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34664 County Line Road

Tricia Cerda Of REMAX Redlands Represents Buyer In $7M Retail Sale In Yucaipa
SOLDRetail

Tricia Cerda Of REMAX Redlands Represents Buyer In $7M Retail Sale In Yucaipa

34664 County Line Road

$7,000,000

$177/SF

Building Size

39,422 SF

Asset Type

Retail

Closing

Oct 27, 2025

AI

The property asset involved in this transaction is the Tower Plaza Commercial Center, located at 34590–34664 County Line Road in Yucaipa. The asset encompasses a total of 39,422 square feet and includes three buildings with 27 tenants, contributing to its fully leased status. The sale price for the property was $7,000,000, resulting in a price per square foot of $178.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $7,000,000
  • Square Footage: 39,422
  • Price per Square Foot: $178
  • Address: 34590-34664 County Line Road
  • Market: Yucaipa
  • Buyer's Representative: Tricia Cerda - REMAX Redlands
  • Seller's Representative: Greg Bedell - Progressive Real Estate Partners

This transaction was brokered by Progressive Real Estate Partners, where Greg Bedell represented the seller, who was the original developer of the property. The buyer, represented by Tricia Cerda of REMAX Redlands, is based in the Inland Empire.

Players

Greg Bedell

Progressive Real Estate Partners

Broker

$176.4M

vol

33 deals

Broker
Progressive Real Estate Partners
Progressive Real Estate PartnersBrokerage
Re/Max
Re/MaxBrokerage

Yucaipa Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.27%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93