8080 Limonite Ave - Freestanding FOR SALE


Jurupa Valley, CA 92509
$4,909,000 USD
818-522-4792
8080 Limonite Ave, Jurupa Valley, CA for Sale
$4,909,000 USD
Freestanding - FOR SALE
1/4
null | 6% Cap Rate

8080 Limonite Ave
Jurupa Valley, CA 92509


HIGHLIGHTS

  • Top Corporate National Tenant
  • 95% FMV Rental Increases at Options
  • Low Rent Per Square Foot
  • Rare Southern California location
  • Strong Demographics
  • Minimal LL Responsibilities

OVERVIEW

Introducing a Fee Simple NNN investment opportunity at 8080 Limonite Avenue, Riverside, CA 92509. This property boasts a top national corporate tenant, DaVita, Inc., a Fortune 500 company specializing in kidney care services. There is just over 5 years remaining on the primary term and the lease includes two 5-year options at 95% of fair market value, allowing for strong upside in the rental increases (Low Rent PSF). With almost all expenses reimbursed by the tenant, including capital expenditures, this property offers a low-maintenance and passive cash flow for out-of-state investors. Strategically located with strong demographics in the area, this investment presents a lucrative opportunity for investors seeking stable cash flow and instrinsic value. The property features a modern building constructed in 2015, with approximately 9,602 net square feet on a 13,939 square foot lot. With a notable national credit tenant and potential for strong rental growth, this Davita dialysis clinic is a compelling addition to any investment portfolio. Minimal Landlord responsibilities with tenant reimbursing almost all expenses.

FOR SALE DETAILS

PRICE

$4,909,000 USD

PRICE/SF

$511 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Davita Dialysis - Prime Riverside Area

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

C-P-S

APN/PARCEL ID

166-620-045

ASK ABOUT THIS PROPERTY

Chris ThompsonIREA, Inc.More Info
818-522-4792

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Chris ThompsonIREA, Inc.More Info
818-522-4792

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