Property Detail

Description

Exceptional Single-Tenant Net Lease Investment Opportunity! This freestanding retail building is strategically located at the signalized hard-corner intersection of Base Line Street and Sterling Avenue in Highland, California, offering outstanding visibility and easy access along a high-traffic commercial corridor. The property is newly leased to Fiesta Insurance, a well-established regional franchise with more than 30 locations throughout California, New Mexico, and Texas. Constructed in 2003 with durable concrete block construction, this investment provides stable in-place income with scheduled annual rent increases. What truly sets this property apart is the included adjacent vacant land, creating a rare value-add opportunity for future development, expansion, additional parking, or a potential ground lease, allowing investors to maximize long-term returns. Surrounded by established national and regional retailers, this property offers an attractive combination of dependable cash flow, a strong corner location, and significant upside through future development potential. An ideal opportunity for 1031 exchange buyers and investors seeking both current income and long-term appreciation