Rarely available newer retail plaza built in 2008. Plaza has 2 standalone retail building. One occupied by Dunkin Donut Restaurant ( 1802 SF) , another building hosts Tobacco Leaf Shop ( 1160 SF ) and Van Buren Florist (1428 SF) . Total building SF of 4390 SF on a lot of 35719 SF. The plaza has excellent tenant profile with long term leases in place. Total annual net rental income is $137,232. Dunkin Donut has signed 20 yr lease in 2017 with 3 (5) years option. Tobacco Leaf has been in this location since 2008. Exercised its 1st 5-yr option in 2018. Florist on 3 year lease starting Jan. 2018. All leases are NNN leases ( tenants pay for net lease plus property tax, insurance and maintenance) . All tenants are stable and established with sold business experience.

  • MLS# TR19068126
  • Style Retail
  • Sub-Type Resale
  • Status Active
  • Year 2008
  • Days On Site 21
SQ Feet 4,390
Story(s) 0
Units 55903
Listing Provided By:
Jane Hsu  of  Channel Investment Group
 
this listing $2,988,000
461.71%
$531,950 in 92508
this listing 4,390 SqFt
52.54%
2,878 SqFt in 92508
this listing $681 $/SqFt
262.12%
$188 $/SqFt in 92508
this listing 21 on site
61.47%
54.500000 on site in 92508

Location

State CA
County Riverside
City Riverside
Zip Code 92508
Area 252 - Riverside

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