Contacts
RE/MAX Commercial
Property Details
- Property Type Retail
- Property Size 4,080 SF
- Lot Size 0.11 Acre
- Cap Rate % 6.24
- Zoning Commercial
- # of Floors 2
- Year Built 1956
- Year Renovated 2022
- Date Updated Feb 7, 2025
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
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
Getting around
-
89/100
Walk Score ®
-
93/100
Bike Score ®
Location
- City Redlands, CA
- Zip Code 92373
- Market Inland Empire
Points of Interest
-
Redlands–Downtown
0.18 miles
-
Redlands–Esri
0.88 miles
-
Redlands–University
0.92 miles
-
San Bernardino–Tippecanoe
4.67 miles
-
San Bernardino Depot
8.05 miles
-
Riverside–Hunter Park/UCR
9.64 miles
-
Shell
0.08 miles
-
Union 76
0.11 miles
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Electrify America
0.18 miles
-
Tesla Supercharger
0.29 miles
-
Arco
0.35 miles
-
Chevron
0.40 miles
-
Circle K & Minimart
0.53 miles
-
USA Gasoline
0.53 miles
-
Valero
0.70 miles
-
7-Eleven
1.33 miles
-
Truesdail Parking Lot
0.94 miles
-
Armacost Parking Lot
1.18 miles
-
Stauffer Science Center Parking Lot
1.29 miles
-
South Parking Lot
2.03 miles
-
North Parking Lot
2.04 miles
-
Emergency Vehicle Parking
2.93 miles
-
Loma Linda VA Employee Parking Garage
3.88 miles
-
(handicapped)
4.03 miles
-
Yucaipa Park And Ride
4.07 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
-
Martha Green's The Eating Room
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
-
Kohl's
1.68 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
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