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Super Bargains 1054 W Highland Ave 9,180 SF Retail Building San Bernardino, CA 92405 $3,191,731 CAD ($347.68 CAD/SF) 7.15% Cap Rate



Investment Highlights
- Single-Tenant Discount Retail in a Core San Bernardino Trade Area Located along Highland Avenue
- Positioned directly across from Home Depot and Stater Bros., driving consistent consumer traffic to the immediate trade area.
- On-site recycling operations provide supplemental income, enhancing the overall yield of the investment.
- Centrally positioned between I-215, I-210, and State Route 259, providing exceptional regional connectivity & sustained commuter &pass-through traffic
- Situated within a built-out urban corridor with limited competing retail land available for future development.
- High population density in an infill urban trade area supports strong, repeat demand for discount retail and recycling center operations.
Executive Summary
Progressive Real Estate Partners is pleased to present the opportunity to acquire a single-tenant discount retail investment located along Highland Avenue in San Bernardino, one of the city’s primary east-west retail corridors serving a dense, established urban trade area. The property is offered at an attractive 7.15% in-place cap rate, providing a strong in-place yield from a necessity-based retail use that benefits from high-frequency visitation and resilience across economic cycles. The property is centrally located between I-215, I-210, and State Route 259, providing exceptional regional connectivity. The site is positioned directly across from Home Depot and Stater Bros., driving consistent daily traffic to the immediate trade area. Situated within a dense, infill urban corridor with limited competing retail land available for future development, the location supports long-term tenant demand and durable occupancy. In addition, the property features an on-site recycling center that provides a supplemental income stream, further enhancing the overall yield. With strong surrounding population density, ±159,280 residents within a 3-mile radius and nearly 350,000 residents within a 5-mile radius, the asset is well positioned to benefit from sustained, repeat consumer demand in a well-established urban retail trade area.
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
B
Year Built
2013
Price
$3,191,731 CAD
Price Per SF
$347.68 CAD
Cap Rate
7.15%
NOI
$228,326 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.91 AC
Opportunity Zone
Yes
Zoning
CG-1 - Commercial General
Parking
48 Spaces (5.23 Spaces per 1,000 SF Leased)
Frontage
150’ on W Highland Ave
Walk Score®
Very Walkable (73)
Nearby Major Retailers
Property Taxes
| Parcel Number | 0148-241-20 | Improvements Assessment | $1,600,411 CAD |
| Land Assessment | $444,167 CAD | Total Assessment | $2,044,578 CAD |
Property Taxes
Parcel Number
0148-241-20
Land Assessment
$444,167 CAD
Improvements Assessment
$1,600,411 CAD
Total Assessment
$2,044,578 CAD
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Super Bargains | 1054 W Highland Ave
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