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26035 Baseline
San Bernardino, CA 92410 Lankershim

$1,385,000

Freestanding For Sale  •  16,784 Sq Ft

Property Details

  • Property Type Freestanding
  • Total Building Size 16,784 Sq Ft
  • Lot Size 1.01 ac
  • Building Class C
  • Year Built 1967
  • Cap Rate 6.80 %
  • Tenancy Multiple
  • Zoning General Commercial
35 Transit Score
47 Walk Score

Description

26035 Baseline Avenue is a rare jewel in the heart of the City of Highland and neighboring City San Bernardino. Its location is an ideal spot for a retail establishment - located off a busy road with daily traffic counts of over 10,000 cars per day, close proximity to the San Bernardino International Airport and within 5 miles of the CA-210 Freeway on and off ramps via Baseline Avenue. Currently centered around residential communities, this property is the main stop for local tenants as well as travelers. And with the residential real estate market on the rise, this property will be the center of the community for many years to come.

Highlights

Heavy traffic counts in the center of Residential Area
Flexible use and Tenant mix for steady income stream
Perfect for Owner/User/Investor
Excellent 1031 Exchange property
Huge upside when leases expire when increased to Market Rents

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $128,881 (2019)
Cap Rate: 6.80 %
Total Expenses: $18,871

Amenities

  • Fenced Lot
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
San Bernardino Commuter Rail (San Bernardino, Inland Empire-Orange County Lines) 11 min - 5.7 mi
Rialto Commuter Rail (San Bernardino Line) 16 min - 9.5 mi
AirportDriveWalkDistance
Ontario International Airport 35 min - 25.9 mi

Parking Details

Parking Available: No
Reserved: No
Type: Covered
Included in Rent: Yes
John Seoane 909-373-2946 Lee & Associates Commercial Real Estate Services
John Seoane 909-373-2946 Lee & Associates Commercial Real Estate Services