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Bldg C 6688 Doolittle Ave 18,834 SF Industrial Building Riverside, CA 92503 $5,367,690 ($285/SF) 4.97% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Fully leased to a global industrial leader through 2028
  • Gated and secure yard with heavy power (1,600 amps)
  • Prime Riverside location near major freeways and logistics routes
  • Projected 2025 NOI of $266,632 with 3% annual increases
  • Functional loading with two dock-high doors and one drive-in

EXECUTIVE SUMMARY

Positioned in Riverside’s thriving Business Manufacturing Park, 6688 Doolittle Avenue offers investors a rare opportunity to acquire a stabilized industrial asset with strong income and a nationally recognized tenant. This ±18,834 SF facility, constructed in 2005, features a gated and secure yard, heavy power capacity of 1,600 amps, and functional loading with two dock-high doors and one grade-level drive-in. The building’s 20-foot clear height and efficient column spacing support a wide range of industrial uses, while its 2.00/1,000 SF parking ratio enhances operational convenience.
The property is fully leased to Hubbell Power Systems, Inc., a global leader in utility and telecommunications products, under a term extending through July 2028. The lease includes 3% annual increases and a five-year renewal option at fair market value, ensuring predictable cash flow and long-term stability. With a projected 2025 NOI of $266,632, this asset offers investors a compelling combination of income security and growth potential.
Strategically located near major transportation corridors, including I-215 and SR-60, the site provides excellent regional connectivity to the Inland Empire’s robust industrial market. Riverside’s pro-business environment and proximity to Southern California’s logistics infrastructure further enhance the property’s appeal. This is an exceptional opportunity to secure a high-quality industrial investment in one of the nation’s most dynamic distribution hubs.

PROPERTY FACTS

Price $5,367,690
Price Per SF $285
Sale Type Investment or Owner User
Cap Rate 4.97%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.85 AC
Rentable Building Area 18,834 SF
No. Stories 1
Year Built 2005
Tenancy Single
Parking Ratio 2/1,000 SF
Clear Ceiling Height 20’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 1
Zoning BMP - Business Manufacturing Park

AMENITIES

  • Bus Line
  • Fenced Lot

UTILITIES

  • Lighting - Metal Halide

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
155-280-053
Land Assessment
$588,970
Improvements Assessment
$2,753,834
Total Assessment
$3,342,804
  • Listing ID: 38519576

  • Date on Market: 11/20/2025

  • Last Updated:

  • Address: 6688 Doolittle Ave, Riverside, CA 92503

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