12702 Magnolia Ave
Riverside, CA 92503
Lincoln Square · Retail Property For Sale

-Value-Add Opportunity Through Lease-Up (25.8% Vacant) -Small Spaces for Ease of Lease-Up | Average Size is Less Than 1,000 SF Well Parked | 191 Spaces (7.93:1 Ratio) -Strong Demographics | Population of Over 277,550 with Over 108,000 Daytime Employees Within Five-Mile Radius -Signalized Corner Location | Intersection of Lincoln Street & Magnolia Avenue Boasts Traffic Counts of 24,700 Cars Per Day -Major Thoroughfare | Magnolia Avenue is a Primary Retail Thoroughfare | Numerous Shopping Centers Within 5-Mile Radius | Access to --Interstate 15 is Less Than 3 Miles Away -Recently Completed Bridge Over the Train Tracks Located Right at the Lincoln & Magnolia Intersection has led to an Increase in Traffic Counts on Magnolia Avenue -Highly Desirable Submarket with Access to Route 91 and Interstate 15 -Great Combination of Hard Corner | Mixed-Use | Residential, Industrial, Retail, and Office Use all in Close Proximity -Recently Remodeled | Building Repainted & New Drought Tolerant Landscaping Throughout -Low Price Per Square Foot | ± $138 Per Square Foot -Low In-Place Rents | ± $1.06 PSF/Mo. | Possible Additional Revenue -Monument Signage | Additional Tenant Exposure