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Investment Highlights
- DIRECT 1-10 EXPOSURE OVER 200,000 VEHICLES PER DAY
- RECEPTION, PRIVATE OFFICES, WAREHOUSE
- GRADE-LEVEL ROLL-UP DOOR ACCESS
- HIGH TRAFFIC COUNT ON REDLANDS BLD +/- 25,000 VEHICLES PER DAY
- 2 BATH ROOMS WITH SHOWER
- NEAR COSTCO, SAM’S CLUB, HOME DEPOT, LOWE’S, TARGET & WALMART
Executive Summary
Commercial flex condo project located on Redlands Blvd in the City of Loma Linda. Property offers excellent access to Interstate 10 and surrounding commercial corridors. Suitable for a variety of retail, office, medical, and service commercial uses within a professionally maintained mixed-use commercial complex.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | APN/Parcel ID | 0281-331-19 |
| No. Parking Spaces | 50 |
| Sale Type | Owner User |
| No. Parking Spaces | 50 |
| APN/Parcel ID | 0281-331-19 |
Description
±1,368 SF flex retail condo with retail frontage in Loma Linda. Ground floor unit with C2 zoning suitable for retail, office, service commercial.
Sale Notes
Excellent owner-user or investment opportunity featuring retail showroom and flex commercial space within the highly desirable Hospitality Lane / I-10 corridor in the Inland Empire. The property offers a functional layout including showroom/reception area, private offices, flex warehouse/storage area, grade-level roll-up door access, and two restrooms including shower facilities.
Strategically positioned near Interstate 10 with immediate proximity to major national retailers, restaurants, hotels, and regional shopping destinations including Costco, Sam’s Club, Home Depot, Lowe’s, Walmart, Target, and numerous hospitality brands. The location benefits from strong regional traffic patterns, excellent freeway accessibility, and outstanding business visibility within one of the area’s most established commercial corridors.
Ideal for showroom, service commercial, contractor, design, e-commerce, studio, office-flex, retail support, or owner-user operations seeking a professional commercial environment with convenient regional access throughout Southern California. Seller carry financing may be available. Buyer to verify all information and permitted uses.
Traffic Counts (Adjusted +10% from 2017 corridor data):
* Interstate 10 Freeway: ±214,000 vehicles per day
* Redlands Boulevard: ±28,600 vehicles per day
* Redlands Blvd & Tippecanoe Ave: ±86,000+ combined vehicles per day
* Redlands Blvd & Alabama Street: ±70,000+ combined vehicles per day
Based on market rents for comparable small office/flex space in the area, the property could support an estimated lease rate of approximately $1.40 to $1.45 per square foot NNN, resulting in annual rental income of approximately $22,982 to $23,803. At the current asking price of $435,000, this equates to an estimated pro forma cap rate of 5.3% to 5.5%.
Disclaimer: Information contained herein has been obtained from sources deemed reliable but is not guaranteed. Buyer and Buyer’s advisors should independently verify all information, including square footage, zoning, permitted uses, condition, and financial considerations. Property is offered subject to prior sale, lease, withdrawal from market, or change in price without notice. Broker makes no representations or warranties, expressed or implied, as to the accuracy of the information provided.
Strategically positioned near Interstate 10 with immediate proximity to major national retailers, restaurants, hotels, and regional shopping destinations including Costco, Sam’s Club, Home Depot, Lowe’s, Walmart, Target, and numerous hospitality brands. The location benefits from strong regional traffic patterns, excellent freeway accessibility, and outstanding business visibility within one of the area’s most established commercial corridors.
Ideal for showroom, service commercial, contractor, design, e-commerce, studio, office-flex, retail support, or owner-user operations seeking a professional commercial environment with convenient regional access throughout Southern California. Seller carry financing may be available. Buyer to verify all information and permitted uses.
