4010 Highland Ave Highland, CA 92346-2637
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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