Multi-Tenant Retail
155-167 E Highland Ave, San Bernardino, CA 92404
For Sale
Contact for pricing
Multi-tenant retail building with five street-level units available for investment or owner-occupancy.
Property Size6,618 SF
Lot Size0.33 Acres
Price / SF$194.92
Days on Market1522
Property Features for 155-167 E Highland Ave
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Investment Type
Site & Location
Neighborhood
Building Details
Year Built
Units
Tenancy
Listing Agency:
NAI Capital - Ontario
Listed By:
Lidia Talavera · License #CA 01407598
(909) 243-7604
Source:
Crexi
Added: Sep 10, 2022
Changed: Nov 1
Last Checked: Nov 8 at 8:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Capital - Ontario
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail multi-tenant building includes five units ranging from 956 to 1,650 square feet, totaling approximately 6,618 square feet of street retail area. The property sits on approximately 14,280 square feet of land and is configured for multiple independent tenants.
The building is located at 155–167 E Highland Ave in San Bernardino, CA. Public remarks note the center’s proximity to St. Bernardine Hospital and that available rents are on month-to-month lease terms.
According to the offering materials, most current tenants are on month-to-month and may be interested in executing longer-term leases. The property is being presented as suitable for an investor or an owner-occupied buyer.
The building is located at 155–167 E Highland Ave in San Bernardino, CA. Public remarks note the center’s proximity to St. Bernardine Hospital and that available rents are on month-to-month lease terms.
According to the offering materials, most current tenants are on month-to-month and may be interested in executing longer-term leases. The property is being presented as suitable for an investor or an owner-occupied buyer.
Key Highlights
- 5‑unit multi‑tenant street retail building at 155–167 E Highland Ave, San Bernardino, CA 92404
- Approx. 6,618 SF retail center on approx. 14,280 SF of land
- Unit mix totals 5 street‑level spaces ranging from 956 SF to 1,650 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,497
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,789,940
$1.8M
Cap Rate 7%
$1,278,529
$1.3M
Cap Rate 9%
$994,411
$994.4K
Market Conditions
NOI Build-Up for 6,618 SF
Gross rent
$136.6K $20.64/SF
− Vacancy
−$8.7K −$1.32/SF
EGI
$127.9K $19.32/SF
− OpEx
−$38.4K −$5.80/SF
NOI
$89.5K $13.52/SF
Area
San Bernardino, CA
Vacancy
6.40%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,789,940
Cap Rate 7%
$1,278,529
Cap Rate 9%
$994,411
Alternative Uses
Best Use
Retail
$1.28M
$1.12M – $1.49M
NOI $89,497 @ 7.0% cap · market cap 6.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.99M
$1.74M – $2.33M
NOI $139,518 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,653
Businesses Nearby
88k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 42%
Chase Bank
Shops & Services
12,381 visits/mo
0.2 miles
Family Dollar
Shops & Services
11,714 visits/mo
0.0 miles
Baker's Drive Thru
Dining
10,330 visits/mo
0.4 miles
ARCO
Shops & Services
9,944 visits/mo
0.1 miles
Taco Bell
Dining
9,200 visits/mo
0.2 miles
Demographics for 92404, CA
64,270
Population
19,403
Households
3.3
Avg Household Size
31
Median Age
10%
College-Educated
72%
High-School Grad
31.6 sq mi
ZIP Area
2,034
Density / Sq Mi
$66,173
Median Household Income
$36,237
Median Earnings
$1,386
Median Rent
$383,700
Median Home Value
Market
Average Price Trend$/SF for Storefront properties in San Bernardino, CA
Properties on Market for Storefront properties in San Bernardino
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Danny's Garden — 1994 N D St, San Bernardino, CA 92405
- Cloe's Garden — 1990 N D St, San Bernardino, CA 92405
- My Flowerspace.com — 496 W Highland Ave, San Bernardino, CA 92405
- Mullen's Flowers — N E St, San Bernardino, CA 92405
- My Flower Space — 496 w highland ave, san bernardino, ca 92405
Frequently Asked Questions
What type of property is this?
Storefront property - Multi-tenant retail building with five street-level units available for investment or owner-occupancy.
Where is this storefront property located?
The property is located at 155-167 E Highland Ave San Bernardino, CA.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: 5‑unit multi‑tenant street retail building at 155–167 E Highland Ave, San Bernardino, CA 92404; Approx. 6,618 SF retail center on approx. 14,280 SF of land; Unit mix totals 5 street‑level spaces ranging from 956 SF to 1,650 SF
