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RETAIL SPACE FOR LEASE

HIGH CAR TRAFFIC, BUSY AREA

5391 ARLINGTON AVENUE, RIVERSIDE, CA

EXCLUSIVELY PRESENTED BY BROCKMONT Retail Brokerage, License #02030342 California Bureau of Real Estate The information contained in this offering memorandum has been secured from sources Brockmont Inc. and its agents believe to be reliable, but Brockmont Inc., its agents or affiliates, and/or property owner make no representations or warranties, expressed or implied, as to the accuracy of the information.

MARTIN ZADORIAN EXECUTIVE BROKER

www.Brockmont.com

(818) 275-4888 [email protected] License #02024090

Brockmont.com | 2 5391 ARLINGTON AVENUE | RIVERSIDE, CA

EXECUTIVE SUMMARY .................................................................................................................... 3

PROPERTY PHOTOS ........................................................................................................................ 4

CAR TRAFFIC COUNT MAP .............................................................................................................. 5

AERIAL IMAGE ................................................................................................................................. 6

AERIAL IMAGE (Zoomed View) ....................................................................................................... 7

DEMOGRAPHIC KEY FACTS (3 MILE RADIUS) ............................................................................... 8

DEMOGRAPHIC PROFILE ................................................................................................................ 9

AREA OVERVIEW ........................................................................................................................... 10

This Offering Memorandum has been prepared by Brockmont Inc. for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the Property or any of the documents related thereto, nor does it claim to be all-inclusive or to contain all the information which prospective investors/tenants may need or desire. All projections, if any, have been developed by designated sources and are based upon assumptions relating to the general economy, competition and other factors beyond the control of the Seller/Lessor, and are, therefore, subject to variation. No representation is made by Brockmont Inc., its agents or affiliates, or property owner as to the accuracy or completeness of the information contained herein, and nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of the Property. Although the information contained herein is believed to be correct, the Seller/Lessor and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further to this, Brockmont Inc., its agents and/or affiliates, property owner disclaim any and all liability for representations and warranties, expressed and implied, contained herein, or for omissions from the Offering Memorandum or any other written or oral communication transmitted or made available to the recipient. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offering memorandum. The information contained in the following offering memorandum is proprietary and strictly confidential. This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers or prospective lessee’s, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the Property or Seller/Lessor since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum are solely the responsibility of the prospective purchaser or lessee. Brockmont Inc., its agents or affiliates, or property owner make no warranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe to be reliable; however, Brockmont Inc. has not verified, and will not verify, any of the information contained herein, nor has Brockmont Inc. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers or tenants shall be responsible for their costs and expenses of investigating the subject property.

OFFERING MEMORANDUM DISCLAIMER AND CONFIDENTIALITY

TABLE OF CONTENTS


Great street visibility and High car traffic counts on Arlington Ave. with over 28,000 cars per day. Unit is located in the shopping center anchored by Carnes Culican Grocery Market! Extra large parking lot with 47 parking spots. Parking is abundant, your customers will always have easy access to your business. The center is located directly adjacent to McDonalds. Existing tenants include Carnes Culiacan Market, Lindsey Nail & Spa, Chick Hair Studio, Healthy 1 Life (Herbalife), and nearby other establishments such as Long John Silvers, Bank of America, etc.. The center features over 300 feet of frontage on Arlington Avenue, creating a massive presence. 100% direct street visibility and quick access from both sides of the road. The center is located in a shopping oriented area in the city of Riverside, which hosts a population of over 300,000 residents and rapidly growing! Well lit exterior, automatic lighting turns on after sunset, 7 days a week. Unit was previously used as fitness studio. It features an open floor plan. Common Area NNN Includes: landscaping, water for interior unit, irrigation, parking lot cleaning, exterior blowing, maintenance of the roof, portion of taxes incurred for property, insurance for exterior of the shopping center, lighting for exterior of the shopping center & parking Maintained by an active management/ownership which believes in tenant success as its core principle.

Property Type: Retail Unit, located within Arlington Shopping Center

Address: 5391 Arlington Avenue, Riverside, CA 92504

Rent Amount $929.50 ($1.39/SF/Month)

CAM Estimate $220.50/Month

Square Footage 670 SF

Lot Size 41,818 SF

Parking 47 Parking Spaces, shared

Lease Term: 3 years

Date Available ready to move in, freshly painted

Car Traffic Count 27,000 cars/day

Zoning (CR) Commercial Retail Zone

Co-tenants Carnes Culican Grocery, Chiq Hair Studio, Lindsey Nails, Herbalife

EXECUTIVE SUMMARY PROPERTY SUMMARY


PROPERTY PHOTOS


CAR TRAFFIC COUNT MAP


AERIAL IMAGE


AERIAL IMAGE (Zoomed View)


DEMOGRAPHIC KEY FACTS (3 MILE RADIUS)

Ring 3 mile radius. Data Note: Income is expressed in current dollars. U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 20201


DEMOGRAPHIC PROFILE (3 MILE RADIUS)

Ring 3 mile radius. Data Note: Income is expressed in current dollars. U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 20201


1 County of Riverside 11,187

2 Riverside Unified School District 5,580

3 University of California, Riverside 5,497

4 Kaiser Permanente 4,500

5 City of Riverside 2,687

6 Riverside Community College District 2,087

7 Riverside Community Hospital 1,880

8 Riverside County Office of Education 1,765

9 Alvord Unified School District 1,445

10 Parkview Community Hospital 1,350

Riverside is a city in Riverside County, California, United States, located in the Inland Empire metropolitan area. Riverside is the county seat of the eponymous county and named for its location beside the Santa Ana River. It is the most populous city in the Inland Empire as well as Riverside County, and is located approximately 60 miles (97 km) east of Los Angeles. It is also part of the Greater Los Angeles area. Riverside is the 59th most

populous city in the United States and 12th most populous city in California. Riverside is the 59th most populous city in the United States and 12th most populous city in California. As of the 2010 Census, Riverside had a population of 303,871. Riverside is home to the University of California, Riverside. The UCR Botanical Gardens contains 40 acres (16 ha) of unusual plants, with four miles (6 km) of walking trails. The city prides itself on its historic connection to the navel orange, which was introduced to North America from Brazil by the first settlers to Riverside in 1873. Riverside is home to the one surviving Parent Navel Orange Tree, from which all American West Coast navel orange trees are descended.

Riverside has a diversified economy with significant manufacturing and non-manufacturing sectors. The manufacturing sector is largely light-industry and generates a range of products including aircraft components, automotive parts, gas cylinders, electronic equipment, food products, and medical devices. Supporting the manufacturing sector are several industrial parks, including those in the Hunter Industrial Park, Sycamore Canyon Industrial Park and Airport Industrial Areas. Many of the industrial sites are rail-served, with Union Pacific and Burlington Northern Santa Fe main lines running through the city. As the county seat and largest city in the region, Riverside also houses numerous legal, accounting, brokerage, architectural, engineering and technology firms as well as banking institutions.

AREA OVERVIEW

TOP AREA EMPLOYERS # of Employees

EXCLUSIVELY PRESENTED BY BROCKMONT Retail Brokerage, License #02030342 California Bureau of Real Estate The information contained in this offering memorandum has been secured from sources Brockmont Inc. and its agents believe to be reliable, but Brockmont Inc., its agents or affiliates, and/or property owner make no representations or warranties, expressed or implied, as to the accuracy of the information.

MARTIN ZADORIAN EXECUTIVE BROKER

www.Brockmont.com (818) 275-4888 [email protected] License #02024090

high car traffic, busy area - · pdf filehigh car traffic, busy area ... a necessarily...

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