10-Unit Shopping
For Sale
Contact for pricing
375 379 & 385 Central Avenue, Riverside, CA 92821
Fully occupied retail center with multiple suites and in-place net operating income.
Property Size24,065 SF
Lot Size2.23 Acres
Days on Market144
Property Features for 375 379 & 385 Central Avenue
General Information
Standard status
Active
Size
24,065 SF
Lot size
2.23 Acres
Property subtype
Retail
Occupancy
100%
Net Operating Income
$524,652
Additional Details
Cap Rate
5.83%
Building Details
Tenancy
Multi
Listing Agency:
Coastal Commercial
(949) 229-2273
Listed By:
Nathan Holthouser · License #CA 01838616
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 1:26AM
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 Coastal Commercial
Investment Insights
Based on property information with market context.
This shopping center contains 24,065 square feet across 10 retail units on a 2.23-acre parcel. The property is reported as 100% occupied, providing an established multi-tenant retail configuration with in-place net operating income. The stated 5.83% cap rate offers an operating metric for evaluating the asset.
The center’s layout supports a range of retail occupants within one commercial property, with income distributed across multiple suites rather than a single premises. Its size, unit count, full occupancy, and acreage create a clearly defined shopping-center profile.
The center’s layout supports a range of retail occupants within one commercial property, with income distributed across multiple suites rather than a single premises. Its size, unit count, full occupancy, and acreage create a clearly defined shopping-center profile.
Key Highlights
- 24,065‑square‑foot shopping center on 2.23 acres
- 10 retail units within the center
- 100% occupied
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92821, CA
41,335
Population
15,232
Households
2.7
Avg Household Size
40
Median Age
49%
College-Educated
93%
High-School Grad
14.1 sq mi
ZIP Area
2,932
Density / Sq Mi
$116,660
Median Household Income
$59,010
Median Earnings
$2,254
Median Rent
$851,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied retail center with multiple suites and in-place net operating income.
Where is this shopping center located?
The property is located at 375 379 & 385 Central Avenue Riverside, CA.
What are key features of this property?
This property features: 24,065‑square‑foot shopping center on 2.23 acres; 10 retail units within the center; 100% occupied
