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- LoopNet Team
360 Orange St
Redlands, CA 92374
LemonShark Poke · Retail Property For Sale

PROPERTY FACTS
AMENITIES
- Signage
- Signalized Intersection
- Air Conditioning
ABOUT 360 ORANGE ST , REDLANDS, CA 92374
INVESTMENT HIGHLIGHTS • Long Term Net Lease – LemonShark Poké is on a long term, 15-year net lease, providing income stability and a “coupon clipper” investment » National Chain Tenant – Lemon Shark Poke currently has 12 open locations and is positioned for rapid growth with 27 locations coming soon and 80 franchises sold within the past 18 months » Mission Critical Site – This location acts as the tenant’s operational, franchise, and training hub, supporting this and future LemonShark Poké locations • Scheduled Rental Increases – 2.5% annual rental increases throughout the lease term provide an inflationary hedge compared to many “flat” STNL investments • Pride of Ownership Asset – With its recent construction, high-quality improvements, excellent exposure with custom building side mural, and Orange Street location, this is one of the best retail buildings in Downtown Redlands • Vibrant Retail Trade Area – Located in the heart of the Redlands retail corridor with surrounding tenants including: Trader Joe’s, Office Depot, Krikorian Cinema, Vons, CVS, Chipotle, Corner Bakery, Starbucks, Pieology Pizzeria, Anytime Fitness, Chase, Wells Fargo, Bank of America, Citibank, Denny’s, Shell and others • Strong, Affluent Redlands Demographics – More than 75,800 people in a 3-mile radius with an Average Household Income of $98,987
LINKS
PROPERTY TAXES
| Parcel Number | 0169-301-29 | Improvements Assessment | $1,683,000 |
| Land Assessment | $433,500 | Total Assessment | $2,116,500 |
PROPERTY TAXES
Listing ID: 13726946
Date on Market: 9/7/2018
Last Updated:
Address: 360 Orange St, Redlands, CA 92374
The Downtown Redlands Retail Property at 360 Orange St, Redlands, CA 92374 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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