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    27320-27550 Lugonia Ave Redlands, CA 92374

    Sponsored
    For Lease
    Contact for pricing

    Redlands Power Center - Spaces Available

    Lot size:
    545,008 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Citrus Plaza, a prominent power center and pad retail property in Redlands, California, presents an exceptional leasing opportunity. Located at 27320-27550 Lugonia Avenue, zip code 92374, in San Bernardino County, this expansive center boasts a total of 545,008 square feet of retail space. Currently, there are two spaces available for lease. One is a prime anchor space measuring 25,000 square feet, ideal for a large-format retailer or similar business. The second space is a 7,135 square foot outparcel, previously occupied by a Macaroni Grill restaurant, perfectly suited for a sit-down restaurant concept. The entire property sits on a substantial 53-acre lot. Built in 2004, Citrus Plaza benefits from its established location and ample parking. The property's current vacancy stands at 28,445 square feet, offering significant potential for growth and expansion. This is a rare opportunity to secure a prominent position within a thriving retail center in a desirable Southern California market. The property's size and location make it an attractive investment for businesses seeking high visibility and accessibility. Interested parties are encouraged to inquire for further details and leasing options.

    Property Features for 27320-27550 Lugonia Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    545,008 SF

    Building Details

    Year Built
    2004

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    7,135 SF
    Space
    Major 3
    Size
    25,000 SF

    HighLights

    • ±53‑acre site.
    • 544,520 SF regional power center in Redlands, CA, with I‑10 & 210 freeway access and adjacency to Mountain Grove shopping center.
    • Strong national tenant lineup including Target, Bed Bath & Beyond, Barnes & Noble, Kohl's, Michaels, and more.
    • Prime retail location within a thriving trade area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Wholesale Shop Spa & Massage Dental Office Hair Salon Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Redlands
    County
    San Bernardino
    State
    California
    Longitude
    -117.2036036
    Latitude
    34.0716137

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    FAQs

    What type of property is this?
    Individual retail property - Redlands Power Center - Spaces Available
    Where is this individual retail property located?
    The property is located at 27320-27550 Lugonia Ave Redlands, CA.
    What are key features of this property?
    This property features: ±53-acre site.; 544,520 SF regional power center in Redlands, CA, with I-10 & 210 freeway access and adjacency to Mountain Grove shopping center.; Strong national tenant lineup including Target, Bed Bath & Beyond, Barnes & Noble, Kohl's, Michaels, and more.
    Request Owner's contact information
    27320-27550 Lugonia Ave Redlands, CA 92374
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    Redlands, CA 92374
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    Realmo Value Estimation

    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.

    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.

    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
    27320-27550 Lugonia Ave Redlands, CA 92374
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