1710 Main St - Freestanding FOR SALE


Riverside, CA 92501- Northside
$3,820,000 USD
909-618-3765
1710 Main St, Riverside, CA for Sale
$3,820,000 USD
Freestanding - FOR SALE
1/12
null | 5.36% Cap Rate

1710 Main St
Riverside, CA 92501
Northside


HIGHLIGHTS

  • Busy corner lot of Main St and Strong St, great exposures from all sides
  • Building with a single anchor tenant Family Dollar
  • Plenty of parking, 38+ parking spaces, 4.1:1 parking ratio

OVERVIEW

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 8,326 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. Contact: Listing Broker: Tony Lam at (909) 618-3765 (Cell), TonyLam211@Gmail.com

FOR SALE DETAILS

PRICE

$3,820,000 USD

PRICE/SF

$459 USD /SF

CAP RATE

5.36%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Strong St

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

Retail

APN/PARCEL ID

209-033-051

ASK ABOUT THIS PROPERTY

Tony LamPinnacle Real Estate GroupMore Info
909-618-3765

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Tony LamPinnacle Real Estate GroupMore Info
909-618-3765

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.