Magnolia Commons 9590 Magnolia Ave Local commercial 481 m² 100 % Loué À vendre Riverside, CA 92503 1 838 613 € (3 825,02 €/m²) Taux de capitalisation 6 %

Progressive Real Estate Partners is pleased to present Magnolia Commons, a 100% occupied, four-unit, multi-tenant retail building located on the highly trafficked Magnolia Avenue corridor in Riverside, CA. The center features service-oriented, internet resistant tenants offering fitness, tax, security, and real estate services. The leases feature in-place 3% annual rental increases and low/replaceable rents, offering minimal downside and the potential for cash flow and value growth over time. The building recently underwent an exterior renovation, including modernized paint, and benefits from strong retail synergy with an adjacent brand new Dutch Bros Coffee (available together – call broker for details). Supported by over 200,000 daytime employees, residents, and students within a 3-mile radius, this asset offers stable in-place income and built-in rent growth from durable service-oriented tenants.