$2,395,000
Pending5905 Brockton Avenue
Riverside CA 92506
8,000
SF
Office
Type
N/A
Built
$299/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
PROPERTY OFFERS 6 SUITES, BUILDING SUITABLE FOR PROFESSIONAL MEDICAL, RETAIL, OFFICE USE, 40 PARKING SPACES, INCLUDING 2 ADA SPACES PLUS COVERED AND GATED PARKING, TESLA EV CHARGING PLUG, EACH UNIT IS INDIVIDUALLY METERED FOR UTILITIES WITH DEDICATED MAINTENANCE & SUITE ENTRANCES, ADA RESTROOMS AND BUILT-IN STORAGE THROUGHOUT THE PROPERTY, BACK PATIO AND GARDEN AREA OFFERING ADDED OUTDOOR APPEAL, UPDATED ASPHALT, AIR CONDITIONERS, UPDATED FLOORING AND PAINT IN MOST AREAS, WROUGHT IRON GATES, FRONT LAWN SPRINKLER SYSTEM AND WELL-LIT OUTDOOR LIGHTING IN PLACE, LARGE HOT SAUNA AND TWO ADA SHOWERS, SERVER ROOM WITH ITS OWN AIR, ~30% OF THE PROPERTY IS INCOME PRODUCING CURRENTLY, WITH THE OPTION FOR A BUYER TO OCCUPY UP TO 100% OF THE SPACE IN 2026. SECURITY SYSTEM ON THE PROPERTY. ROOF AGE 14 YEARS. NEARLY 8,000 SQFT PROPERTY WITH FLEXIBLE SUITES, CONVENIENTLY LOCATED IN THE MAGNOLIA CENTER AREA OF RIVERSIDE. IDEAL FOR OWNER-USERS EITHER FULL OR PARTIAL SPACE, AND INVESTORS SEEKING A CARED-FOR PROPERTY WITH LONG TERM TENANT HISTORY.
Property Information
Property Overview
Commercial - Office
Property Type
Pending
Status
0.53 acres
Lot Size
6
Total Units
8,000 SF
Square Footage
$299.38/SF
Price per SF
8.00%
Cap Rate
1
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
8% Cap Rate
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
8.00%
Cap Rate
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Closed commercial sales reported, newest first.
CRMLS
MLS# IV26136750
Listed:
Nalren refreshed:
Last updated
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Listed by: I-DEAL REALTY
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Advertising Broker: Nalren Corp (CA DRE #02423715)
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Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.