Duong Investment Group

Family Dollar – Highland, CA

26534 9th Street, Highland, CA 92346

Property Description

Price: $2,281,000
Price Per/SF: $268.35
Land Area: ±1.28 Acres
Cap Rate: 6.75%
Gross Leasable Area: ±8,500
Year Built: 1966

Investment Highlights

Less Than One Mile From Amazon Air Freight Fulfillment Center, a Major Employer for the Area

Corporate Guarantee from Family Dollar (Parent Company – NASDAQ: DLTR – Dollar Tree, Inc.) | Family Dollar Operates Over 8,000 Stores Nationwide

Located Less than Two Blocks from the 210 Freeway | Close Proximity to the Area’s Major Freeways (10 & 215)

 

Signalized, Corner Location with Strong Real Estate Fundamentals

  • The Subject Property is Located Less Than One Mile from San Bernardino International Airport (SBD)
      • SBD Recently Began Offering Daily Flights to Destinations such as Las Vegas and San Francisco, Bringing More Traffic to the Immediate Area
      • SBD Processes Over 669,500 US Tons of Cargo Per Year
      • Amazon has Invested $300MM into a 100-Acre Amazon Air Regional Hub on the SBD Campus – This Includes a 660,000 SF Sorting Facility That Will Serve as the Southern California Headquarters for Amazon’s Air Freight Network
  • Excellent Frontage on 9th Street, a Main Thoroughfare for the Area
  • Highly Visible Signage with Multiple points of Ingress and Egress

Promising Population Demographics

  • Located Near Many Popular Retail Traffic Generators such as Cardenas, Food 4 Less, and Stater Bros.
  • The Subject Property is Located Just Three Miles from the City of San Bernardino | San Bernardino County, has a Total Population of Approximately 2.18 Million
  • Dense, Infill Area – Population Counts Exceed 245,886 Within a Five-Mile Radius
  • Strong Area for Housing – Over 75,000 Households Within a Five-Mile Radius

Broker of Record: Adam Christofferson, License: CA 00530854

Contact Information

Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
ron.duong@marcusmillichap.com
License: CA 01438643