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the best corner in in the County this new Arco AMPM with car wash is one of kind Monthly Gas Sales 280,000 At .15 Cents margin C-store $130,000 and car wash $8,000.00 DO NOT TALK TO ANY ONE ON SITE
MUST SELL - WED AUG 26th 11-3 pm Refreshments-Write offer_ best offer/terms over $600K Takes property!!! A-1 ZONING. 1.03 acres. /5 Comm. spaces potential rents PLUS SFR 3/2 2 Car Garage (1766 SQFT)- RV parking. Value Add Opportunity/ Investors or Owner- User w/rental income potential VACANT: Offices, Kitchen, School,Studio-Meeting/Banquet Hall area- Some Retail uses.Signage- Auto/equipment related activities possible. Parking 40+ vehicles 1243 SQ FT +/- Large studio/office/warehouse retail adj to-Kitchen 315 SQ FT Restrooms (shared). Private entry. RR.90/Monthly- $1710 Office #1 340 SQ FT +/- with 10x 10 reception area. Private entry. Restrooms (shared). A/C. Rental: .80/Monthly potential $480 Office #2 300 SQ FT +/- w/ x-lg storage: .80 /Monthly potential $440 Office #3 400 SQ FT+/- Private entry /restrooms (shared). A/C. Rental R: .80/Monthly potential $400 Office #4 200 SQ FT +/-Private entry/ bright./ $300 Monthly rental potential Industrial Garage 1188 SQ FT +/- Hydraulic lift / hi ceilings, upgraded electrical. Side yard, X-LRG storage. Fenced/gate- Rental rate potential: $2000 Monthly
Appx.5.2% Cap rate on Retail Strip Center. Tina's Mexican Restaurant has a new 5 year lease with 5 year option, they have been there over 10 years. Smoke shop has a new 10 year lease. Hair Salon has a new 5 year lease with (2) 5 year options. Owner replace roof appx. 2 years ago and replaced HVAC over Unit # C, appx. 2 years ago. All tenants responsible for their own HVAC units. Located close to downtown Riverside and UCR. Very busy street, great location, many improvements in surrounding area. Call Cherie for more information # 951-333-4663.
Faris Lee Investments is pleased to offer for sale the fee simple interest (land & building) in a corporate guaranteed, freestanding, single tenant, NNN leased, SmileCare Dental, located across from the Galleria at Tyler Mall, fronting the 91 Freeway in Riverside, CA. The tenant, Community Dental Services, Inc., dba SmileCare Dental, has approximately 2 years remaining in the current term. The lease features 3.5% rental increases each year throughout the initial term and rental increases at fair market value at the beginning of each 2(5-year) option periods, which generates steady NOI growth and hedges against inflation. The lease is NNN and tenant pays taxes, insurance and CAM, while landlord maintains roof and structure.
THESE STORES DON'T COME UP EVERYDAY 3500 SQ. FT. MARKET THAT GROSSES OVER $175,000.00 MONTH WITH AN EXCELLENT LONG TERM LEASE NOW PAYING ONLY $7,500.00 MONTH VERY LOW OVERHEAD FOR A STORE DOING THESE SALES. HAS BEEN ESTABLISH FOR MANY YEARS. YOU DON'T HAVE TO WORRY ABOUT A NEW HISPANIC MARKET COMING IN THERE IS NO MORE ROOM. SELLS MEAT, PRODUCE, GROCERIES, BEER & WINE & MORE MY DRE # IS 00943174
Reduced $36,000! Motivated Seller. Shown by Appointment with Listing Broker only! This is a Mixed Use or Owner/User Investment opportunity. The 3,460 Sq. ft. property consists of three units on a lot. An approx. 2,000 sq ft front Commercial building divided into two units: approximately 660 sq.ft. & 1,280 sq. ft.and a 1,460 sq ft single family residence that was remodeled in 2003 in the rear. The present Owner lives in the single family home in the rear. The home has Central Air and Heat. Both buildings are each on their own septic systems. There ar 9 parking spaces, 3 in front, and 6 in the rear. The property is being sold in it's "As Is Condition" and all units will be Vacant at close of Escrow.. Buyer is to satisfy himself with inspections of all aspects the property during the Due Diligence period. The current zoning is Non-Conforming CR, Commercial Retail, but the General Plan is MU-U, Mixed Use Urban. See attached Marketing Package for all details and Proforma Income & Expense Statements. All information supplied by Seller is to be deemed reliable, but is not guaranteed by Listing Broker. All Offers to be presented on C.A.R. Purchase Forms.
It was used as furniture store but now temporary Halloween retail renting $20000 few months. It will be vacant end of October 2014. Good,for owner own use or income.
Marcus & Millichap is pleased to present the fee simple interest in an O' Reilly Automotive property in the city of Riverside, California. The offering is a 6,000 square-foot build to suit O' Reilly Automotive building, sitting on a 0.40 acre parcel of land. The building was tastefully constructed in 2008 with stacked rock pillars and smooth coat stucco. The location is at the hard signalized north east corner of Van Buren Boulevard and Dauchy Avenue where the average daily traffic count exceeds 51,000 cars per day. The business has thrived at this location since opening in 2008 along with the co-tenants in the shopping center. The primary lease term runs through October 2018 and has 3 and 5 year options to extend with 10% rent increases every five years.
The tenant is Apro, LLC, doing business as (dba) United Pacific. United or Tenant , is a California based retail petroleum platform that owns and operates 129 strategically located, high volume retail locations throughout Southern California. In addition, an affiliate of tenant operates a wholesale and transportation division servicing other retailers and commercial customers throughout the region. With annual volume of approximately 550 million gallons, United is one of the largest and most strategic networks on the west coast. A majority of United' s retail locations are branded as 76. 76 is a retail petroleum brand operated by Phillips 66, a publically traded investment-grade counterparty (Moody' s Baa1, S&P BBB/Stable).
Stabilized Property ideal for 1031 Exchange Buyer. New multi-tenant shopping center situated within a 1 million square foot master plan office, medical and residential community. Strong daytime retail location and close proximity to employers.