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1617 Highland Ave San Bernardino, CA 92404

Sponsored
For Sale
$10,000,000

San Bernardino Retail Center - $10M

Property size:
60,912 SF

Description

Added:
Dec 11, 2024
Days on Market:
400
This exceptional 60,912 square foot shopping center in San Bernardino, CA, presents a lucrative investment opportunity. Built in 1985, the property sits on a 5.45-acre lot and boasts 395 parking spaces, ensuring ample customer convenience. The center enjoys a prime location at a busy, signalized intersection, offering significant visibility and exposure. Currently home to a mix of national and regional tenants, including DD's Discounts, Little Caesars Pizza, and Shiekh Shoes, the center benefits from a strong daytime population and favorable demographics. The property's large lot size allows for expansion or redevelopment opportunities. A significant portion of the space is available for lease, ideal for a variety of retail uses, including furniture stores, discount stores, or even an indoor swap meet. The motivated seller is open to a 1031 exchange, making this an attractive option for investors seeking tax advantages. Nearby major retailers include McDonald's, Wells Fargo Bank, CVS Pharmacy, Walgreens, and Subway, further enhancing the property's desirability and potential for continued success. The asking price is $10,000,000, with a price per square foot of $188.80. This is a rare chance to acquire a well-established shopping center in a thriving retail corridor.

Property Features for 1617 Highland Ave

General Information

Property type
Lifestyle centers
Square Feet
60,912 SF
Lot Size
237,402 SF

Building Details

Year Built
1985

HighLights

  • Grocery‑anchored shopping center.
  • Strong national tenant lineup.
  • High‑traffic location at a signalized intersection.
  • Excellent visibility and signage opportunities.
  • Landlord offering flexible terms.
  • Extensive parking on a large lot.
Property Profile Location Intelligence

Current Use by Public Records

Amazon Locker - Refusal Mailing Service dd's DISCOUNTS Clothing Store

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
San Bernardino
County
San Bernardino
State
California
Longitude
-117.25191492141
Latitude
34.134525461459

FAQs

What type of property is this?
Lifestyle center - San Bernardino Retail Center - $10M
Where is this lifestyle center located?
The property is located at 1617 Highland Ave San Bernardino, CA.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Grocery-anchored shopping center.; Strong national tenant lineup.; High-traffic location at a signalized intersection.
More about this property
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