2024 CONSTRUCTION | SINGLE-TENANT STARBUCKS INVESTMENT

2536 Highland Ave Highland, CA 92346

2536 Highland Ave, Highland, CA, 92346
2536 Highland Ave, Highland, CA, 92346 2536 Highland Ave, Highland, CA, 92346 2536 Highland Ave, Highland, CA, 92346
FOR SALE
Property Type:
Free Standing Building
Amount:
$3,848,000
Cap Rate:
4.85%
Last Verified:
Feb 26, 2024

» EASY FREEWAY ACCESS Subject property features direct frontage on Highland Avenue, and offers ideal points of ingress and egress for over 25,000 vehicles per day. The property is seconds from the I-210, and stands to benefit from more than 72,000 vehicles this freeway serves daily. (Sites USA 2023) » HEAVY RETAIL TRAFFIC Starbuck’s joins a host of national retailers, including O’Reilly Auto Parts, Planet Fitness, Chase, Wells Fargo, Big Lots, Dollar Tree, Big 5, AutoZone, and many other major retailers. » NEARBY STUDENT POPULATION Conveniently located near over 16 educational facilities within a 2-mile radius, including San Gorgino High School (1,726 students), Serrano Middle School (766 students), Aquinas Catholic High School (600 students), and Emerton Elementary (455 students). » DENSE RESIDENTIAL AREA Located near numerous residential communities, the site is surrounded by over 225,047 San Bernardino residents within a 5-mile radius. The community is expected to grow by 6,942 by 2028. (Sites USA 2023)

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Map of 2536 Highland Ave, Highland, CA, 92346

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.