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.