12702 Magnolia Ave
Riverside, CA 92503
Lincoln Square · Retail Property For Sale
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PROPERTY FACTS
- Storefront Retail/Office
- General Retail Freestanding
- General Retail Storefront
- 407 FT on Lioncoln St
- 147 FT on Magnolia Ave
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
ABOUT 12702 MAGNOLIA AVE , RIVERSIDE, CA 92503
-Value-Add Opportunity Through Lease-Up (25.8% Vacant) -Small Spaces for Ease of Lease-Up | Average Size is Less Than 1,000 SF Well Parked | 191 Spaces (7.93:1 Ratio) -Strong Demographics | Population of Over 277,550 with Over 108,000 Daytime Employees Within Five-Mile Radius -Signalized Corner Location | Intersection of Lincoln Street & Magnolia Avenue Boasts Traffic Counts of 24,700 Cars Per Day -Major Thoroughfare | Magnolia Avenue is a Primary Retail Thoroughfare | Numerous Shopping Centers Within 5-Mile Radius | Access to --Interstate 15 is Less Than 3 Miles Away -Recently Completed Bridge Over the Train Tracks Located Right at the Lincoln & Magnolia Intersection has led to an Increase in Traffic Counts on Magnolia Avenue -Highly Desirable Submarket with Access to Route 91 and Interstate 15 -Great Combination of Hard Corner | Mixed-Use | Residential, Industrial, Retail, and Office Use all in Close Proximity -Recently Remodeled | Building Repainted & New Drought Tolerant Landscaping Throughout -Low Price Per Square Foot | ± $138 Per Square Foot -Low In-Place Rents | ± $1.06 PSF/Mo. | Possible Additional Revenue -Monument Signage | Additional Tenant Exposure
LINKS
PROPERTY TAXES
Parcel Number | 135-151-021 | Improvements Assessment | $2,439,258 |
Land Assessment | $1,072,201 | Total Assessment | $3,511,459 |
Listing ID: 14320492
Date on Market: 11/7/2018
Last Updated:
Address: 12702 Magnolia Ave, Riverside, CA 92503
The Corona Retail Property at 12702 Magnolia Ave, Riverside, CA 92503 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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