4653-4669 Riverside Dr - Freestanding FOR SALE


Chino, CA 91710
$2,290,000 USD
949-350-5431
4653-4669 Riverside Dr, Chino, CA for Sale
$2,290,000 USD
Freestanding - FOR SALE
1/5
null | 4.57% Cap Rate

4653-4669 Riverside Dr
Chino, CA 91710


HIGHLIGHTS

  • High-Visibility Corner Location – Positioned Along Riverside Drive, a Major Thoroughfare With Traffic Counts Exceeding 17,000 Cars Per Day
  • Rare Shopping Strip Investment Opportunity at a Low Price Point, Ideal for Investors Focused on Long-Term Growth
  • Stable Cash Flow With Annual Rent Increases – Built-In Annual Escalations Across All Leases Provide an Excellent Hedge Against Inflation

OVERVIEW

--High-Visibility Corner Location – Positioned Along Riverside Drive, a Major Thoroughfare With Traffic Counts Exceeding 17,000 Cars Per Day --Rare Shopping Strip Investment Opportunity at a Low Price Point, Ideal for Investors Focused on Long-Term Growth --Stable Cash Flow With Annual Rent Increases – Built-In Annual Escalations Across All Leases Provide an Excellent Hedge Against Inflation --Prime Retail Opportunity With Excellent Fundamentals-- -Dedicated Front Parking – Ample On-Site Parking Directly in Front of the Property, Maximizing Customer Convenience -Convenient Access to Major Freeways – Centrally Located Near the 60 Freeway (Gateway to Los Angeles County) and the 71 Freeway (Connection to Orange County) -Recent Improvements Include Brand New HVAC Units for ½ of the Suites in Addition to Repainting --Strategic Location in a Growing Market-- -Dense, Infill Trade Area – Over 395,000 Residents Within a Five-Mile Radius, Supported by an Average Household Income of $107,547 -Proximity to Major Industrial Hub – Located Near the Chino Industrial District, Home to 25,000,000+ Square Feet of Industrial Space and Thousands of Employees, Generating Consistent Daytime Demand -Chino’s Strategic Location Attracts Industrial Tenants, Fueling Demand for Nearby Retail Services -Surrounded by National and Regional Retailers – Situated Within a Thriving Retail Corridor, Featuring a Recently Developed Stater Bros. (Less Than ½ Mile Away) and Andy’s Burgers (Directly Across from the Subject Property) -Multiple Points of Ingress and Egress on Riverside Drive

FOR SALE DETAILS

PRICE

$2,290,000 USD

PRICE/SF

$469 USD /SF

CAP RATE

4.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riverside Drive Shopping Strip

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

Retail

APN/PARCEL ID

1019-132-26

ASK ABOUT THIS PROPERTY

Ron DuongMarcus & MillichapMore Info
949-350-5431

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ron DuongMarcus & MillichapMore Info
949-350-5431

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.