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$3,820,000
Est. payment /mo
8,259 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 8,259 sqft
Price per Sqft $462
MLS Listing ID CRTR25055509
HOA Y/N No
Year Built 1979
Lot Size 1.010 Acres
Acres 1.01
Property Sub-Type Retail
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 agr
Location
State CA
County Riverside
Zoning Reta
Interior
Heating None
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Connected, Other
Total Parking Spaces 34
Building
New Construction No
Others
Tax ID 209033051
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Listed by Nancy Liu • Pinnacle Real Estate Group