5005 La Mart Drive

  • Riverside

  • $2,650,000
  • Acres
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Commercial Sale Details

Description & Essential
Description
Multi-Tenant office located in the beautiful city of Riverside. An investment sale offering memorandum: 99% Occupied, longstanding professional tenants, 6.9% CAP, Canyon Crest / University proximity. Riverside is located about 60 miles (97 km) East of Los Angeles, and is also part of the Greater Los Angeles area. With a population number of 326,792, Riverside is the 12th largest California city. As an important financial and professional center, Riverside offers the support of numerous legal, accounting, brokerage, architectural, engineering and technology firms as well as many banking institutions. It is also the fastest growing county in California. Businesses also benefit from an exceptional freeway system, BNSF and UPSP rail access, high speed fiber-optic telecommunications, city-owned electric and water utility, and a corporate jet and general aviation airport. Employment growth in the City of Riverside continues to outperform the rest of the Inland Southern California.
Essential
MLS #IV18179627
Price Per SqFt$149.09
Sub-TypeOffice
CountyRiverside
StateCA
Area252 - Riverside
StatusActive
Sale TypeStandard
Number Of Units33
Number Of Buildings1
Building StatusExisting
Land UseOffice
Listing BrokeragePROVIDENCE REALTY
Listing AgentSCOTT TUCKER
Listing Agent BRE #01382514
Co-Listing BrokerageOUT OF AREA
Co-Listing AgentOUT OF AREA

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Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, August 2, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.