For Sale
$4,999,000

9920 Arlington AveRiverside, CA 92503

87,120 SF Warehouse, Owner-User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 87,120-square-foot industrial property, located at 9920 Arlington Ave in Riverside, CA 92503, presents a compelling owner-user opportunity. The single-story building, constructed in 1970 and extensively renovated in 2022, sits on a two-acre lot and boasts a 10' to 14' ceiling height. The property features a 5,248-square-foot free-standing building comprising approximately 2,624 square feet of office space and 2,624 square feet of warehouse space. Additional improvements include an 8,000-square-foot metal canopy and ample extra storage areas. The office area includes four separate offices, a lobby, kitchenette, lunchroom, and two restrooms (one full bath, one half bath). A significant upgrade includes a newly poured 12,000-square-foot concrete slab (4,500 psi) ideal for heavy machinery. Security features include new wrought iron fencing and motorized gates. The property is fully occupied, offering a strong pro-forma NOI of $306,288 and a pro-forma cap rate of 6.13%. The asking price is $4,999,000 ($57.38/SF), with a land value of $61.41/SF. The property is zoned BMP (Business and Manufacturing Park) – verification with the City of Riverside is recommended. Two access gates provide convenient entry and exit. This well-maintained property offers significant potential for expansion and is perfect for investors or contractors seeking a low-maintenance asset in a desirable Riverside location.

Highlights

  • 2-acre corner lot with full asphalt paving and secure fenced yard.
  • Dual gated access: main electric gate on Arlington Ave and secondary gate on Crest Ave.
  • 5,248 SF free-standing building featuring 2,624 SF of renovated office space and 2,624 SF of warehouse space.
  • Warehouse boasts 10'-14' ceiling clearance.
  • 8,000 SF metal canopy plus additional exterior storage.
  • Office area includes four offices, lobby, kitchenette, and lunchroom.

Property Details for 9920 Arlington Ave

Property type
Warehouses, Industrial properties
Square Feet
87,120 SF
Year Built/Renovated
1970/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Riverside
County
Riverside
State
California
Latitude
33.946510268949
Longitude
-117.47206288277
9920 Arlington Ave, Riverside, California

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9920 Arlington Ave
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