Canyon Springs
Riverside, Califórnia 92507, Estados Unidos

N° MLS: 372861148

5 300 000 US$ USD

Espaço mínimo vendível
774m² (8 326ft²)
Os detalhes

Características do imóvel

Data de atualização: 07/01/2025

Detalhes da construção

Ano de construção
2004

Área

Tamanho do imóvel
774m² (8 326ft²)
Tamanho do terreno/lote
4 775m² (51 401ft²)
Sistema de refrigeração
Ar condicionado central
Sistema de aquecimento
central

Descrição

The property sits along a busy corridor of the Interstate 60 with a Huge Pylon dedicated to this 2,000,000 +/- Square Foot Regional Retail Power Center, located at the Freeway Interchange of the I60 and the I215. This is the prime exit on the I60 coming from the east, and you can also come to the center from the south by exiting off the I215. This offering consists of two nationally branded tenants, including Verizon & GameStop, and one regionally branded tenant AhiPoki, and also Pho Ha which has more than one location. All tenants are on NNN leases, and all renewed their options, except AhiPoki (they are taking over Subway Space in July 2024, because Subway has no more options). The building is also well-suited for future leasing that can produce increase in rents over time. Brokers and tenants call regularly unsolicited, wanting to know if any leases are expiring soon so they can takeover the space. The entire power center is very low turnover, as landlord has only ever lost one tenant when Payless filed bankruptcy. Shadow Anchored by Target, the subject is Pad Building C located at the drive entrance to Target, known to be one of the most visited shopping destinations in the region. All tenants are seasoned at this location, except for AhiPoki, but even then AhiPoki has clientele in the area, because they used to be located across Day Street in the Lowes shopping center.

Localização

Canyon Springs, Riverside, Califórnia 92507, Estados Unidos
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Cortesia de BRAD FREEMAN FREEMAN & ASSOCIATES