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Retail

Arlington Plaza

Riverside, CA

119,480 SqFt

Built in 1960

Core

Investment Highlights

  • LANDMARK LOCATION AND PREMIER VISIBILITY AT ONE OF THE BUSIEST INTERSECTIONS IN THE INLAND EMPIRE The Property benefits from strong traffic counts (±80,000 VPD), excellent accessibility
  • IMMEDIATE ARBITRAGE AVAILABLE THROUGH RE-SALE OF PADS Arlington Plaza represents an opportunity to reduce the buyer's total cost basis in the Property through an immediate sale of the retail pads at
  • STABILIZED, GROCERY ANCHORED INVESTMENT WITH STRONG NOI GROWTH Over a 10-year period, the NOI is projected to grow more than $900,000 (45%), generating an attractive CAGR greater than 4%
  • HIGHLY SYNERGISTIC DAILY NEEDS ORIENTED TENANT MIX The Property boasts a diverse, internet-resilient tenant roster that includes a premier Hispanic grocer, discount store and pharmacy, as well as a host of complementary in-line tenants
  • HIGH PERCENTAGE OF INCOME FROM CREDIT TENANCY 64% of Arlington Plaza's revenue is sourced from credit tenants in 99 Cents Only, Rite Aid and Cardenas Market

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