Commercial property · 2 recorded sales since 2022
Listing Agent: BRAD FREEMAN (DRE #01329426) · Listing Office: FREEMAN & ASSOCIATES · Contact: 877-300-4289 · Bought with: BRAD FREEMAN · FREEMAN & ASSOCIATES · MLS #EV22179524 · Source: CRMLS
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
Listing description from the January 2023 sale, as reported to CRMLS.