Smart & Final 27550 Base Line St 27,524 SF Retail Building Highland, CA 92346 $13,295,685 CAD ($483.06 CAD/SF) 5.61% Cap Rate

NAI Capital is proud to present a NNN investment opportunity located at 27550 Base Line Street in Highland, California, within the highly desirable Inland Empire retail corridor. The property sits on a signalized corner with excellent visibility and access, just under a quarter mile from Interstate 210, which carries approximately 70,000 vehicles per day, while Base Line Street sees an additional 32,000 vehicles daily, providing strong exposure and consistent traffic flow. Surrounded by a dense and growing population of over 80,000 residents within a three-mile radius and supported by strong household incomes, the site benefits from a well-established retail trade area with nearby national tenants that drive daily consumer activity. Its proximity to the San Bernardino International Airport and continued regional growth further enhance its long-term positioning as a strategic, high-visibility retail investment.
The property is secured by a long-term NNN lease with Smart & Final Stores, LLC. The 20-year lease commenced in July 2018 and runs through June 2038, with approximately 12+ years of remaining term. The lease provides stable, predictable cash flow with scheduled 7.5% rent increases every five years, along with four (4) five-year extension options, extending the potential term through 2058. This structure delivers both income security and long-term growth, backed by a nationally recognized grocery tenant.