Rite Aid

Retail-Commercial for Sale
Catylist Listing ID: 30384247
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 17,515 SF
Gross Building Area: See Agent
Gross Land Area: 1.64 Acres
Sale Price: $6,655,700
Unit Price: $380 PSF
Ceiling: 18 ft.
Property Use Type: Investment, Vacant/Owner-User
Building Name: Rite Aid
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/8/2019

Overview / Comments

High profile free standing building located on a major arterial street (NEC Washington St. and Avenue 42).
Cross easement access to adjacent retail parking.
Entrances on Washington Street and Avenue 42.
Building is located in a small development with KFC and small shop retailers and restaurants. Signalized intersection on one of the Coachella Valley's busiest streets.
Close to grocery anchored shopping centers with restaurant and service
tenants.
Strong residential development surrounds the property.
Building can be used for retail, restaurant, general office and medical office purposes. Building currently has Rx pickup lane on the north side of the building.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 607-130-012-8
Zoning: CPS
Property Located Between: NEC Washington Street & Avenue 42
Property Visibility: Excellent
Traffic/Vehicle Count: 40,000
Highway Access: 1 Mile from I 10 Freeway
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2000
Year Renovated: 2015
Total Parking Spaces: 60
Parking Ratio: 3.4 (per 1000 SF)
Parking Type: Surface
Parking Description: On-site parking ratio of 3.39/1,000 SF

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,417 59,212 147,407
Median Age: 41.81 48.79 44.36
Households: 4,539 25,772 59,584

Sponsoring Organization

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