Investment Opportunity - Single-Tenant Family Dollar Investment. Freestanding retail building located on a highly visible corner in Riverside. Long-term Family Dollar tenant with a lease originally commencing in 2012 and currently exercising a 5-year renewal option. Tenant pays property taxes, insurance, HVAC replacement, and most maintenance, providing stable cash flow with limited landlord responsibilities. Well-maintained building with ample parking, excellent access, a loading area, and strong residential demographics. Ideal for 1031 exchange buyers seeking a nationally recognized credit tenant and a long-term passive investment.
| MLS # | TR26151106 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1979 |
| Days On Site | 105 |
| Listing Provided By | Pinnacle Real Estate Group | Nancy Liu |
| SQ Feet | 8,259 |
|---|---|
| Story(s) | 1 |
| Acreage | 1.01 |
| Cooling | Central Air |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | Yes |
| Lot Features | Zero To One Unit Acre, Corner Lot, Yard |
|---|
| Utilities | Electricity Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard |
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92501 |
| Area | 252 Riverside |
| Listing VS Median (in 92501) | |
Price: $2,900,000 low | high Med: $566,900 sqft: 8,259 low | high Med: 1,746 $ / sqft: $351 low | high Med: $335 On site: 105 low | high Med: 224 | |
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92501 |
| Area | 252 Riverside |
| Listing VS Median (in 92501) | |
Price: $2,900,000 low | high Med: $566,900 sqft: 8,259 low | high Med: 1,746 $ / sqft: $351 low | high Med: $335 On site: 105 low | high Med: 224 | |