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3601 Galleria at Tyler 3601 Galleria At Tyler 159,796 SF 3% Leased 4-Star Retail Building Riverside, CA 92503 For Sale



INVESTMENT HIGHLIGHTS
- Rare Southern California Anchor Opportunity – Few high-quality mall anchor properties come to market in Southern California
- “Blank Slate” Offering – With over 145,000 SF of GLA, potential purchasers will have many options for the existing building
- Premier Anchor Box in a Top-Performing Mall – With 8.8 million annual visitors, Galleria at Tyler is one of the top performing malls in the U.S.
- High-Quality Building – 3601 Galleria at Tyler was purpose-built to Nordstrom’s specifications, resulting in a higher end property
EXECUTIVE SUMMARY
* Rare Southern California Anchor Opportunity – Few high-quality mall anchor properties come to market in Southern California, let alone assets in the highly coveted Galleria at Tyler, with repositioning potential for investor, developer and owner-user purchasers
* Premier Anchor Box in a Top-Performing Mall – With 8.8 million annual visitors, Galleria at Tyler is one of the top performing malls in the United States. According to Placer.ai, it ranks in the 90th percentile for visits per square foot, placing it 44th out of 446 super-regional malls nationwide. The mall benefits from its strong local and regional draw, thanks to national tenants including Macy’s, JCPenney, AMC Theatres, The Cheesecake Factory, Barnes & Noble, H&M, Five Below and many others
* 3601 Galleria at Tyler is positioned as a premier anchor box due to its optimal street-front location and superior visibility from Tyler Street. The property is directly connected to the mall’s parking infrastructure, offering ample surface parking and easy access to the adjacent multi-level garage
* “Blank Slate” Offering – With over 145,000 SF of GLA, potential purchasers will have many options for the existing building. The property can be delivered vacant (for an owner-user or investor with tenant-in-tow) or with a short-term sale-leaseback with the existing tenant/owner, Furniture City
* The property’s current 3-level configuration and large floorplates provide for a range of options - keep in its current configuration or demise into additional smaller spaces
* High-Quality Building – 3601 Galleria at Tyler was purpose-built to Nordstrom’s specifications, resulting in a higher end property with exceptional attention to detail. The well-maintained property has significant curb appeal, featuring grand arched entrances, large glass windows, and high-quality materials throughout - this is THE highest quality and exposure building within Galleria at Tyler given these attributes and its immediate frontage and access on Tyler Street
* Premier Anchor Box in a Top-Performing Mall – With 8.8 million annual visitors, Galleria at Tyler is one of the top performing malls in the United States. According to Placer.ai, it ranks in the 90th percentile for visits per square foot, placing it 44th out of 446 super-regional malls nationwide. The mall benefits from its strong local and regional draw, thanks to national tenants including Macy’s, JCPenney, AMC Theatres, The Cheesecake Factory, Barnes & Noble, H&M, Five Below and many others
* 3601 Galleria at Tyler is positioned as a premier anchor box due to its optimal street-front location and superior visibility from Tyler Street. The property is directly connected to the mall’s parking infrastructure, offering ample surface parking and easy access to the adjacent multi-level garage
* “Blank Slate” Offering – With over 145,000 SF of GLA, potential purchasers will have many options for the existing building. The property can be delivered vacant (for an owner-user or investor with tenant-in-tow) or with a short-term sale-leaseback with the existing tenant/owner, Furniture City
* The property’s current 3-level configuration and large floorplates provide for a range of options - keep in its current configuration or demise into additional smaller spaces
* High-Quality Building – 3601 Galleria at Tyler was purpose-built to Nordstrom’s specifications, resulting in a higher end property with exceptional attention to detail. The well-maintained property has significant curb appeal, featuring grand arched entrances, large glass windows, and high-quality materials throughout - this is THE highest quality and exposure building within Galleria at Tyler given these attributes and its immediate frontage and access on Tyler Street
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Department Store
Building Size
159,796 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1991/2007
Percent Leased
3%
Tenancy
Multiple
Building Height
3 Stories
Loading Docks
2 Exterior
Building FAR
2.34
Lot Size
1.57 AC
Zoning
CRC - Commercial Regional Center
AMENITIES
- Bus Line
- Freeway Visibility
- Security System
- Signage
- Signalized Intersection
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 49,734 SF
- Retail
- -
- Now
- 2nd Floor
- 46,031-52,542 SF
- Retail
- -
- Now
- 3rd Floor
- 49,493-52,542 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 49,734 SF | Retail | - | Now |
| 2nd Floor | 46,031-52,542 SF | Retail | - | Now |
| 3rd Floor | 49,493-52,542 SF | Retail | - | Now |
1st Floor
| Size |
| 49,734 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 46,031-52,542 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
3rd Floor
| Size |
| 49,493-52,542 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Walk Score®
Very Walkable (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 234-020-024 | Improvements Assessment | $13,905,000 |
| Land Assessment | $1,133,000 | Total Assessment | $15,038,000 |
PROPERTY TAXES
Parcel Number
234-020-024
Land Assessment
$1,133,000
Improvements Assessment
$13,905,000
Total Assessment
$15,038,000
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