524 W 4th Street
Perris, CA 92570

$2,600,000

Description

*PRICE REDUCTION* Beautiful new construction two-tenant medical office building for sale in Perris, CA. 100% occupied, with upside of 1,110 SF that could be an additional suite. The anchor tenant, Perris Hills Pharmacy, is an all inclusive full service pharmacy. The second tenant, BAWJ Medical Services is an urgent care facility that complements the pharmacys business. Perris Hills Pharmacy will execute a new 10-year sale leaseback at the close of escrow. With complementary medical tenants, new construction, a long-term lease and additional upside, 524 W 4th Avenue offers an investor a stable in-place income stream and a value-add opportunity.

Details

MLS#180046786
StyleIndustrial
Sub-TypeLease
StatusActive
Days On Site42

Features

Story(s)0
Units2

Market Activity 92570

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Area Information

StateCA
CountyRiverside
CityPerris
Zip Code92570
Listing VS Median (in 92570)
Price:
$2,600,000
low | high
Med:
$320,000
100% of Average
On Site:
42
low | high
Med:
5.5
100% of Average
Listing Updated: 02/15/2019
MLS Number: 180046786
Listing Provided By:
Aaron Bove  of  Marcus Millichap
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