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33522928
33522927

3 Locations

BT
CA CA 01850329
MAB Realty
Listed by MAB Realty
$9,750,000
6 days on market
Updated 6 days ago
Opportunity zone

Multi-Building Industrial w/ Fenced Yard 1668-1676 Palmyrita

Details
Property Type Industrial
Sub Type Distribution, Warehouse (+1)
Square Footage 43,470
Cap Rate 4.60%
NOI $447,805
Occupancy 100%
Tenancy Multi
Price per SqFt $224
Buildings 3
Acreage 4.300
Zoning M-1 Hunter Business SP
Investment Type Value Add
Ground Lease No

Industrial | 4.60% CAP | 43,470 SqFt

Marketing description

The property consists of three contiguous industrial buildings within the established Hunter Industrial Park area, offering functional industrial improvements, a large secured and fenced yard, and flexible building configurations suitable for an investor, owner-user, or future repositioning strategy. The asset is currently 100% occupied by multiple tenants, providing in-place income with staggered lease expirations and the potential for future owner-user flexibility.

Strategically positioned in the heart of the Inland Empire, the property benefits from convenient access to I-215, SR-60, I-10 and SR-91, connecting the site to major Southern California logistics, distribution, and employment hubs. With limited availability of sizable industrial properties offering yard area in the Riverside market, 1668–1676 Palmyrita Avenue represents a compelling opportunity to acquire a stabilized industrial asset in one of Southern California’s most active industrial regions.

The offering is priced at $9,750,000.

Investment highlights

±43,470 SF industrial building complex

Three contiguous buildings on approximately ±4.3 acres

100% occupied investment opportunity

Large secured and fenced yard area

Multiple tenant income stream with staggered lease expirations

Strong owner-user or leased investment potential

Located in Riverside’s Hunter Industrial Park area

M-1 / Hunter Business SP zoning

Convenient access to I-215, SR-60, I-10 and SR-91

Offered at $9,750,000

Listing Contacts

BT
CA CA 01850329
MAB Realty
Listed by MAB Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$447,805.00
$37,317.08/mo

Valuation Metrics

0
DSCR
4.59%
Cap Rate
4.59%
ROI

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Additional Information

Name
Brian Tressen
License
CA 01850329
Brokerage
MAB Realty
Brokerage Phone
951-734-7510
Brokerage Address
325 South Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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