REDLANDS CA - NNN - INCOME PROPERTY

217-221 E State St, Redlands, CA 92373

  • For Sale Contact for pricing
  • Property Type Retail
  • Property Size 4,080 SF
  • Lot Size 0.11 Acre
  • Cap Rate % 6.24
  • Zoning Commercial
  • Additional Rent Contact for pricing
  • # of Floors 2
  • Year Built 1956
  • Year Renovated 2022
  • Date Updated Sep 15, 2024
  • Website rem.ax

217-221 East State Street, Redlands, CA 92373 - NNN Fully leased contact brokers for detailed markting information - Bring Offers   

Virtual Tour site: https://rem.ax/217_E_State_QV

This prime retail investment property is located in the heart of historic downtown Redlands, offering an exceptional opportunity for investors. Priced at $1,980,000, this property features modern amenities, high foot traffic, and a stable income stream.


Property Details:

• Property Type: Retail (Storefront Retail/Office)

• Building Class: C

• Sale Type: Investment

• Cap Rate: 6.12%

• Lot Size: 0.11 AC

• Gross Leasable Area: 4,080 SF

• Year Built: 1956

• Parking Ratio: 8.58/1,000 SF

• Walk Score: 94 (Walker's Paradise)

• APN / Parcel ID: 0171-071-03 Features:

• Prime Location in downtown Redlands

• Fully leased with NNN (triple net) agreements

• High foot traffic area

• Upgraded with modern amenities

• Historical charm with economic stability 

Investment Highlights:

Discover the key benefits of investing in this prime retail property: • Turnkey Investment: Fully leased with NNN agreements, ensuring a stable income stream.

• High Demand Market: Located in a thriving community with robust economic growth.

• Upgraded Property: Modern amenities combined with historic charm.

• Strategic Location: Easy access to major highways and transportation hubs, surrounded by popular shops and restaurants.

Virtual Tour site: https://rem.ax/217_E_State_QV




Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • About Redlands: Redlands is a vibrant and stable market with a growing population and strong economic development initiatives. The city’s commitment to preserving historical architecture and promoting local businesses makes it a sought-after destination for investors. Nearby Attractions: • San Bernardino Mountains • Big Bear Lake • Coachella Valley • Redlands Bowl Summer Music Festival • Redlands Market Night • University of Redlands • Smiley Library • Kimberly Crest House & Gardens

Contacts

broker

Nathan Bragg

RE/MAX Commercial

Location

Getting Around

  • Walk Score ®

    89/100 Very Walkable

  • Bike Score ®

    93/100 Biker's Paradise
Powered by Walk Score ®
  • City Redlands, CA
  • Neighborhood Redlands
  • Zip Code 92373
  • Market Inland Empire

Points of Interest

  • Downtown Redlands

    0.18 miles

  • Esri

    0.86 miles

  • University of Redlands

    0.92 miles

  • Tippecanoe Avenue

    4.67 miles

  • San Bernardino Depot

    8.05 miles

  • Shell

    0.08 miles

  • Union 76

    0.11 miles

  • Arco

    0.35 miles

  • Chevron

    0.40 miles

  • Circle K & Minimart

    0.53 miles

  • USA Gasoline

    0.53 miles

  • Valero

    0.70 miles

  • Shell

    1.07 miles

  • 7-Eleven

    1.33 miles

  • Chevron

    1.60 miles

  • Truesdail Parking Lot

    0.95 miles

  • Armacost Parking Lot

    1.18 miles

  • Stauffer Science Center Parking Lot

    1.28 miles

  • South Parking Lot

    2.03 miles

  • North Parking Lot

    2.05 miles

  • Loma Linda VA Employee Parking Garage

    3.88 miles

  • (handicapped)

    4.03 miles

  • Yucaipa Park And Ride

    4.07 miles

  • Oakmont Park

    4.56 miles

  • Lot M

    4.57 miles

  • Rok N Fondue

    0.00 miles

  • Wok In Cafe

    0.02 miles

  • The State

    0.02 miles

  • Caprice Cafe

    0.02 miles

  • Don Orange Tacos

    0.04 miles

  • Tartan

    0.04 miles

  • Redlands Oyster Cult

    0.05 miles

  • Kluddes Gastro Pub and Deli

    0.05 miles

  • Gourmet Pizza

    0.05 miles

  • The Eatery

    0.07 miles

  • Vons

    0.23 miles

  • Trader Joe's

    0.27 miles

  • Sprouts Farmers Market

    0.50 miles

  • Stater Bros.

    0.50 miles

  • Albertsons

    0.81 miles

  • Gerrard's Market

    0.98 miles

  • Ranch Market

    0.99 miles

  • Big Lots

    1.39 miles

  • Burlington

    1.53 miles

  • Stater Bros.

    1.58 miles

Frequently Asked Questions

How much does REDLANDS CA - NNN - INCOME PROPERTY cost?

The sale price for REDLANDS CA - NNN - INCOME PROPERTY is available upon request. Contact the listing broker for more information.

What is the total square footage of REDLANDS CA - NNN - INCOME PROPERTY?

REDLANDS CA - NNN - INCOME PROPERTY totals 4,080 square feet.

When was this property built?

REDLANDS CA - NNN - INCOME PROPERTY was built in 1956.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Nathan Bragg

RE/MAX Commercial