3600 Lime StRiverside, CA 92501

Property Details for 3600 Lime St

Year built

1981

Construction

WOOD

Lot size

2.95 AC

Property size (Sq ft)

7,798 SF

Zone code

DSP

Property type

Office buildings

APN

213-340-011

APU

213340011

Description

Mission Lake Center, a two-story professional office park in downtown Riverside, offers 15,527 square feet of prime executive and professional office space for lease. The property boasts a convenient location with excellent freeway visibility and signage. Tenants can choose from flexible suite sizes, ranging from a minimum of 687 square feet to a maximum contiguous space of 4,247 square feet, with a total of 10 spaces currently available. The building features an on-site restaurant, a free common area conference center, and ample free surface parking at a ratio of 4 spaces per 1,000 square feet. On-site management ensures efficient building operations. The entire building is currently vacant, presenting a unique opportunity for a single tenant or multiple tenants seeking modern, well-located office space in Riverside County. The property's strategic location and comprehensive amenities make it an ideal choice for businesses seeking a prestigious and functional workspace. The building's design and features cater to the needs of executive and professional office users, providing a comfortable and productive environment. Interested parties are encouraged to inquire about lease terms and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $2,022,220

  6.5%

  $1,866,665

  7%

  $1,733,332

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,340,629

  Geo Method

  $2,744,662

• Alternative Use

  Use

  Valuation

  Residential

  $2,314,664

  Hospitality

  $2,120,220

  Educational

  $1,763,998

  Medical

  $1,824,665

  Retail

  $2,743,998

Location Insight

City

Riverside

County

Riverside

State

California

Latitude

33.9825

Longitude

-117.369

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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