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Ken Galasso
SOLD
$9,897,440
Date 01/11/2023

1045 Parkford Drive
Redlands, CA 92374

Retail
Commercial
14,728
Sq. Ft.
2.7307
Acre Lot
Listing Agent: BRAD FREEMAN - FREEMAN & ASSOCIATES; brad.freeman@harcourtsusa.com
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This property sits along a busy corridor of the Interstate 10 with a 110 tall Pylon dedicated to this property, located at the entrance to South Redlands. This is the first exit in Redlands coming from the east. This offering consists of three national credit tenants, including Starbucks, Dominos, and The Learning Experience, and also includes Sev Laser which is a small regional tenant. All tenants are on NNN leases, who are all likely to renew at options, while also well-suited for backfill that can produce increase in rents. The zoning is C4 which allows for medical use, and the parking ratio is above 5/1,000 which is very difficult to find in the City of Redlands. Shadow Anchored by a free-standing state-of-the-art LA Fitness with a renewed lease at this seasoned location, known to be one of the most popular fitness clubs in the Inland Empire Region. At the time of the renewal there were significant tenant improvements, including exterior paint, and a parking lot and lighting updates
EV22179524
Commercial - Retail, 1 Story
2019
San Bernardino
2.7307 Acres
Public
1
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: BRAD FREEMAN - FREEMAN & ASSOCIATES; brad.freeman@harcourtsusa.com
Licensed in: DRE# 01329426
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