Quick Quack Car Wash.
      5th St. Greenspot Rd. & Boulder Ave, Highland, CA 92346
      View Details
    • Contact for pricing
      50,094 SF

      Highland Truck Yard Sublease

      Fenced truck yard with 50+ trailer spaces for sublease.
      NW 6Th St, Highland, CA 92346
      View Details
    • Contact for pricing

      Gated Yard with Parking Stalls

      Gated yard with trailer and small parking stalls for sublease.
      7820 Victoria Ave, Highland, CA 92346
      View Details
    • Contact for pricing
      161,692 SF

      Highland Village Plaza Retail Shops

      Prime Highland, CA Retail Space Available
      7197-7291 Boulder Ave, Highland, CA 92346
      View Details

    FAQs

    What type of property is this?
    Shopping center - New 19,300+ SF shopping center for lease.
    Where is this shopping center located?
    The property is located at 6909 Victoria Ave, Unit F Highland, CA.
    What is the lease rate?
    The lease rate is $1,973 /Mo.
    What are key features of this property?
    This property features: - Brand new 19,300+ square foot shopping center.; - Opportunity to be the first tenant.; - Secure a lease before construction is complete.
    (909) 981-4466
    Request Owner's contact information
    6909 Victoria Ave, Unit F Highland, CA 92346
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6909 Victoria Ave, Unit F
    Highland, CA 92346
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6909 Victoria Ave, Unit F Highland, CA 92346
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Antonio Hermosillo
    (909) 981-4466 (909) 917-2179
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!