We are pleased to exclusively present the opportunity to acquire 1722 East Highland Avenue, a freestanding retail building in the city of San Bernardino, California. The property is situated in a state integrated opportunity zone on the north side of Highland Ave, between Del Rosa Avenue North and Osbun Road with nearby access to the OmniTrans bus line. The subject property is less than 1 mile from Interstate 210 on/off ramp and in proximity to San Bernardino International Airport (3 miles) and Ontario International Airport (23 miles). Major retailers in the Highland Avenue commuter corridor include Harbor Freight Tools, Walgreens, CVS, Stater Bros. Markets, AutoZone, Domino’s Pizza and Mc Donald’s. In addition, East Highland Avenue is surrounded by medium to high density residential communities which boosts pedestrian traffic.
Constructed in 1983, the property consists of four suites legally with a total building area of 7,241 square feet on a 12,250 square feet lot. There are five parking spaces in front of the building. There are bathrooms and storage rooms with shelving in each suite. One of the suites offers a kitchen with a dual sink and bar countertop and a built-in stage with stairs on the side.
The property is strategically located in the Riverside-San Bernardino Metro, also known as the Inland Empire. The Inland Empire covers 28,000-square-miles in Southern California and is one of the fastest growing population centers in the United States. The average household income within five miles of the property is over $65,000. The average population within five miles of the property is in excess of 245,000.