Listed by Lakeshore Commercial Real Estates
$8,500,000
Riley Plaza
Details
APN 70-16-09-300-083
Property Type Retail, Office
Sub Type Storefront, Executive Office
Square Footage 50,401
Net Rentable (SqFt) 49,285
Units 21
Occupancy 95%
Tenancy Multi
Lease Type NNN
Price per SqFt $169
Class C
Year Built 1997
Buildings 3
Stories 1
Acreage 7.840
Zoning PUD
Parking Spaces 197 spaces
Parking Per SqFt 3.91
Sale Condition 1031 exchange
Multi-Tenant Retail Shopping Center- 50,401 SF | 7.84 Acres
Marketing description
This multi-tenant retail shopping center offers a compelling investment opportunity within a major regional retail corridor. Positioned at the signalized northwest corner of US-31 and Riley Street, the property benefits from exceptional visibility, strong traffic counts, and direct access to a primary north-south arterial. The center consists of three buildings totaling 50,401 square feet with 49,285 square feet, rentable, situated on 7.6 acres, providing both scale and long-term flexibility. Surrounded by a strong mix of national and regional retailers, the property is well positioned for stable cash flow and sustained tenant demand.
Investment highlights
High visibility
Easy access to US-31
Excellent tenant mix with local and national retailers
Ample on-site parking
2024 AADT Traffic Counts • US-31- 43,004 • Riley- 25,267
Listing Contacts
Listed by Lakeshore Commercial Real Estates
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