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Tyler Street Plaza

$12,500,000

3838-3980 Tyler Street, Riverside, CA 92503

Active
Last Updated: 11/03/2022

5.67

Cap Rate

708,074

NOI

Details:
Cap Rate:    5.67%
NOI:    $708,074
Building Size:    80,915 sqft
Lot Area:    5.76 acres
Occupancy:    100%
Lease Type:    Triple Net
Year Built:    1980
Price Per Sqft:    $154
Zoning:    C2
Tenancy:    Multiple
Parking Spots:    305
Gross Leaseable Area:    80,915
Highlights:
  • 80,915 SF multi-tenant shopping plaza
  • 305 Parking Spots
  • Pad on Tyler Street, just north of Magnolia Avenue - one of Inland Empire’s most desirable retail corridors
  • Tyler Street Plaza major tenants: Burlington and Wendy’s
  • Area tenants include Nordstrom, Macy’s, Cheesecake Factory, Yard House, Target, Best Buy
  • Exceptional parking with tremendous visibility to Tyler Street
  • Half a mile away from I-91 E FWY
Description:

Compass Commercial has been exclusively retained for the sale of Tyler Street Plaza located at 3838 - 3870 Tyler Street in the City of Riverside. The Tyler Street Plaza is an 80,915 square foot shopping center ideally situated on 5.76 acre of land located in the Tyler Street retail hub in Riverside, California. Tyler Street Plaza has been anchored by Burlington Coat Factory since 1999 and continues to be one of the leading value retailers in the industry. Tyler Street shopping center consists of seven tenants including Wendy’s, a national credit tenant fast food restaurant since 2021. The center was built in 1980 and is located on Tyler Street, just north of the Magnolia Avenue/Tyler Street intersection. The subject property has a total of 305 parking spaces.

Tyler Street Plaza is one of Inland Empire’s most desirable retail corridors located at the signalized intersection of major Tyler Street and Magnolia Avenue, approximately half of mile from I-91 E FWY. The center is full of major anchor tenants, including Nordstrom, Macy’s, Cheesecake Factory, Yard House, Target, Best Buy. Nearby parks include Myra Lynn Park, Challen Park and Collett Park.

* Buyer to verify all information inclusive of square footage. Don’t disturb tenant.

Map:
Documents:
Title
3838_Tyler_Street_Plaza_OM.pdf
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Location
Gallery