Sold

1045 Parkford Drive

Redlands CA, 92374

$9,897,440


$672.02 per sqft

Sold

14,728 sqft

Commercial

Built in 2019

Listed by BRAD FREEMAN with FREEMAN & ASSOCIATES 877-300-4289

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

MLS ID

August 15, 2022

Listed

March 23, 2024

Updated

Map

1045 Parkford Drive
Redlands CA, 92374

Interior Features

Total Stories

1


Laundry Description

None


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

2.73 Acres


Lot Features

Lot Over 40000 Sqft, Landscaped, Sprinkler System

Other Property Details

Area Name

268 - Redlands


Days on Market

53


Garage

No


View

No


County

San Bernardino


Water Source

Public


Pool

No


Zoning

C4


Buyer Agency Compensation

2%

Listing Contact: 877-300-4289 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:37 AM UTC

 

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