Retail    

ARCO

 Riverside, CA

Asking Price

$4,600,000

Cap Rate

6.65%

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Expenses

Absolute NNN

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Southern CA Location

Rare Opportunity

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Population (5-Mi)

256K

Householdincome - white-02-1

AHHI (5-Mi)

$108K+

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Southern CA Location
    Rare opportunity to own prime Southern California NNN real estate.
  • Exceptional Real Estate Opportunity
    At nearly 2.25 acres, the property includes the 5k+ SF convenience & gas building including multiple sub-tenants, plus the roughly 5k SF automotive building that fronts Alessandro Blvd (subleased to the auto service center) plus another .78 acres of undeveloped land at the North end of the property.
  • Tenant Security
    The Tenant is collecting substantial rents from 3 sub-tenants, providing supplemental income to the Tenant, and maximizing the security of rents to the property owner.
  • High-Growth Area
    Located in a growing area with substantial new commercial development at Alessandro Blvd and Old 215 Frontage Rd.
  • No Environmental Cases
    The state of CA environmental database shows no open environmental cases.
  • Long-Term Lease
    The Property is in year 8 of a 15-year lease, with roughly 7 years remaining and two renewal options of 10 years each.
  • Absolute NNN
    The Tenant is responsible for all property taxes, insurance, and maintenance, including all capital expenditures.

Exclusively Listed By

Matt Lipson

Associate Vice President
  mlipson@northmarq.com      503.468.7503
BRE #01892096

Chris Lomuto

Associate Vice President
  clomuto@northmarq.com      415.610.5230
BRE #01962410

Milo Spector

Senior Vice President
  mspector@northmarq.com      510.461.4505
BRE #01959211

Northmarq

2121 N California Blvd
Suite 290
Walnut Creek, CA 94596


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