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10369 Arlington Avenue, Riverside, CA

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10369 Arlington Avenue

NEC of Arlington Ave. & Jones Ave.
Riverside, CA 92505 - Riverside Submarket

Property Type:Retail Sub Type:Auto Repair Status:Existing Year Built:1970
Building Size:1,600 SF Land Area:1.06 AC (46,174 SF)
For Sale Price:$769,000 Price/SF:$480.63
Cap Rate:5.26 %
Parking:Free Surface spaces are available; Ratio of 5.71/1,000 SF

Sale Notes:
GC Riverside Commercial 1.06 acres on Arlington

Redevelopment potential for shopping center. Per the City of Riverside zoning, "The Commercial General Zone (CG) is intended to allow for more intense service commercial retail, office and repair uses, and some outdoor retail uses." Projected Cap rate based on increase of rent could be 10.06%. Improvements include approximately 1,600 square feet, (subject to verification). This includes a two double bay service building with ceilings estimated to be 14 feet high. Total lot size is 1.06 acres.

Between Jones Ave and Tyler St on the north side of Arlington Ave. Directly across from Stater Bros shopping center. Located between the I-15 and Hwy 91.

Coldwell Banker Commercial
Mike A Habib
(619) 463-6600

Alice Kulikowski
(619) 460-6600

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