Listed by BRAD FREEMAN, FREEMAN & ASSOCIATES,

1045 Parkford Drive

Redlands, CA, 92374

$9,897,440

$672 per ft²
$9,897,440
$672 per ft²
Active
Active
 - For Sale
carpenters-square
14,728 ft²
property_type
Commercial
calendar
Built 2019
This property sits along a busy corridor of the Interstate 10 with a 110’ tall Pylon dedicated to this property, located at the entrance to South Redlands. This is the first exit in Redlands coming from the east. This offering consists of three national credit tenants, including Starbucks, Dominos, and The Learning Experience, and also includes Sev Laser which is a small regional tenant. All tenants are on NNN leases, who are all likely to renew at options, while also well-suited for backfill that can produce increase in rents. The zoning is C4 which allows for medical use, and the parking ratio is above 5/1,000 which is very difficult to find in the City of Redlands. Shadow Anchored by a free-standing state-of-the-art LA Fitness with a renewed lease at this seasoned location, known to be one of the most popular fitness clubs in the Inland Empire Region. At the time of the renewal there were significant tenant improvements, including exterior paint, and a parking lot and lighting updates
MLS® ID:
EV22179524
Listed:
8/14/22
Updated:
9/30/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
None
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
2.73 acres lot
Lot Details
Lot Over 40000 Sqft, Landscaped, Sprinkler System

Other Property Details

Area Name
268 - Redlands
Garage
No
Parking
N
View
N
County
San Bernardino
Utilities
Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water Source
Public
Pool
No
Total Stories
1
Zoning
C4

Property History

Date
Event
Price
Value
9/19/22
Price Change
$9,897,440
-9%
8/29/22
Price Change
$10,900,000
-5%

 

Listed by BRAD FREEMAN, FREEMAN & ASSOCIATES,

Based on information from California Regional Multiple Listing Service, Inc. as of 9/30/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 1:17 PM UTC, 9/30/22

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