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Three Building Owner User Investment 3 Properties Offered at $9,750,000 in Riverside, CA
Investment Highlights
- ±43,470 SF industrial building complex - three contiguous buildings on approximately ±4.3 acres
- 100% occupied investment opportunity - Multiple tenant income stream with staggered lease expirations
- Strong owner-user or leased investment potential
- Convenient access to I-215, SR-60, I-10 and SR-91
- Large secured and fenced yard area
- M-1 / Hunter Business SP zoning
Executive Summary
The property consists of three contiguous industrial buildings within the established Hunter Industrial Park area, offering functional industrial improvements, a large secured and fenced yard, and flexible building configurations suitable for an investor, owner-user, or future repositioning strategy. The asset is currently 100% occupied by multiple tenants, providing in-place income with staggered lease expirations and the potential for future owner-user flexibility.
Strategically positioned in the heart of the Inland Empire, the property benefits from convenient access to I-215, SR-60, I-10 and SR-91, connecting the site to major Southern California logistics, distribution, and employment hubs. With limited availability of sizable industrial properties offering yard area in the Riverside market, 1668–1676 Palmyrita Avenue represents a compelling opportunity to acquire a stabilized industrial asset in one of Southern California’s most active industrial regions.
The offering is priced at $9,750,000.
Strategically positioned in the heart of the Inland Empire, the property benefits from convenient access to I-215, SR-60, I-10 and SR-91, connecting the site to major Southern California logistics, distribution, and employment hubs. With limited availability of sizable industrial properties offering yard area in the Riverside market, 1668–1676 Palmyrita Avenue represents a compelling opportunity to acquire a stabilized industrial asset in one of Southern California’s most active industrial regions.
The offering is priced at $9,750,000.
Property Facts
| Price | $9,750,000 | Number of Properties | 3 |
| Price / SF | $224.33 / SF | Individually For Sale | 0 |
| Cap Rate | 4.60% | Total Building Size | 43,463 SF |
| Sale Type | Investment | Total Land Area | 12.75 AC |
| Status | Active |
| Price | $9,750,000 |
| Price / SF | $224.33 / SF |
| Cap Rate | 4.60% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 43,463 SF |
| Total Land Area | 12.75 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1668 Palmyrita Ave, Riverside, CA 92507 | Industrial | 6,850 SF | 2007 | - |
| 1676 Palmyrita Ave, Riverside, CA 92507 | Industrial | 3,093 SF | 2007 | - |
| 1672 Palmyrita Ave, Riverside, CA 92507 | Retail | 33,520 SF | 2008 | - |
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Three Building Owner User Investment