11120 Magnolia Avenue

    Riverside, CA 92505
    • $2,200,000
    • STATUS: Active
    • ON SITE: 164 days
    • ID#: PW18155362
    UPDATED: 15 min ago
    $2,200,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,034
      SQFT
    • $365
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    1) Prime investment property2) Seller lease back with 10 yr + option 10 yr (1) at monthly rent 11,818 + NNN 3) Built for restaurant 4) 25,000 sqft parking-reciprocal parking, recorded irrevocable and perpetuity.4) High visible freestanding building at corner location5) Single tenant with NNN 6) Renovated in 20157) Near freeway C-91

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T14:31:44.38. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.dscvrproperties.com/homes/85110147

    11120 Magnolia Avenue Riverside, CA 92505

    • Price: $2,200,000
    • Status: Active
    • Updated: 15 min ago
    • ID#: PW18155362
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    6,034
    SQFT
    $365
    $/SQFT
    Neighborhood:
    252 - Riverside
    County:
    Riverside
    Area:
    252 - Riverside
    Property Description
    1) Prime investment property2) Seller lease back with 10 yr + option 10 yr (1) at monthly rent 11,818 + NNN 3) Built for restaurant 4) 25,000 sqft parking-reciprocal parking, recorded irrevocable and perpetuity.4) High visible freestanding building at corner location5) Single tenant with NNN 6) Renovated in 20157) Near freeway C-91
    Exterior Features

    Lot Features Lot 10000-19999 Sqft Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Cap Rate 6.45 Country Us Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 141816.00 Property Sub Type Retail Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of Jason Ho of Jason Properties Professional.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T14:31:44.38. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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