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Single-Tenant Retail NNN Building
For Sale
$2,900,000

1710 Main Street, Riverside, CA 92501

Freestanding Family Dollar NNN retail building on a corner with ample parking and a loading area.

Property Size8,259 SF
Days on Market83

Property Features for 1710 Main Street

General Information

Standard status Active
Size 8,259 SF
Property subtype Retail

Building Details

Building Size 8,259 SF
Year Built 1979
Listing Agency: Pinnacle Real Estate Group
Listed By: Nancy Liu · License #01974871
Source: Velocityrealtysd
Added: Jul 24 Changed: Oct 8 Last Checked: Oct 13 at 12:16AM

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 Pinnacle Real Estate Group

Investment Insights

Based on property information with market context.

This freestanding, single-tenant retail building is leased to Family Dollar under an NNN structure. The lease originally commenced in 2012, and the tenant is currently exercising a 5-year renewal option. Tenant responsibilities include property taxes, insurance, HVAC replacement, and most maintenance, limiting day-to-day landlord involvement. The building is described as well-maintained and is supported by onsite parking and a designated loading area.

The property is located at a highly visible corner in Riverside and is positioned for convenient customer access based on the provided remarks.

From a practical occupancy standpoint, the offering is centered on a long-term Family Dollar tenant with the ongoing renewal in place, supported by NNN terms and a maintenance structure allocated primarily to the tenant.

Key Highlights

  • 1979‑built, freestanding single‑tenant Family Dollar NNN retail building on a highly visible corner
  • Long‑term Family Dollar tenant: original lease began in 2012 and the tenant is exercising a 5‑year renewal option
  • Tenant pays property taxes and insurance, plus HVAC replacement and most maintenance responsibilities

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$118,383
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,367,660 $2.4M
Cap Rate 7%
$1,691,186 $1.7M
Cap Rate 9%
$1,315,367 $1.3M
Market Conditions
NOI Build-Up for 8,259 SF
Gross rent
$178.4K $21.60/SF
− Vacancy
−$9.3K −$1.12/SF
EGI
$169.1K $20.48/SF
− OpEx
−$50.7K −$6.14/SF
NOI
$118.4K $14.33/SF
Area
Riverside, CA
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,367,660
Cap Rate 7%
$1,691,186
Cap Rate 9%
$1,315,367

Alternative Uses

Best Use
Retail
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,383 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.83M
$2.48M – $3.31M (±1% cap)
NOI $198,343 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Food Market Nail Salon Computer & Electronic Repair Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

598
Businesses Nearby
82k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 86% Dining 14%
ARCO Shops & Services
26,814 visits/mo 0.3 miles
76 Shops & Services
13,583 visits/mo 0.4 miles
Baker's Drive Thru Dining
11,186 visits/mo 0.3 miles
AMPM Shops & Services
11,164 visits/mo 0.3 miles
Family Dollar Shops & Services
9,574 visits/mo 0.0 miles

Demographics for 92501, CA

22,017
Population
7,488
Households
2.9
Avg Household Size
35
Median Age
18%
College-Educated
81%
High-School Grad
5.6 sq mi
ZIP Area
3,932
Density / Sq Mi
$83,027
Median Household Income
$41,780
Median Earnings
$1,615
Median Rent
$466,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding Family Dollar NNN retail building on a corner with ample parking and a loading area.
Where is this nnn property located?
The property is located at 1710 Main Street Riverside, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 1979‑built, freestanding single‑tenant Family Dollar NNN retail building on a highly visible corner; Long‑term Family Dollar tenant: original lease began in 2012 and the tenant is exercising a 5‑year renewal option; Tenant pays property taxes and insurance, plus HVAC replacement and most maintenance responsibilities
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