Cobb Investments Acquires Retail Property In Inland Empire For $17.65M
8601-8679 Baseline Road
Retail
99,424 SF
99,424 SF
Sold 1 year ago
Summary
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.
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8601-8679 Baseline Road
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