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BRAND NEW WALGREENS - SOCAL
1745 University Ave., Riverside, CA 92507
15,004 SF | Retail
Retail Property - Off Market
- Building Size:
- 15,004 SF
- Property Type:
- Property Sub-type:
- Free Standing Bldg
- Additional Sub-types:
- Street Retail
- Retail Pad
- Property Use Type:
- No. Stories:
- Year Built:
- Listing ID
- Last Updated
- over 1 year ago
- 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.
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".
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P