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10920 Magnolia Ave
Riverside, CA 92505
Park Sierra Shopping Center Pad · Retail Property For Sale
Investment Highlights
- Rare 9,600 SF multi-tenant restaurant pad at one of the area’s most prominent intersections
- Tenancy includes best in class operators, Blaze Pizza, California Fish Grill, Luna Grill, Subway and ShareTea
- Attractive $3,650,000 loan that can potentially be assumed
- Strong rent driver as the pad is parked to accommodate all restaurant users
- Located across the street from the Kaiser Permanente Riverside Medical Center with 215 hospital beds and on site outpatient clinics, and over 2.6M vis
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
9,879 SF
Building Class
B
Year Built
2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.33 AC
Zoning
CG - Commercial General
Property Taxes
| Parcel Number | 138-470-037 | Improvements Assessment | $6,185,551 |
| Land Assessment | $1,020,882 | Total Assessment | $7,206,433 |
Property Taxes
Parcel Number
138-470-037
Land Assessment
$1,020,882
Improvements Assessment
$6,185,551
Total Assessment
$7,206,433
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