Commercial Sale Details
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.
|Price Per SqFt||$149.09|
|Area||252 - Riverside|
|Number Of Units||33|
|Number Of Buildings||1|
|Listing Brokerage||PROVIDENCE REALTY|
|Listing Agent||SCOTT TUCKER|
|Listing Agent BRE #||01382514|
|Co-Listing Brokerage||OUT OF AREA|
|Co-Listing Agent||OUT OF AREA|
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.
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The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.