Property listed by Keller Williams Signature Realty, Tony Lam 626-964-5500
$3,820,000
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 8,259 square feet and has been successfully leased to Family Dollar for over 11 years, demonstrating a strong… Read More 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. Read Less
Listing Snapshot
Days Online
16
Last Updated
Property Type
Retail
Square Ft.
8,259
Lot Size
1.01 Acres
Year Built
1979
MLS Number
TR25013348
30 Days Snapshot Of 92501
$576k
-8%
(avg) sold price
9
+12%
homes sold
110
-25%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1979, Building area total: 8,259, 1 building
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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