Traffic Counts (Adjusted +10% from 2017 corridor data):
* Interstate 10 Freeway: ±214,000 vehicles per day
* Redlands Boulevard: ±28,600 vehicles per day
* Redlands Blvd & Tippecanoe Ave: ±86,000+ combined vehicles per day
* Redlands Blvd & Alabama Street: ±70,000+ combined vehicles per day
Based on market rents for comparable small office/flex space in the area, the property could support an estimated lease rate of approximately $1.40 to $1.45 per square foot NNN, resulting in annual rental income of approximately $22,982 to $23,803. At the current asking price of $435,000, this equates to an estimated pro forma cap rate of 5.3% to 5.5%.
Disclaimer: Information contained herein has been obtained from sources deemed reliable but is not guaranteed. Buyer and Buyer’s advisors should independently verify all information, including square footage, zoning, permitted uses, condition, and financial considerations. Property is offered subject to prior sale, lease, withdrawal from market, or change in price without notice. Broker makes no representations or warranties, expressed or implied, as to the accuracy of the information provided.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 24646 | 1,368 SF | Retail | $435,000 ($317.98/SF) | - |
Unit 24646
| Unit Size |
| 1,368 SF |
| Condo Use |
| Retail |
| Price |
| $435,000 ($317.98/SF) |
| NOI |
| - |
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Unit 24646
| Unit Size | 1,368 SF |
| Condo Use | Retail |
| Price | $435,000 ($317.98/SF) |
| NOI | - |
| Sale Type | Owner User |
| No. Parking Spaces | 50 |
| APN/Parcel ID | 0281-331-19 |
| Description | |
| ±1,368 SF flex retail condo with retail frontage in Loma Linda. Ground floor unit with C2 zoning suitable for retail, office, service commercial.</li></ul> | |
| Sale Notes | |
| Excellent owner-user or investment opportunity featuring retail showroom and flex commercial space within the highly desirable Hospitality Lane / I-10 corridor in the Inland Empire. The property offers a functional layout including showroom/reception area, private offices, flex warehouse/storage area, grade-level roll-up door access, and two restrooms including shower facilities.<br> <br> Strategically positioned near Interstate 10 with immediate proximity to major national retailers, restaurants, hotels, and regional shopping destinations including Costco, Sam’s Club, Home Depot, Lowe’s, Walmart, Target, and numerous hospitality brands. The location benefits from strong regional traffic patterns, excellent freeway accessibility, and outstanding business visibility within one of the area’s most established commercial corridors.<br> <br> Ideal for showroom, service commercial, contractor, design, e-commerce, studio, office-flex, retail support, or owner-user operations seeking a professional commercial environment with convenient regional access throughout Southern California. Seller carry financing may be available. Buyer to verify all information and permitted uses.<br> <br> Traffic Counts (Adjusted +10% from 2017 corridor data):<br> <br> * Interstate 10 Freeway: ±214,000 vehicles per day<br> * Redlands Boulevard: ±28,600 vehicles per day<br> * Redlands Blvd & Tippecanoe Ave: ±86,000+ combined vehicles per day<br> * Redlands Blvd & Alabama Street: ±70,000+ combined vehicles per day<br> <br> Based on market rents for comparable small office/flex space in the area, the property could support an estimated lease rate of approximately $1.40 to $1.45 per square foot NNN, resulting in annual rental income of approximately $22,982 to $23,803. At the current asking price of $435,000, this equates to an estimated pro forma cap rate of 5.3% to 5.5%.<br> <br> Disclaimer: Information contained herein has been obtained from sources deemed reliable but is not guaranteed. Buyer and Buyer’s advisors should independently verify all information, including square footage, zoning, permitted uses, condition, and financial considerations. Property is offered subject to prior sale, lease, withdrawal from market, or change in price without notice. Broker makes no representations or warranties, expressed or implied, as to the accuracy of the information provided.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
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Contact the Sale Advisor
24630-24688 Redlands Blvd




