1880 Iowa Ave
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1880 Iowa Ave
66,360 SF 57% Leased Industrial Building Riverside, CA 92507 For Sale
Investment Highlights
- Gross Income: $449,210
- 400 Amp, 480 Volt Electrical Panel (Expandable to 3,600 Amps)
- Lease Expires: 9/30/2025
- 12 Dock High Loading Doors
Executive Summary
Sale offering consists of a 66,360 square-foot multi-tenant industrial facility. Currently 28,845 square feet of the facility is vacant while 37,515 square feet is occupied. For the occupied space gross income is $449,210 . Lease expires September 30th 2025 with one five year option to renew FMV. The facility features include 24 foot warehouse clear heights, 12 dock high loading doors, 400 amp, 480 Volt electrical panel, expandable to 3,600 amps, secured yard area with electronic gate. City of Riverside owned, operated and managed electric utility. Immediate access to the 91/215/60 Freeways.
Property Facts
| Sale Type | Investment or Owner User | Year Built | 1992 |
| Property Type | Industrial | Parking Ratio | 1/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 24 FT |
| Building Class | B | No. Dock-High Doors/Loading | 12 |
| Lot Size | 3.24 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 66,360 SF | Opportunity Zone |
Yes
|
| No. Stories | 1 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.24 AC |
| Rentable Building Area | 66,360 SF |
| No. Stories | 1 |
| Year Built | 1992 |
| Parking Ratio | 1/1,000 SF |
| Clear Ceiling Height | 24 FT |
| No. Dock-High Doors/Loading | 12 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
Amenities
- Fenced Lot
- Skylights
PROPERTY TAXES
| Parcel Number | 249-130-044 | Improvements Assessment | $5,896,632 |
| Land Assessment | $2,229,920 | Total Assessment | $8,126,552 |
PROPERTY TAXES
Parcel Number
249-130-044
Land Assessment
$2,229,920
Improvements Assessment
$5,896,632
Total Assessment
$8,126,552
zoning
| Zoning Code | MP (industrial) |
| MP (industrial) |
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Craig Yocum -
Alexey Zabolotskikh -
Lee & Associates
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1880 Iowa Ave
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