Riverside Office Building For
For Sale
$1,495,000
6346 Brockton, Riverside, CA 92506
5,350 SF Class B office building in downtown Riverside.
Property Size5,350 SF
Lot Size0.31 Acres
Price / SF$279.44
Days on Market166
Property Features for 6346 Brockton
General Information
Standard status
Active
Size
5,350 SF
Lot size
0.31 Acres
Site & Location
Neighborhood
Magnolia Center
Building Details
Year Built
1987
Listing Agency:
Compass
Listed By:
Sahmon Zoughi · License #01930385
(310) 634-5154
Source:
Myfabuloushome
Added: May 12
Changed: Oct 5
Last Checked: Oct 23 at 8:00AM
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 Compass
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Investment Insights
Based on property information with market context.
This 5,350 square foot Class B office building, constructed in 1989, is situated in downtown Riverside. Zoned GC and located on a 0.31-acre lot, the single-story building is suitable for multiple tenants, presenting an investment or owner-user opportunity. The building's layout includes private offices, conference rooms, and reception areas. There are 14 on-site parking spaces. The property is located near the SR-91 Freeway and the Downtown Riverside Metrolink Station. Adjacent to the Riverside County Historic Courthouse and civic center, it is surrounded by retail, dining, and business services. The property has landscaping with mature trees and manicured shrubs.
Key Highlights
- Prime Downtown Riverside location in a vibrant civic and commercial corridor.
- Versatile 5,350 SF Class B office building suitable for multiple tenants or owner‑user.
- Convenient access to SR‑91 Freeway and Downtown Riverside Metrolink Station.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,309
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,986,180
$2.0M
Cap Rate 7%
$1,418,700
$1.4M
Cap Rate 9%
$1,103,433
$1.1M
Market Conditions
NOI Build-Up for 5,350 SF
Gross rent
$141.2K $26.40/SF
− Vacancy
−$8.8K −$1.65/SF
EGI
$132.4K $24.75/SF
− OpEx
−$33.1K −$6.19/SF
NOI
$99.3K $18.56/SF
Area
ZIP 92506
Vacancy
6.25%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,986,180
Cap Rate 7%
$1,418,700
Cap Rate 9%
$1,103,433
Alternative Uses
Best Use
Office B
$1.42M
$1.24M – $1.66M
NOI $99,309 @ 7.0% cap · market cap 6.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.84M
$1.61M – $2.14M
NOI $128,482 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,316
Businesses Nearby
Explore this area
Business Placement
Demographics for 92506, CA
45,185
Population
15,407
Households
2.9
Avg Household Size
41
Median Age
42%
College-Educated
93%
High-School Grad
16.2 sq mi
ZIP Area
2,789
Density / Sq Mi
$120,877
Median Household Income
$51,224
Median Earnings
$1,814
Median Rent
$634,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - 5,350 SF Class B office building in downtown Riverside.
Where is this office building located?
The property is located at 6346 Brockton Riverside, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Prime Downtown Riverside location in a vibrant civic and commercial corridor.; Versatile 5,350 SF Class B office building suitable for multiple tenants or owner‑user.; Convenient access to SR‑91 Freeway and Downtown Riverside Metrolink Station.
