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Fiesta Insurance Single-Tenant Retail 25716 Baseline St 1,450 SF Retail Building Highland, CA 92346 $1,190,000 ($820.69/SF) 5.04% Cap Rate
Investment Highlights
- Concrete Block Construction
- 650K+ Population Within 10-Mile Radius
- Strong Visibility and Highway Access
Executive Summary
Value-Add Opportunity with Future Watermill Express & EV Charging
Single-Tenant Retail Investment
Currently Leased to Fiesta Insurance, a Franchise w/ Over 30 locations
Year 1 Cap: 5.04%
Year 2 Cap: 5.55%
Proforma Cap: 8.52%
Single-Tenant Retail Investment
Currently Leased to Fiesta Insurance, a Franchise w/ Over 30 locations
Year 1 Cap: 5.04%
Year 2 Cap: 5.55%
Proforma Cap: 8.52%
Property Facts
Sale Type
Investment
Property Type
Building Size
1,450 SF
Year Built
2003
Price
$1,190,000
Price Per SF
$820.69
Cap Rate
5.04%
NOI
$60,030
Tenancy
Single
Building Height
1 Story
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Fiesta Insurance
- Finance and Insurance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Fiesta Insurance | Finance and Insurance | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1191-181-56 | Improvements Assessment | $818,213 |
| Land Assessment | $284,344 | Total Assessment | $1,102,557 |
Property Taxes
Parcel Number
1191-181-56
Land Assessment
$284,344
Improvements Assessment
$818,213
Total Assessment
$1,102,557
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Fiesta Insurance Single-Tenant Retail | 25716 Baseline St
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