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9920 Arlington Ave 5,248 SF Industrial Building Riverside, CA 92503 $4,750,000 ($905.11/SF) 6.85% Cap Rate
Investment Highlights
- Fully Improved Industrial Yard
- Zoning: BMP, City of Riverside (Verify)
Executive Summary
- 100% Leased to Brandt Brothers Enterprises http://brandtbrothers.com/
- Location: Riverside, CA
- ±2 Acres of Improved Industrial Land with ±5,248 SF of office/warehouse, 800 amps of power (verify), and ±8,000 SF of covered yard
- 62-month lease term
- $0.30/SF NNN with 3.75% annual escalations
- Stabilized Cap Rate: 6.71% | Year 1 Cap: 5.50% (includes 50% rent abatement in months 2, 3, 4, & 5)
- AIR Single Tenant Lease- Net (NNN)
- Offered at: $4,750,000 ($54.52 PSF)
- Location: Riverside, CA
- ±2 Acres of Improved Industrial Land with ±5,248 SF of office/warehouse, 800 amps of power (verify), and ±8,000 SF of covered yard
- 62-month lease term
- $0.30/SF NNN with 3.75% annual escalations
- Stabilized Cap Rate: 6.71% | Year 1 Cap: 5.50% (includes 50% rent abatement in months 2, 3, 4, & 5)
- AIR Single Tenant Lease- Net (NNN)
- Offered at: $4,750,000 ($54.52 PSF)
Property Facts
Amenities
- Fenced Lot
- Yard
- Reception
- Air Conditioning
Utilities
- Gas - Propane
- Water - City
- Sewer - City
- Heating - Gas
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Property Taxes
| Parcel Number | 151-020-001 | Improvements Assessment | $939,169 |
| Land Assessment | $2,775,058 | Total Assessment | $3,714,227 |
Property Taxes
Parcel Number
151-020-001
Land Assessment
$2,775,058
Improvements Assessment
$939,169
Total Assessment
$3,714,227
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9920 Arlington Ave
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