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25899 E Base Line St 4,118 SF 100% Leased Retail Building Highland, CA 92346 $1,744,900 CAD ($423.73 CAD/SF) 7% Cap Rate
EXECUTIVE SUMMARY
Prime Mixed-Use Investment opportunity in Highland, Ca! This property features 5 fully leased residential apartments, and 5 well established commercial units, all fully occupied offering high potential income for long term growth. Strategically located in a high-visibility, high-traffic area, the property provides strong exposure for businesses and consistent rental income. Zoned for mixed use, this property is well-suited for investors seeking a stabilized asset in a growing area. The property is close to the San Bernardino International Airport and a rapidly growing industrial hub, enhancing its long-term appeal. With ample parking and easy access to major roads makes it a convenient and desirable location.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,118 SF
Building Class
C
Year Built
1979
Price
$1,744,900 CAD
Price Per SF
$423.73 CAD
Cap Rate
7%
NOI
$122,143 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.53 AC
Opportunity Zone
Yes
Zoning
Mixed-Use - Multi-Family Property
Parking
13 Spaces (3.16 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1192-011-07 | Improvements Assessment | $53,624 CAD |
| Land Assessment | $62,222 CAD | Total Assessment | $115,846 CAD |
PROPERTY TAXES
Parcel Number
1192-011-07
Land Assessment
$62,222 CAD
Improvements Assessment
$53,624 CAD
Total Assessment
$115,846 CAD
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25899 E Base Line St
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