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Cobb Investments Acquires Retail Property In Inland Empire For $17.65M

Property Image
SOLD
$17,650,000

Indiana

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Retail99,424 SF
Sold 07/03/2019
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Property Image
SOLD

Cobb Investments Acquires Retail Property In Inland Empire For $17.65M

8679 Baseline Road, Wawaka, Indiana, USA

See Similar Deals
Retail99,424 SF
Sold 07/03/2019
the dealplayerscompscontact
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Summary

INDIANA
Asset Type:Retail
Price Per Square Foot:$177
Total Square Footage:99,424 SF
Transaction Type:Sale

A smart & Final anchored shopping center located in the West San Bernardino trade area has been sold for $17,650,000. The property, situated at 8601-8679 Baseline Road in the Inland Empire market, spans 99,424 square feet. With a price per square foot of $177.52, this retail asset was on the market for the first time in over 50 years. The transaction took place on July 3, 2019.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $17,650,000
  • Address: 8601-8679 Baseline Road
  • Market: Inland Empire
  • Square Footage: 99,424 SF
  • Price per Square Foot: $177.52

The buyer of this retail property is Cobb Investments, while the seller is Bandy Shryer TIC. The deal was facilitated by broker Pablo Rodriguez.

It is worth noting that the shopping center is anchored by Smart & Final and is located in the West San Bernardino trade area.

Players

Pablo Rodriguez
Newmark
Pablo Rodriguez
5 deals$38.3M volume(909) 974-4065
BROKER

Details

SOLD
IMAGE: Pablo Rodriguez @pabloescrowbarr DATE: 07/03/2019 ADDRESS: 8601-8679 Baseline Road MARKET: Inland Empire ASSET TYPE: Retail PRICE: $17,650,000 SF: 99,424 PPSF: $177.52 BUYER: Cobb Investments SELLER: Bandy Shryer TIC BROKERS: Pablo Rodriguez NOTES: First time on the market in over 50 years. Smart & Final anchored shopping center located in West San Bernardino trade area.

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