This Retail Property is Off-Market.

1745 University Ave.
Riverside, CA 92507 ·

15,004 SF · Retail For Sale

N/A

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BRAND NEW WALGREENS - SOCAL

Price N/A Occupancy 100%
Building Size 15,004 SF No. Stories 1
Property Type Retail Tenancy Single
Property Sub-type
Free Standing Bldg
More...
  • Street Retail
  • Retail Pad
  • Anchor
Year Built 2011
Property Use Type Investment
Listing ID: 17438278 Date Created: 12/02/2011 Last Updated: 12/06/2011

Description

Extremely rare brand new Walgreens in Southern California. This Walgreens is well-located at University Ave. and Chicago Ave. in Riverside, CA ("The Crossroads of Southern California") on the "going home side" of the street. As the 12th largest city in California and the 2nd fastest growing county in the nation, Riverside offers a blend of small town charm in a rapidly developing metropolitan area.

The University of California at Riverside, home to 20,000+ students is located in the northeastern part of the city and is just 5 minutes from this Walgreens. The nearby neighborhoods consist of a mixture of dense residential with numerous apartment complexes. Surrounding retailers include prominent credit tenants such as: Dollar Tree, Kragen O'Reilly Auto Parts, Auto Zone, Food 4 Less, Big Saver Foods, Radio Shack, Rite Aid, Pizza Hut, Bank of America, Domino's Pizza, Subway, and Enterprise Rent - A - Car. This location averages approx. 34,000+ veh/day.

Founded in 1901, Walgreens provides the most convenient access to consumer goods and services, and pharmacy, health and wellness services, in America. The company has pioneered many modern store and pharmacy features, some of which have become standards in the industry. Walgreens is a Fortune "50" national credit tenant (traded under the symbol "WAG") with an S&P "A" rating and is listed among Fortune Magazine's "Most Admired Companies", the "Platinum 400 List" and "40 Best Stocks to Retire On".

Highlights

  • Brand new Walgreens on a hard corner. Please make your best and final offer NOW.
  • May be purchased with Walgreens, Victorville, Ca.
  • Just blocks to University of California, Riverside.
  • On the "going home"side of University Ave.
  • Approx. 34,000 + cars per day.
  • No Landlord responsbilities. Investment grade. Perfect for 1031 or investment.

Research

1745 University Ave., Riverside, CA 92507 (Riverside County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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