Tri-City Commons

Positioned at the intersection of the I-10 & I-215 freeways, in the center of one of the busiest and most established commercial hubs in the Inland Empire.Progressive Real Estate Partners is proud to present the opportunity to acquire The Shops at Tri-City Commons— a 100% leased, service-oriented commercial center located at the heart of the ±4.4 million square foot Tri-City Commercial Hub. The property features a diverse mix of 13 e-commerce-resistant tenants serving the surrounding employment and population base, which includes 11,710 employees and 1,000+ businesses within 1 mile and a population of 257,000 residents within 5 miles. The center benefits from excellent corner visibility at Hospitality Lane & Carnegie (±47,000 cars per day) within a severely supply-constrained shop submarket. Recent capital improvements— including a 2018 roof (transferable warranty), ±60% new HVAC units (2018–present), LED lighting (2021), camera monitoring system (2021), parking lot overlay and restriping (2022), and new paint scheme (2023)— position the asset as a stabilized, low-CapEx investment. All leases are true NNN with no expense caps and feature 3% to 4% annual rent increases, providing durable, inflation-protected NOI.