2851 Canyon Springs new

Riverside,CA 92507

$ 5150000

- Bed

- Bath

8326 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 8,326 sqft

Price per Sqft $618

MLS Listing ID CRIG25086565

HOA Y/N No

Originating Board Datashare California Regional

Year Built 2004

Lot Size 1.180 Acres

Property Sub-Type Retail

Property Description

This newer construction property consists of four suites with exceptional parking and freeway access. The property is located at the entrance to the Target Shadow Anchor, with ingress and egress. Target has the Prime Sign Location on the Freeway Pylon, and also monument signage at the entrance by the subject property and is also situated along Day Street where this main arterial connects to the Interstate 60. 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 took over the Subway Space, because Subway had 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 takeove

Location

State CA

County Riverside

Interior

Heating Other

Cooling Central Air

Fireplace No

Building

Water Public

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