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Bldg E 1425 Palmyrita Ave 14,699 SF Industrial Building Riverside, CA 92507 $4,997,660 ($340/SF) 5.70% Cap Rate
Investment Highlights
- Call to tour.
- SINGLE-TENANT LEASED INVESTMENT
Executive Summary
Offering a single-tenant leased investment at 1425 Palmyrita Ave. in Riverside CA. The asset measures 14,699 square feet of building featuring 24 feet clear height, oversized yard, 3 ground level doors,. Built in 2005 in an outstanding location. Excellent access.
Property Facts
| Price | $4,997,660 | Rentable Building Area | 14,699 SF |
| Price Per SF | $340 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2005 |
| Cap Rate | 5.70% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 24’ |
| Building Class | A | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 0.81 AC | Opportunity Zone |
Yes
|
| Zoning | MP, Riverside - industrial manufacturing park | ||
| Price | $4,997,660 |
| Price Per SF | $340 |
| Sale Type | Investment |
| Cap Rate | 5.70% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | A |
| Lot Size | 0.81 AC |
| Rentable Building Area | 14,699 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| Tenancy | Single |
| Parking Ratio | 2/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | MP, Riverside - industrial manufacturing park |
Amenities
- Fenced Lot
- Skylights
1 1
Property Taxes
| Parcel Number | 247-140-038 | Improvements Assessment | $832,138 |
| Land Assessment | $343,234 | Total Assessment | $1,175,372 |
Property Taxes
Parcel Number
247-140-038
Land Assessment
$343,234
Improvements Assessment
$832,138
Total Assessment
$1,175,372
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Bldg E | 1425 Palmyrita Ave
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