Business Summary
Large Shopping Plaza Fully Leased Riverside County!
13 Acres Huge Retail Center Fully Leased High Profile Credited Tenants Rare Opportunity- $36,500,000!
Primary Features:
* Fantastic Opportunity To Acquire This Large Project!
* 13 Acres Shopping Center Available For Sale!
* Currently Has Stable Income!
* Existing National & Regional Credit Tenants!
* Also A Redeveloping Opportunity!
* High Profile Credit Tenants Includes:
* AT&T, Nextel, Government Offices and Kaiser Offices!
* Surrounded By National Brand Names Like:
* Major Retail & Restaurants Within The Vicinity!
* Olive Garden, Staples, Vons, Bed Bath & Beyond & Target!
* Rare Find For Investor!
* Considering The Stable Income Every Month!
* With National & Regional Credit Tenants!
* Huge Potential For Re-Tenanting or Extending Leases!
* Strong Signalized Retail Intersection!
* Minute Away From Major Freeway!
* One Mile From Regional Large Shopping Mall To:
* Macy’s, Nordstrom, And AMC Theater!
* Close By MetroLink Station!
* Also Close By Amusement Park!
* Across Street From A Large Hospital!
* Heavy Traffic On Both Streets!
* Estimated Over 70,000 Cars Drive By Each Day!
* Confidential Private Sale Opportunity!
Benefits:
* Huge Shopping Plaza Available!
* Total Over 13 Acres Of Land!
* High Occupancy Rate Almost 100%!
* Strong Signalized Retail Intersection!
* Close To Major Freeway!
* Great Of Retail And Office Use!
* Existing High Credit Tenants!
* Close To Major Shopping Mall & Metrolink!
* High CAP Rate Close To 8%!
* Huge Project Over 13 Acres Lot Size!
* Major Retail In The Vicinity!
* Busy Area Ideal Location For Business!
* Generating Close to $3M Annual Rental Income!
* Investor MUST SEE!
* Rare Find Opportunity!
* Do Not Miss!
Financials:
* NOI: $2,907,399
* Leasable Area: 176,395 SF
* Occupancy: 96.5%
* Tenancy: Multiple
* Year Built: 1975
* CAP Rate: 7.97%
* Usage: Institutional/ Government/ Strip Center/ Medical Office
BIZ Analysis/ Recommendations:
This Property Is A Confidential Private Sale. Please Call Your Representative Today At 1-800-727-2100 Option 1 [Real Estate Department].
Property Details