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Listed by NATHANIEL DEVLIN • DEVLIN REALTY
$ 3,300,000
Est. payment | /mo
3,821 SqFt
$ 3,300,000
Est. payment | /mo
3,821 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 3,821 sqft
Price per Sqft $863
MLS Listing ID CRIV24171579
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1996
Lot Size 1.070 Acres
Property Description
This commercial restaurant property is situated on a 46,609 square foot lot. It offers 183 feet of frontage along Jefferson Avenue (four lane arterial street,) has a drive-thru and 55 parking spaces. The building is 3,821 square feet and was constructed in 1996; with the last remodel completed in 2022. It is currently outfitted with a fully operational Arby's on a long term lease - lessee is in year five of the current twenty year term, with two additional/optional five year extensions. This property is visible from the 15 freeway; with signage that is also visible from the freeway. It is situated in a well established area with a hotel on the adjacent property, as well as many other commercial spaces with active businesses. This is an incredible opportunity to procure property and earn rental income immediately.
Location
State CA
County Riverside
Interior
Heating Other
Cooling Central Air
Fireplace No
Building
Water Public
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