Mike Lin, VP of Investment Sales at Progressive Real Estate Partners, recently completed the sale of Highland Civic Center Plaza located at 27194 Baseline St. in Highland, California. The property sold for $1.2M and is one of the few unanchored multi-tenant strip centers with primarily “mom & pop” tenants that have sold in SoCal’s Inland Empire during the pandemic.
Mike exclusively marketed the property and represented both the buyer, a Los Angeles-based private investor and the seller, an Inland Empire private party in the transaction. To market the property Mike created a unique property marketing video and high quality offering memorandum.
The 8,120 sf center includes Little Caesars, a nail salon, hair salon and church. The property enjoys 300 feet of prime street frontage with excellent visibility on Baseline Street, is less than ½ mile from the 210 freeway and is located across from Highland City Hall.
The listing represented an attractive value-added investment opportunity thru the lease-up of the two available spaces and generated 9 offers several of which were all-cash. To learn more about this transaction OR for a complimentary opinion on the value of your retail property you can reach Mike at 949.209.9696 or email@example.com.