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24735807
24735808

1627 S Riverside Ave, Rialto, CA 92376

PR
CA CA 01870757
CBRE - Ontario
Listed by CBRE - Ontario
$5,135,000
337 days on market
Updated 40 days ago
Opportunity zone

1627-1629 S Riverside Ave

Details
APN 0132-122-28
Property Type Retail
Sub Type Shopping Center
Square Footage 9,668
Units 6
Cap Rate 5.45%
NOI $279,740
Occupancy 91%
Tenancy Multi
Lease Type NNN
Price per SqFt $531
Broker Co-Op Yes
Class B
Year Built 2002
Buildings 1
Stories 1
Acreage 1.230
Zoning R-C (General Commercial)
Parking Spaces 110 per 1,000 sq ft
Investment Type Value Add
Tenant Credit Franchisee, Corporate Guarantee
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange

Retail | 5.45% CAP | 9,668 SqFt

Marketing description

CBRE is pleased to present for sale a High-Performing Multi-Tenant Retail Center with Strong National Anchor.

This ±9,668 SF multi-tenant strip center at 1627 S Riverside Avenue in Rialto, CA is anchored by Pacific Dental Services, a national credit tenant occupying approximately 51% of the center. Pacific Dental has been in continuous operation at this location since 2001, underscoring long-term stability and tenant loyalty.

Diverse Tenant Mix Supporting Community Demand

In addition to Pacific Dental, the property features a complementary mix of service-based retailers, restaurant operators, and professional office users. This tenant diversity enhances the property’s resilience and caters effectively to the needs of the surrounding residential and commercial population.

Prime Location on Major Arterial with Exceptional Visibility

Strategically positioned on Riverside Avenue, a key north-south corridor in south Rialto, the property benefits from strong daily traffic counts and excellent street frontage. Its location just north of Valley Boulevard and near the 10 Freeway ensures ease of access for both local and regional consumers.

Proximity to Major National Retailers and Regional Draws

The property is located in a robust retail corridor with nearby national tenants including McDonald’s and El Pollo Loco. It is also less than one mile from the Rialto Marketplace, a major retail hub anchored by Walmart Supercenter, drawing consistent consumer traffic to the area.

Stable In-Place Income with Upside Potential

With a stable rent roll anchored by a long-term national tenant and strong performing local operators, investors benefit from reliable cash flow. Potential for future rental increases or re-tenanting at market rates offers upside in an increasingly desirable Inland Empire submarket.

Listing Contacts

PR
CA CA 01870757
CBRE - Ontario
Listed by CBRE - Ontario

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$279,740.00
$23,311.67/mo

Valuation Metrics

0
DSCR
5.45%
Cap Rate
5.45%
ROI

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Additional Information

Name
Pablo Rodriguez
License
CA 01870757
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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