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 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.
The income description goes here to explain
| List Price | $3,820,000 |
| Property Type | Retail |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 34 spots |
| Year Built | 1979 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 209033051 |
| MLS # | TR25013348 |
| Property ID | 321201590 |
| Lot Sqft | 43,996 |
| Zoning | Retail |
| Total Units | 1 |
| Days on Market | 324 |
| Original List Price | $3,820,000 |
| Date Updated | January 27, 2025 |
| Date Created | January 18, 2025 |
Financials not available online. Please inquire with your agent for more details.
Tony Lam an agent of Keller Williams Signature Realty. Lic #01944496
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 27, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT