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Westgate Plaza - Bldgs A-D 11140-11170 Magnolia Ave 2,396 - 8,433 SF of Retail Space Available in Riverside, CA 92505
HIGHLIGHTS
- Heavy traffic and easy visibility and easy accessibility from both Magnolia Ave and La Sierra Ave, and easily accessible from the 91 freeway
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,037 SF | 3-5 Years | $37.38 CAD/SF/YR $3.11 CAD/SF/MO $225,657 CAD/YR $18,805 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste C | 2,396 SF | 3-5 Years | $41.37 CAD/SF/YR $3.45 CAD/SF/MO $99,113 CAD/YR $8,259 CAD/MO | Triple Net (NNN) |
1st Floor
This is a great space for retail in a highly visible location with plenty of parking.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space In Need of Renovation
- Central Air and Heating
- Private Restrooms
- After Hours HVAC Available
- Smoke Detector
- Wheelchair Accessible
- Close to Retail/Restaurants
- High Visibility
- Ample Parking
1st Floor, Ste C
This is a second generation restaurant space. (Formerly a Chinese sit-down restaurant) Space includes a kitchen exhaust hood system.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- Drop Ceilings
- After Hours HVAC Available
- Smoke Detector
- Wheelchair Accessible
- Well-Maintained Property
- Prime Retail Location
- Ample Parking
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT WESTGATE PLAZA - BLDGS A-D
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Airport Chiro Medical
- MD/DDS
- 1
- -
- Curl Fitness
- Fitness
- 7
- Local
- Dollar Tree
- Dollar/Variety/Thrift
- 10,717
- International
- Domino’s
- Pizza
- 9,072
- International
- Jackson Hewitt
- Acctg/Tax Prep
- 7,652
- National
- Royal Tobacco
- Tobacco
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Airport Chiro Medical | MD/DDS | 1 | - |
| Curl Fitness | Fitness | 7 | Local |
| Dollar Tree | Dollar/Variety/Thrift | 10,717 | International |
| Domino’s | Pizza | 9,072 | International |
| Jackson Hewitt | Acctg/Tax Prep | 7,652 | National |
| Royal Tobacco | Tobacco | 1 | Local |
PROPERTY FACTS
| Total Space Available | 8,433 SF | Total Land Area | 5.80 AC |
| Property Type | Retail | Year Built | 1984 |
| Property Subtype | Freestanding | Parking Ratio | 4.57/1,000 SF |
| Gross Leasable Area | 63,449 SF |
| Total Space Available | 8,433 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 63,449 SF |
| Total Land Area | 5.80 AC |
| Year Built | 1984 |
| Parking Ratio | 4.57/1,000 SF |
ABOUT THE PROPERTY
* Located at the hard signalized corner of Magnolia Avenue and La Sierra Avenue. * Located off the 91 Interstate Freeway (221,000 CPD). * This intersection is one of the busiest in the city of Riverside and is visible to over 58,300 CPD. * Property is anchored by a highly trafficked Curl Fitness Gym and a high volume Dollar Tree Store. * Other co-tenants include El Pollo Loco, Newport Dental, Waba Grill, Domino's Pizza, Tastea Boba and Jackson Hewitt. * Located less than 1 block from Kaiser Permanente (4000 employees). * This retail hub services a high population of 25,800 people in a 1-mile radius and 238,500 people in a 5-mile radius. * Average Household Income exceeding $100,000. * Magnolia Avenue and La Sierra Avenue are primary corridors and highly trafficked.
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
Ahmed Radwan
Westgate Plaza - Bldgs A-D | 11140-11170 Magnolia Ave
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