Riverside, California, offers a unique opportunity for investors to capitalize on the city's diverse economy and growing population of around 315,000. Shopping Centers in Riverside for sale present an attractive investment option, providing a stable source of income and potential for long-term appreciation. These properties can represent a range of investments, from small strip centers to large regional malls, each with its own unique characteristics and benefits. Riverside's strong infrastructure, including city-owned utilities and public services, makes it an attractive location for businesses and residents alike. The city's amenities, such as the Riverside National Cemetery, the Riverside Sports Complex, and the Fox Performing Arts Center, also contribute to its appeal. Additionally, Riverside's proximity to the University of California, Riverside, and other institutions of higher learning, provides a steady stream of potential customers and employees.
Riverside's Shopping Centers for sale offer a unique opportunity to tap into the city's growing economy, with 7 listings available. The average price per square foot for these properties is $508 USD, with an average size of 39,981 square feet. The largest property available is 159,796 square feet, offering ample space for a variety of businesses. In addition to Shopping Centers, Riverside also offers a range of other property types, including Restaurants, Specialty Properties, Land, and Office Properties. Restaurants in Riverside can capitalize on the city's growing food scene, while Specialty Properties, such as the historic Mission Inn, offer unique opportunities for investors. Land and Office Properties in Riverside provide additional options for investors looking to develop or occupy space in the city. With its diverse economy, strong infrastructure, and attractive amenities, Riverside is an excellent location for businesses and investors alike.
What is the average cap rate for shopping centers in Riverside?
For investors seeking shopping centers in Riverside, the average cap rate is 4.88%, providing a promising opportunity to generate returns in this Inland Empire city.
