28200 Highway 189, Lake Arrowhead, CA 92352

Property Details for 28200 Highway 189

Property type

Retail properties & Spaces

Property subtype

Office Units

Description

Lake Arrowhead Village presents a unique investment opportunity in a thriving mountain community. This retail center serves as the town square for Lake Arrowhead, Cedar Glen, Running Springs, Crestline, Lake Gregory, and Arrowbear, attracting over 2.4 million visitors annually. Approximately 54% of visitors are tourists or second homeowners, ensuring a robust and diverse customer base. The property boasts a strong tenant mix, anchored by a high-performing Stater Bros., CVS, California Bank & Trust, and the U.S. Postal Service. Multiple space options are available, including end cap, inline, freestanding, and second-floor units, catering to various business needs. Ample parking is provided with 357 surface spaces and a 607-space parking structure. The property benefits from over 40 annual events, including concerts, boat shows, and car shows, driving consistent foot traffic. Recently completed, multi-million dollar renovations to common areas have enhanced the pedestrian-friendly environment, featuring improved access, new pavers, outdoor seating, fire pits, and a relocated main stage. Located less than 90 minutes from Los Angeles and Orange County, Lake Arrowhead Village offers unparalleled accessibility and a strong sense of place within a vibrant mountain community. The property's location and amenities create a compelling opportunity for businesses seeking a high-traffic, established retail location. The multiple tenancy options provide flexibility for various business models and sizes.

Location Insight

City

Lake Arrowhead

County

San Bernardino

State

California

Longitude

-117.19

Latitude

34.2505