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    300 Highland Springs Ave Banning, CA 92220

    For Lease
    $168 SF/Yr

    High-traffic location, excellent visibility

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail anchor space in Banning, CA, offers unparalleled visibility and accessibility. Situated on a highly trafficked corner of South Highland Springs Ave (approx. 32,796 CPD) and near the I-10 Freeway on/off ramp (approx. 141,074 CPD), this property benefits from significant daily traffic counts. The location is directly across from San Gorgonio Hospital, ensuring consistent foot traffic. Prominent signage opportunities include a 65-foot freeway pylon and a monument sign on Highland Springs Ave. The property is part of a thriving retail center anchored by established businesses such as Albertson's, PetSmart, Boot Barn, Chipotle, US Bank, and Carl's Jr., creating a strong synergy and attracting a diverse customer base. The Beaumont and Banning area is experiencing substantial residential growth, with over 7,000 homes already built and an additional 5,000+ planned or under construction by major national builders. This surge in residential development fuels retail momentum, making this location an ideal investment opportunity. The property's strategic location provides easy access to Banning and Beaumont's residential communities, solidifying its position as a key retail hub in the submarket. The multiple tenancy option allows for flexibility and scalability. The property is located at 300 S Highland Springs Ave, Banning, CA 92220.

    Property Features for 300 Highland Springs Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF

    Unit(s) available at that property

    Space
    1-B
    Size
    20,000 SF
    Rate per SF
    $168

    HighLights

    • High‑visibility retail anchor space in Banning, CA, at a highly trafficked intersection (32,796 CPD on South Highland Springs Ave and 141,074 CPD near I‑10 Freeway).
    • Located across from San Gorgonio Hospital, providing strong foot traffic.
    • Prominent signage opportunities include a 65‑foot freeway pylon and monument sign.
    • Located in a thriving retail center with established national tenants (Albertson's, PetSmart, etc.).
    • Benefits from substantial residential growth in Banning and Beaumont (7,000+ homes built, 5,000+ planned).
    • Multiple tenancy options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sentry Escrow Services ... Escrow Service Marshalls Department Store Hobby Lobby Craft Store Cardtronics Atm Pristine Dentistry Dentist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Banning
    County
    Riverside
    State
    California
    Longitude
    -116.94565110272
    Latitude
    33.923099490008

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic location, excellent visibility
    Where is this individual retail property located?
    The property is located at 300 Highland Springs Ave Banning, CA.
    What is the lease rate?
    The lease rate is $168 SF/Yr.
    What are key features of this property?
    This property features: High-visibility retail anchor space in Banning, CA, at a highly trafficked intersection (32,796 CPD on South Highland Springs Ave and 141,074 CPD near I-10 Freeway).; Located across from San Gorgonio Hospital, providing strong foot traffic.; Prominent signage opportunities include a 65-foot freeway pylon and monument sign.
    Request Owner's contact information
    300 Highland Springs Ave Banning, CA 92220
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    Banning, CA 92220
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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
    300 Highland Springs Ave Banning, CA 92220
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