6688 Doolittle Ave - Warehouse FOR SALE


Riverside, CA 92503- Riverside Airport
$5,367,690 USD
909-641-5965
6688 Doolittle Ave, Riverside, CA for Sale
$5,367,690 USD
Warehouse - FOR SALE
1/7
null | 4.97% Cap Rate

6688 Doolittle Ave
Riverside, CA 92503
Riverside Airport


HIGHLIGHTS

  • Fully leased to a global industrial leader through 2028
  • Projected 2025 NOI of $266,632 with 3% annual increases
  • Gated and secure yard with heavy power (1,600 amps)
  • Functional loading with two dock-high doors and one drive-in
  • Prime Riverside location near major freeways and logistics routes

OVERVIEW

Positioned in Riverside’s thriving Business Manufacturing Park, 6688 Doolittle Avenue offers investors a rare opportunity to acquire a stabilized industrial asset with strong income and a nationally recognized tenant. This ±18,834 SF facility, constructed in 2005, features a gated and secure yard, heavy power capacity of 1,600 amps, and functional loading with two dock-high doors and one grade-level drive-in. The building’s 20-foot clear height and efficient column spacing support a wide range of industrial uses, while its 2.00/1,000 SF parking ratio enhances operational convenience. The property is fully leased to Hubbell Power Systems, Inc., a global leader in utility and telecommunications products, under a term extending through July 2028. The lease includes 3% annual increases and a five-year renewal option at fair market value, ensuring predictable cash flow and long-term stability. With a projected 2025 NOI of $266,632, this asset offers investors a compelling combination of income security and growth potential. Strategically located near major transportation corridors, including I-215 and SR-60, the site provides excellent regional connectivity to the Inland Empire’s robust industrial market. Riverside’s pro-business environment and proximity to Southern California’s logistics infrastructure further enhance the property’s appeal. This is an exceptional opportunity to secure a high-quality industrial investment in one of the nation’s most dynamic distribution hubs.

FOR SALE DETAILS

PRICE

$5,367,690 USD

PRICE/SF

$285 USD /SF

CAP RATE

4.97%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bldg C

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

UTILITIES

Lighting - Metal Halide

CLEAR CEILING HT

20 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.85

LAND SF

37,026

ZONING

BMP

APN/PARCEL ID

155-280-053

ASK ABOUT THIS PROPERTY

Fernando EscobedoLee & Associates Commercial Real Estate ServicesMore Info
909-641-5965

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Fernando EscobedoLee & Associates Commercial Real Estate ServicesMore Info
909-641-5965

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