9781-9799 Magnolia Ave - Storefront Retail/Office FOR SALE


Riverside, CA 92503- Arlington
$5,555,000 USD
818-324-5386
9781-9799 Magnolia Ave, Riverside, CA for Sale
$5,555,000 USD
Storefront Retail/Office - FOR SALE
1/8
null | 6% Cap Rate

9781-9799 Magnolia Ave
Riverside, CA 92503
Arlington


HIGHLIGHTS

  • High Visibility
  • High Tra?c on Magnolia Avenue
  • Near major commercial retailers (Lowe's, O'Reilly Auto Parts, Dollar Tree, Papa John's and Panda Express) at nearby Lowe's Center
  • Abundant Parking (5.6/1000 parking ratio)

OVERVIEW

SVN is proud to present a rare opportunity to acquire a highly visible, fretail shopping center located at the northwest corner of Magnolia Ave. & Harrison St. in Riverside, California. The property offers a durable, service-based tenant mix, including two restaurants, a dental practice, a thrift store, and Speedy Cash, creating a diversified rent roll anchored by necessity-based and recession-resilient uses. Positioned along one of Riverside’s established retail corridors, the property benefits from excellent street exposure, prominent monument signage, and an abundant parking ratio of approximately 5.6 spaces per 1,000 square feet. The center is located directly across from strong national retailers, including Lowe’s, Dollar Tree, O’Reilly Auto Parts, U.S. Bank, Papa Johns, & Panda Express, helping drive consumer activity to the immediate area.

FOR SALE DETAILS

PRICE

$5,555,000 USD

PRICE/SF

$463 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

N/Av

APN/PARCEL ID

145-280-047

ASK ABOUT THIS PROPERTY

Christian HayesSVN | Rich Investment Real Estate PartnersMore Info
818-324-5386

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Christian HayesSVN | Rich Investment Real Estate PartnersMore Info
818-324-5386

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