1356 Main St Barstow, CA 92311
High-yield retail center, 100% occupied.
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 391
Property Features for 1356 Main St
General Information
- Property type
- Individual retail properties
- Square Feet
- 7,136 SF
- Lot Size
- 61,420 SF
Building Details
- Year Built
- 1960
HighLights
- 7,136 SF retail property at 1356 E Main St, Barstow, CA, with 100% occupancy and three established tenants.
- $1,100,000 asking price, offering an 8.12% cap rate and $89,295 NOI.
- Below market rents averaging $10.90 PSF, significantly below replacement cost of approximately $250 PSF.
- Strong retail fundamentals in a 95%+ occupied submarket with record high rents of $20.62 PSF, driven by major infrastructure projects including the BNSF Railway expansion, Brightline West commuter rail, and a proposed casino resort.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Barstow
- County
- San Bernardino
- State
- California
- Longitude
- -117.0058906
- Latitude
- 34.8941567