NOI / Year
$127,950
Cap Rate
6.09%
GRM
14.00x
DSCR
1.00
CommercialFractional
Downtown Riverside Retail Strip
location_on3700 Main St, Riverside, CA 92501
List Price
$2,100,000
Sq Ft
5,200
Built
1989
real_estate_agent
Listing Agent
Robert Diaz
Commercial Realty Partners
infoProperty Overview
4-unit retail strip, 2 occupied with NNN leases. Agent representing fractional ownership — 4 equal 25% interests available. Perfect passive income vehicle.
Square Feet
5,200
Lot Size
0.35 Acres
Year Built
1989
Cap Rate
6.1%
Co-op Commission
2%
DRE #
01765432
Key Features
NNN Leases4 Retail Units2 OccupiedHigh-Visibility CornerFractional Investment
trending_upIncome Assessment
Rent Scenario
Units
Gross Annual Income$150,000
Price per SqFt$404
Est. Cap Rate6.09%
calculateUnderwriting — Annual Expenses
$
$
$
$
$
$
8%
Total Annual Expenses$22,050