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    4010 Highland Ave Highland, CA 92346

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Highland location, up to 80,500 SF

    Lot size:
    80,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity in Highland, CA, offers up to 80,500 square feet of leasable space, divisible to suit tenant needs. Located at 4010 E Highland Ave, 92346, this property benefits from a strong anchor tenant lineup including Walmart Supercenter, Ross Dress for Less, Aldi, and Dollar Tree. The center enjoys high visibility and prominent pylon signage, ensuring maximum brand exposure. This second-generation space, previously occupied by Mervyn's and Fallas Department Store, offers cost-effective lease rates compared to new construction. The location serves a substantial population base, with over 150,000 people within a 5-mile radius, including a significant tourist population drawn to nearby Big Bear Lake and Lake Arrowhead. This area boasts approximately 350,000 people (plus tourists) within a 15-minute drive, exhibiting a median household income of roughly $75,000 annually. Key anchors like Walmart, Dollar Tree, and Aldi demonstrate superior traffic generation compared to their California counterparts, while Ross Dress for Less performs in the upper half. Additional national brands such as Starbucks, Burger King, and Applebee's further enhance the center's appeal and draw. This property presents a unique chance to establish a thriving retail presence in a high-traffic, densely populated area with significant tourist traffic. The ownership group is known for its efficient and timely lease processing.

    Property Features for 4010 Highland Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    80,500 SF

    Unit(s) available at that property

    Space
    Size
    80,500 SF
    Rate per SF
    $12
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Highland
    County
    San Bernardino
    State
    California
    Longitude
    -117.19855873935
    Latitude
    34.136604890101

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    FAQs

    What type of property is this?
    Individual retail property - Prime Highland location, up to 80,500 SF
    Where is this individual retail property located?
    The property is located at 4010 Highland Ave Highland, CA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    Request Owner's contact information
    4010 Highland Ave Highland, CA 92346
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    Highland, CA 92346
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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
    4010 Highland Ave Highland, CA 92346
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