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10153 Indiana Ave
Riverside, CA 92503
Irreplaceable 91 Freeway Frontage Building · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Irreplaceable freeway frontage location – Prime exposure to more than 212,000 cars per day ensures long term desireability.
  • Direct freeway access less than ¼ mile away at the Tyler St. on/off ramp.
  • Strong retail synergy and regional draw–Directly across the freeway from the Tyler Mall, featuring Nordstom, Macy’s, Cheescake Factory, and others.
  • Strong Demograhics – More than 253,700 people living with 5 miles of the site, and average household income over $88,007.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
8,780 SF
Building Class
C
Year Built
1987
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.45 AC
Zoning
C-2
Parking
24 Spaces (3.17 Spaces per 1,000 SF Leased)
Frontage
114’ on Indiana Ave

AMENITIES

  • Freeway Visibility
  • Signage

ABOUT 10153 INDIANA AVE , RIVERSIDE, CA 92503

THE PROPERTY IS LOCATED ON INDIANA AVENUE, A FRONTAGE ROAD TO THE 91FREEWAY AND BETWEEN THE TYLER ST. AND VAN BUREN ROAD EXITS. CBRE is exited to offer this outstanding investment or owner/user opportunity fronting the 91 freeway in Riverside, CA. Currently occupied by Mattress Showroom, the building will be delivered vacant upon the close of escrow. With prime freeway frontage on the 91 Freeway, the property benefits from outstanding visibility and exposure to the more than 212,000 cars that pass the property daily, and is also directly across from the Tyler Mall, one of the Inland Empire’s most successful and heavily visited shopping destinations. A free standing building totaling +/-8,780 square feet of rentable space Approximately 23 dedicated parking spaces are available on the property and street frontage parking is also available between 8 AM to 3 PM There are two direct points of access to the property, one on either side of the building, both permitting left hand exits, allowing for maximum flexibility The property is zoned CR (Commercial Retail) by the city of Riverside. A full table of permitted uses can be found on the city's website https://library.municode.com/ca/riverside/codes Traffic counts on the 91 freeway 212,000 AADT Indiana Avenue 18,350 CPD Irreplaceable freeway frontage location. Prime exposure to more than 212,000 cars per day ensures long term desirability Strong retail synergy and regional draw. Directly across the freeway from the Tyler Mall featuring Nordstrom, Macy's, Cheesecake Factory and others Direct freeway access - less than 1/4 mile away at the Tyler Street on / off ramp Strong demographics - more than 253,773 people living within 5 miles of the site and average household income over $88,007 Strong investment opportunity or owner user property - investors can reposition property and re-lease building to provide investment cash flow or ideal owner / user property - owners can take advantage of historically low SBA rates The building will be delivered vacant upon the close of escrow

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
234-030-013
Land Assessment
$318,362
Improvements Assessment
$1,618,342
Total Assessment
$1,936,704
  • Listing ID: 17053307

  • Date on Market: 8/28/2019

  • Last Updated:

  • Address: 10153 Indiana Ave, Riverside, CA 92503

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