Retail Property with Main Street
8616 Limonite Ave, Jurupa Valley, CA 92509
For Sale
Contact for pricing
6,000 SF retail property with high visibility and parking.
Property Size6,000 SF
Lot Size0.56 Acres
Price / SF$2.15
Days on Market551
Property Features for 8616 Limonite Ave
General Information
Standard status
Size
Lot size
Listing Agency:
Champions Real Estate
(909) 204-5454
Listed By:
Hugo Chau
(626) 466-8128
Source:
Exprealty
Added: May 6, 2025
Changed: Aug 8
Last Checked: Aug 25 at 5:13AM
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 Champions Real Estate
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Investment Insights
Based on property information with market context.
This approximately 6,000 square foot retail property, formerly a TrueValue hardware store, offers main street exposure and a pylon sign. Constructed in 1981, the large, rectangular-shaped building includes two new bathrooms, three rooftop AC units, and CCTV. A large roll-up door provides alley access. The property features approximately 22 parking spaces and approximately 200 feet of frontage on Limonite Avenue at Eucalyptus Street. The location is within a one-mile radius of major retailers, including a Walmart center of 94,000 square feet with 99 Cents Only, and the Jurupa Valley Spectrum Center of 106,000 square feet, anchored by Walgreens with Wing Stop, Big 5, Starbucks, and Del Taco. Also nearby is the DeAnza Shopping Center, a 222,800 square foot center anchored by Stater Bros with KFC, Jack In The Box, and Chase Bank. Within a three-mile radius, the population is 88,809 with 23,427 households and a median household income of $90,523. The property is also available for lease.
Key Highlights
- High‑traffic location with 200 feet of frontage on Limonite Ave, offering excellent visibility.
- Proximity to major retailers (Walmart, Walgreens, Stater Bros) and shopping centers, attracting significant customer flow.
- Large 6,000 sqft rectangular space suitable for various business types.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,009
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,660,180
$1.7M
Cap Rate 7%
$1,185,843
$1.2M
Cap Rate 9%
$922,322
$922.3K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$129.6K $21.60/SF
− Vacancy
−$11.0K −$1.84/SF
EGI
$118.6K $19.76/SF
− OpEx
−$35.6K −$5.93/SF
NOI
$83.0K $13.83/SF
Area
Jurupa Valley, CA
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,660,180
Cap Rate 7%
$1,185,843
Cap Rate 9%
$922,322
Alternative Uses
Best Use
Retail
$1.19M
$1.04M – $1.38M
NOI $83,009 @ 7.0% cap · market cap 644.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,378 @ 7.0% cap · market cap 1,073.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
481
Businesses Nearby
142k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 31%
Groceries 28%
Walmart Neighborhood Market
Groceries
39,825 visits/mo
0.3 miles
McDonald's
Dining
22,739 visits/mo
0.3 miles
Dollar Tree
Shops & Services
14,410 visits/mo
0.4 miles
Chevron
Shops & Services
12,775 visits/mo
0.1 miles
Wells Fargo
Shops & Services
11,112 visits/mo
0.4 miles
Demographics for 92509, CA
78,166
Population
20,929
Households
3.7
Avg Household Size
34
Median Age
14%
College-Educated
72%
High-School Grad
30.7 sq mi
ZIP Area
2,546
Density / Sq Mi
$95,218
Median Household Income
$40,015
Median Earnings
$1,698
Median Rent
$501,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Riverside County, CA
Properties on Market for Storefront properties in Riverside County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - 6,000 SF retail property with high visibility and parking.
Where is this storefront property located?
The property is located at 8616 Limonite Ave Jurupa Valley, CA.
What are key features of this property?
This property features: High‑traffic location with **200 feet of frontage on Limonite Ave**, offering excellent visibility.; Proximity to major retailers (Walmart, Walgreens, Stater Bros) and shopping centers, attracting significant customer flow.; Large **6,000 sqft rectangular space** suitable for various business types.
