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1425 Palmyrita Ave Riverside, CA 92507

14,699 SF Warehouse, 5.70% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 14,699-square-foot warehouse, located at 1425 Palmyrita Ave in Riverside, CA 92507, presents a compelling investment opportunity. Built in 2005, the property boasts a desirable 5.70% capitalization rate and a price per square foot of $340. The warehouse features a substantial 24-foot clear ceiling height, providing ample vertical space for storage and operations. Three ground-level loading docks ensure efficient loading and unloading, while the oversized yard offers additional storage capacity. Constructed with durable concrete tilt-up construction, the building includes a sprinkler system (0.60/2000). Its single-tenant occupancy simplifies management, and the property benefits from an outstanding location with excellent access. This well-maintained industrial space is ideal for a variety of uses and represents a strong addition to any investment portfolio. The property is situated in Riverside County, California, offering convenient access to major transportation routes. The building's solid construction and desirable features make it a highly attractive investment prospect. This is a rare opportunity to acquire a well-located, high-quality warehouse in a thriving market.

Highlights

  • ±14,699 SF warehouse building
  • 24' clear height
  • Oversized yard
  • Three ground-level loading docks
  • Built in 2005
  • Excellent location with easy access to major transportation routes

Property Details for 1425 Palmyrita Ave

Property type
Warehouses, Industrial properties
Square Feet
14,699 SF
Year Built
2005

Location Insight

City
Riverside
County
Riverside
State
California
Latitude
34.0051403
Longitude
-117.3417903

FAQs

What type of property is this?
Warehouse - 14,699 SF Warehouse, 5.70% Cap Rate
Where is the warehouse located?
The property is located at 1425 Palmyrita Ave Riverside, CA.
What are key features of this property?
This property features: ±14,699 SF warehouse building; 24' clear height; Oversized yard
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1425 Palmyrita Ave
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