This is a rare opportunity to own prime real estate on Baseline Street with multiple tenants boasting a sprawling lot that spans multiple parcels, offering endless potential for significantly higher rental income.
All Feed & Tack (Tenant) has been there for 37 years and overtime spread their business expanded onto the parking however they are NOT paying for this extra space and currently on a Month to Month lease. This creates a perfect opportunity for the Buyer to give this tenant a lease with a commensurate rental increase.
NEW LEASES
All the tenants (except for the restaurant) are month to month and paying below market rent. We feel the "Stabilized Rent" is a conservative forecast on the potential for higher rental income.
OPPORTUNITY ZONE
The property is located in Highland, a city in San Bernardino County, California, known for its scenic views of the San Bernardino Mountains.
Highland is a growing community with a mix of residential neighborhoods, retail centers, and industrial areas, providing a diverse customer base for businesses.
Nearby attractions include the San Manuel Casino, which draws a significant number of visitors and potential customers to the area.
The property is situated along Baseline, a major thoroughfare that sees high traffic volumes and offers good visibility for businesses.
Highland benefits from its proximity to major highways, such as Interstate 210 and Interstate 10, facilitating easy access for both customers and employees.
The property is situated in Highland, a city located in San Bernardino County, California. Highland is known for its small-town feel and is in close proximity to major cities such as San Bernardino and Redlands.
Nearby attractions include the San Bernardino National Forest, which offers various recreational activities such as hiking, camping, and fishing, making it a popular destination for outdoor enthusiasts.
The property is located near the 210 and 330 freeways, providing convenient access for commuters and customers.
Highland is home to a diverse population, including families, young professionals, and retirees, creating a broad customer base for potential businesses at the property.
The area features a mix of residential neighborhoods, schools, shopping centers, and restaurants, contributing to a vibrant and dynamic community feel.