Shopping centers in Redlands, California offer a unique investment opportunity, providing a chance to capitalize on the city's rich history, cultural attractions, and community events. With a diverse range of shopping centers available, investors can choose from a variety of properties that cater to different needs and preferences. Shopping centers in Redlands can represent a range of investments, from small, boutique centers to larger, more comprehensive complexes. The city's amenities, infrastructure, location, education, and geography make it an attractive location for shopping centers, with institutions like the University of Redlands and companies like Esri contributing to the local economy. For example, the Citrus Plaza/Mountain Grove shopping center is a large open-air complex that serves the community, while the Downtown Redlands/Redlands Santa Fe Depot District offers a unique blend of retail, dining, and entertainment options. With its proximity to San Bernardino and Los Angeles, Redlands is an ideal location for businesses and travelers alike, with attractions like the Redlands Bowl and the Lincoln Shrine drawing visitors from across the region.
Redlands, California is home to a range of shopping centers, with 1 listings currently available. The average price per square foot for shopping centers in Redlands is $518 USD, with an average size of 2,840 square feet. The largest shopping center available in Redlands spans 2,840 square feet. In addition to shopping centers, Redlands also offers a range of other property types, including restaurants, specialty properties, land, and office properties. For example, the city's downtown area is home to a variety of restaurants and bars, while the University of Redlands and Esri contribute to the demand for office space. The city's location and infrastructure also make it an attractive location for land development, with the San Bernardino Line of Metrolink and the Arrow commuter rail service providing easy access to surrounding cities. Overall, Redlands offers a unique blend of history, culture, and economic opportunity, making it an attractive location for investors and businesses alike.
What is the average cap rate for shopping centers in Redlands?
The average cap rate for shopping centers in Redlands is 5.75%, making it an attractive option for investors looking to capitalize on the city's strong retail presence and growing population of around 70,000 residents.
