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3375 Iowa Ave
Riverside, CA 92507
University Heights at UC Riverside · Retail Property For Sale

Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
About 3375 IOWA AVE , RIVERSIDE, CA 92507
- Current Cap Rate of 6.70% With Substantial Upside to 7.53% Pro Forma Cap Rate by Converting Gross Leases to NNN - Low Price Per Square Foot - Now 100% Occupied - Center Benefits from Updated Paint and Parking Lot - Just Two Minutes from the University of California, Riverside which has Over 23,200 Students - Just Off the 215 Freeway (157,000+ Cars Per Day) - Over 1,600 Apartment & Student Living Units are Located ½ a mile from the Subject Property - Signalized Corner Location with a Combined Traffic Count of 41,050+ Cars Per Day - Close Proximity to the Areas Major Schools - 44,000+ Students are Located in this Submarket Providing a Long Term Stable Flow of Consumers - Across the Street From a Stater Bros. Anchored Center Whose Tenant Include, Jack in the Box, Duke’s Bar & Grill, and Farmer Boys
Links
Property Taxes
| Parcel Number | 250-150-009 | Improvements Assessment | $6,135,353 |
| Land Assessment | $2,007,932 | Total Assessment | $8,143,285 |
Property Taxes
Listing ID: 13421025
Date on Market: 8/7/2018
Last Updated:
Address: 3375 Iowa Ave, Riverside, CA 92507
The University Retail Property at 3375 Iowa Ave, Riverside, CA 92507 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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