5265-5295 Arlington Ave

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5265-5295 Arlington Ave

Riverside, CA 92504
Asking Price
Contact for price
Asset Type
Bank Retail
Class
Class B

What's Special

Strategically positioned at the high-traffic intersection of Arlington Avenue and Streeter Avenue <ul><li>​<strong>Prime Entitled Development Opportunity:</strong> The property is fully entitled for a 26,000 sq. ft. retail development that is a “shovel-ready” site in a high-growth corridor</li><li>​<strong>Bank of America (Below-Market Lease with Value-Add Potential): </strong> The Bank of America pad is leased through June 2030, currently paying below-market rent ($34,219 per year /$2,851 per month). With only one remaining ten-year option, the lease presents a prime opportunity to redevelo

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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