Excellent Opportunity for Investor or Owner User - Bring all Offers Links to the Offering Memorandum, Property Video and Matterport for Suite 221 (vacant move in ready) are included on this listing. Overview Prime retail property in the heart of historic downtown Redlands. This multi-tenant retail building offers 4,080 SF of space, currently configured into three suites. Suite 221 (2,100 SF) is available for lease at $2.88 PSF NNN, making it an excellent opportunity for an investor, owner-user, or tenant seeking a prime location. With a Walk Score of 94, the property is surrounded by thriving businesses and near the University of Redlands, ensuring strong tenant demand and long-term value. --- Investment Scenario For investors, this property offers a pro forma cap rate of over 7% once fully stabilized. Two suites are leased with NNN agreements with tenants covering all property expenses. The available 2,100 SF suite (Suite 221) is being marketed at $2.88 PSF NNN, offering immediate upside with lease-up. The property’s prime downtown location ensures continued tenant demand and long-term rent growth potential. --- For an owner-user: This property presents a rare opportunity to own and occupy their own space while generating rental income from the other tenants. Suite 221 represents 51 percent of the building, making it potentially eligible for SBA 504 financing with just 10 percent down. The two existing tenants in Suite 217 (1,006 SF) and Suite 219 (1,000 SF) provide stable rental income, helping offset the cost of ownership. --- Sample SBA 504 financing scenario: Purchase price $1,699,900 Down payment 10 percent - $169,990 Loan amount 90 percent - $1,529,910 Blended interest rate estimated at 6.7 percent Amortization 25 years Estimated monthly payment approximately $10,604 per month (principal and interest) Projected rental income from leased Suites 217 and 219 is $6,192 per month, reducing the effective owner cost to $4,412 per month. This structure makes ownership more affordable than leasing while generating passive income and securing long-term asset appreciation. This financing example is for illustrative purposes only and does not represent a formal loan offer. Loan terms vary by lender and borrower qualifications. Interested buyers should consult their lender or SBA loan specialist for personalized financing terms. More information on SBA 504 loans is available at SBA.gov. This is for information purposes only. Contact broker today for more details on this investment or owner-user opportunity.