524 W 4th Street

    Perris, CA 92570
    • $2,600,000
    • STATUS: Active
    • ON SITE: 180 days
    • ID#: 180046786
    UPDATED: 47 min ago
    $2,600,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial-Lease
    County:

    School Ratings & Info

    Description

    *PRICE REDUCTION* Beautiful new construction two-tenant medical office building for sale in Perris, CA. 100% occupied, with upside of 1,110 SF that could be an additional suite. The anchor tenant, Perris Hills Pharmacy, is an all inclusive full service pharmacy. The second tenant, BAWJ Medical Services is an urgent care facility that complements the pharmacy+GGs business. Perris Hills Pharmacy will execute a new 10-year sale leaseback at the close of escrow. With complementary medical tenants, new construction, a long-term lease and additional upside, 524 W 4th Avenue offers an investor a stable in-place income stream and a value-add opportunity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-23T19:37:56.347. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.californiarealtyexperts.com/homes/88830271

    524 W 4th Street Perris, CA 92570

    • Price: $2,600,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: 180046786
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    County:
    Riverside
    Property Description
    *PRICE REDUCTION* Beautiful new construction two-tenant medical office building for sale in Perris, CA. 100% occupied, with upside of 1,110 SF that could be an additional suite. The anchor tenant, Perris Hills Pharmacy, is an all inclusive full service pharmacy. The second tenant, BAWJ Medical Services is an urgent care facility that complements the pharmacy+GGs business. Perris Hills Pharmacy will execute a new 10-year sale leaseback at the close of escrow. With complementary medical tenants, new construction, a long-term lease and additional upside, 524 W 4th Avenue offers an investor a stable in-place income stream and a value-add opportunity.
    Property Features

    Country Us Total Monthly Rent 16820

    Listing provided courtesy of Aaron Bove of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-23T19:37:56.347. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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