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Central Ave Office Park 3333 Central Ave 6,650 SF 100% Leased Office Building Riverside, CA 92506 $2,750,000 ($413.53/SF) 4.70% Cap Rate



EXECUTIVE SUMMARY
It's finally here. The property you've been asking about is ready to buy. This 8 unit office building Central Ave in Riverside is fully occupied. All tenants are long term, except one. That makes this the perfect investment or for owner user. The traffic count on Central is one of the highest in Riverside. Close to 91 freeway, neighborhoods, and shopping.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,650 SF
Building Class
B
Year Built
1985
Price
$2,750,000
Price Per SF
$413.53
Cap Rate
4.70%
NOI
$129,250
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,650 SF
Building FAR
0.25
Lot Size
0.61 AC
Zoning
C3S1
Parking
40 Spaces (4 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 223-050-007 | Improvements Assessment | $840,371 |
| Land Assessment | $33,625 | Total Assessment | $873,996 |
PROPERTY TAXES
Parcel Number
223-050-007
Land Assessment
$33,625
Improvements Assessment
$840,371
Total Assessment
$873,996
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Central Ave Office Park | 3333 Central Ave
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