31750-31764 Casino Dr
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31750-31764 Casino Dr
31,747 SF 100% Leased Retail Building Lake Elsinore, CA 92530 $9,440,000 ($297/SF) 6.50% Cap Rate
Executive Summary
100% occupied & stabalized center with County of Riverside anchor plus two more long standing tenants. Freeway exposure and lake veiws. Call me (951)892-5963 Robert T Arrieta-Broker #00997821 Thank you
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
31,747 SF
Building Class
C
Year Built
1990
Price
$9,440,000
Price Per SF
$297
Cap Rate
6.50%
NOI
$613,600
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
2.51 AC
Zoning
C2
Parking
125 Spaces (3.94 Spaces per 1,000 SF Leased)
Frontage
463 FT on Casino Dr
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $4,884,693 | |
Land Assessment | $853,365 | Total Assessment | $5,738,058 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$853,365
Improvements Assessment
$4,884,693
Total Assessment
$5,738,058
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Robert T Arrieta
31750-31764 Casino Dr
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