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$ 3,820,000
Est. payment | /mo
1.01 Acres Lot
$ 3,820,000
Est. payment | /mo
1.01 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR25013348
HOA Y/N No
Year Built 1979
Annual Tax Amount $39,023
Lot Size 1.010 Acres
Property Description
Prime Investment Opportunity – Long-term Leased Single Tenant Property in Riverside, California
Overview: Seize this exceptional investment opportunity in a bustling area of Riverside. This single-tenant commercial building spans 8,259 square feet and has been successfully leased to Family Dollar for over 11 years, demonstrating a strong and stable tenant commitment.
Key Features:
• Long-term Tenant: Family Dollar has a robust history at this location, with a solid lease agreement extending into the long term.
• Strategic Location: Prominently situated at the corner of Main St. and Strong St., this property benefits from high visibility and traffic, enhancing business potential.
• Ample Parking: The property includes extensive parking facilities, ensuring convenience for customers and staff.
• Building Details: The property is well-maintained and configured to support a variety of retail activities, making it an attractive spot for shoppers.
Investment Highlights:
• Secure Income Stream: With a reputable and long-standing tenant like Family Dollar, investors are assured of a reliable income.
• Desirable Area: Riverside is a growing city with a thriving business community, promising appreciation and investment retention.
• Ease of Management: The existing lease agreement and tenant management make this an ideal opportunity for those seeking a hands-off investment.
Offering Details: This property represents a rare chance to invest in a well-established retail location with a proven track record of success. Call today to learn more about how this property can be a valuable addition to your investment portfolio.
Overview: Seize this exceptional investment opportunity in a bustling area of Riverside. This single-tenant commercial building spans 8,259 square feet and has been successfully leased to Family Dollar for over 11 years, demonstrating a strong and stable tenant commitment.
Key Features:
• Long-term Tenant: Family Dollar has a robust history at this location, with a solid lease agreement extending into the long term.
• Strategic Location: Prominently situated at the corner of Main St. and Strong St., this property benefits from high visibility and traffic, enhancing business potential.
• Ample Parking: The property includes extensive parking facilities, ensuring convenience for customers and staff.
• Building Details: The property is well-maintained and configured to support a variety of retail activities, making it an attractive spot for shoppers.
Investment Highlights:
• Secure Income Stream: With a reputable and long-standing tenant like Family Dollar, investors are assured of a reliable income.
• Desirable Area: Riverside is a growing city with a thriving business community, promising appreciation and investment retention.
• Ease of Management: The existing lease agreement and tenant management make this an ideal opportunity for those seeking a hands-off investment.
Offering Details: This property represents a rare chance to invest in a well-established retail location with a proven track record of success. Call today to learn more about how this property can be a valuable addition to your investment portfolio.
Location
State CA
County Riverside
Area 252 - Riverside
Zoning Retail
Interior
Heating None
Cooling Central Air
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Total Parking Spaces 34
Building
Lot Description 0-1 Unit/Acre, Corner Lot
Story 1
Water Public
Others
Tax ID 209033051
Acceptable Financing Contract
Listing Terms Contract
Special Listing Condition Standard
Listed by Tony Lam • Keller Williams Signature Realty • 909-618-3765