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346 and 348 Orange Street Redlands 2 Retail Properties Offered at $2,905,119 CAD in Redlands, CA
INVESTMENT HIGHLIGHTS
- Recent Price Reduction!
- New retail development surrounds these assets.
- Zoning allows a wide range of retail, dining, office, and service uses intended to support a vibrant downtown
- Downtown Redlands Transit Village Trade Area, across the street from the new Metro rail line depot.
- Portfolio sale of two retail buildings in Downtown Redlands, which may be sold separate if necessary.
EXECUTIVE SUMMARY
Portfolio sale of two retail assets. Each building may be sold separate, as the properties are on separate APN numbers allowing for each building to be acquired separately. Seller plans to retire.
Great opportunity to acquire downtown Redlands retail buildings, as current net leased properties in the downtown market have asking lease rates between $3.00 to $4.00 per square foot, NNN. Why lease, when you can buy!
Great opportunity to acquire downtown Redlands retail buildings, as current net leased properties in the downtown market have asking lease rates between $3.00 to $4.00 per square foot, NNN. Why lease, when you can buy!
PROPERTY FACTS
| Price | $2,905,119 CAD | Number of Properties | 2 |
| Price / SF | $253.94 CAD / SF | Individually For Sale | 0 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 11,440 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.27 AC |
| Status | Active |
| Price | $2,905,119 CAD |
| Price / SF | $253.94 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 11,440 SF |
| Total Land Area | 0.27 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 348 Orange St, Redlands, CA 92374 | Retail | 6,490 SF | 1930 | - |
| 346 Orange St, Redlands, CA 92374 | Retail | 4,950 SF | 1920 | - |
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346 and 348 Orange Street Redlands
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