21870 Van Burren Blvd Bldg 12, Riverside, CA
Industrial building with office space and convenient freeway access.
- Added:
- Sep 12, 2024
- Days on Market:
- 642
- Last Refresh:
- May 19 at 10:03 pm
Property Features for 21870 Van Burren Blvd Bldg 12
General Information
- Standard status
- Active
- Size
- 12,520 SF
- Lot size
- 2.11 Acres
- Property subtype
- INDUSTRIAL
Listing agent John Martin License #01346629 (714) 307-1250
Listing office Lee & Associates (714) 307-1250
Listing date Sep 12, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates
HighLights
- Close proximity to 91, 215, & 60 Freeways
- Free standing building
- 1,244 SF of office space
- Extensive glass line for the office and warehouse
- 14'-16' clear height
- 1 glass ground level loading door
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $229.9k | $18.36 |
| − Vacancy | −$919 | −$0.07 |
| EGI | $228.9k | $18.29 |
| − OpEx | −$34.3k | −$2.74 |
| NOI | $194.6k | $15.54 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- CubeSmart Self Storage — 4011 Fairgrounds St, Riverside, CA 92501
Map
- City
- Riverside
- County
- Riverside
- State
- California
- Longitude
- -117.368
- Latitude
- 33.9997
