Technical
Financial
Distress signals
Property profile

1617 Highland Ave San Bernardino, CA 92404

OFF-MARKET
Lifestyle centers
60,912 SF 5.45 ac lot Built 1985
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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 profile

Verified
Property type Lifestyle centers
Year built 1985
Total area 60,912 SF
Lot 5.45 ac (237,402 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Postal Service Courier Service
  • Clothing Store Department Store

Location

1617 Highland Ave San Bernardino, CA 92404
San Bernardino metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1617 Highland Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message