5005 La Mart Drive

    Riverside, CA 92507
    • $2,650,000
    • STATUS: Pending
    • ON SITE: 81 days
    • ID#: IV18179627
    Pending
    UPDATED: 116 min ago
    $2,650,000
    • 0
      BEDS
    • 1.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 17,775
      SQFT
    • $149
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Multi-Tenant office located in the beautiful city of Riverside. An investment sale offering memorandum: 99% Occupied, longstanding professional tenants, 6.9% CAP, Canyon Crest / University proximity. Riverside is located about 60 miles (97 km) East of Los Angeles, and is also part of the Greater Los Angeles area. With a population number of 326,792, Riverside is the 12th largest California city. As an important financial and professional center, Riverside offers the support of numerous legal, accounting, brokerage, architectural, engineering and technology firms as well as many banking institutions. It is also the fastest growing county in California. Businesses also benefit from an exceptional freeway system, BNSF and UPSP rail access, high speed fiber-optic telecommunications, city-owned electric and water utility, and a corporate jet and general aviation airport. Employment growth in the City of Riverside continues to outperform the rest of the Inland Southern California.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-16T00:28:23.583. 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/86000992

    5005 La Mart Drive Riverside, CA 92507

    • Price: $2,650,000
    • Status: Pending
    • Updated: 116 min ago
    • ID#: IV18179627
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.05
    Acres
    17,775
    SQFT
    $149
    $/SQFT
    Neighborhood:
    252 - Riverside
    County:
    Riverside
    Area:
    252 - Riverside
    Property Description
    Multi-Tenant office located in the beautiful city of Riverside. An investment sale offering memorandum: 99% Occupied, longstanding professional tenants, 6.9% CAP, Canyon Crest / University proximity. Riverside is located about 60 miles (97 km) East of Los Angeles, and is also part of the Greater Los Angeles area. With a population number of 326,792, Riverside is the 12th largest California city. As an important financial and professional center, Riverside offers the support of numerous legal, accounting, brokerage, architectural, engineering and technology firms as well as many banking institutions. It is also the fastest growing county in California. Businesses also benefit from an exceptional freeway system, BNSF and UPSP rail access, high speed fiber-optic telecommunications, city-owned electric and water utility, and a corporate jet and general aviation airport. Employment growth in the City of Riverside continues to outperform the rest of the Inland Southern California.
    Exterior Features

    Construction Materials Stucco Entry Level 1 Lot Features 0-1 Unit/AcreLot Over 40000 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 Asset Class Office Building Area Units Square Feet Building Status Existing Country Us Land Lease YN No Land Use Office Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 33 Property Sub Type Office Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of Scott Tucker of Providence Realty and Out Of Area of .


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-16T00:28:23.583. 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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