Leased – Retail Eligible Property in City of Riverside

Total Lease Value:
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Property Description

Listing 4904

Lease Details:

Status: Closed
M&A: No
Deal Type: Lease
License: Retail
Building sqft:
Total Lease Value:
Approximate Closing Date: 05/22/2024
Represented: Landlord
Listing Agent: Jason Piazza

Listing Details:

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****Corner Lot with Ample Parking!**

Secure a property in the newest California city to embrace Retail Sales! Recently the City of Riverside set an application due date for Cannabis Retail licenses. Separate yourself from the pack of applications with a quality property the City will love. Excellent street visibility and ample parking, make this property a great option for any operator looking to open a dispensary in Riverside. The application due date is expected to open in December 2023. Secure your chance at Riverside Retail today!

Real Estate Highlights

  • 3,200 Sf Property
  • Over 40 Parking Spaces
  • .42 Acre, Double Wide Lot w/Mixed Use Zoning
    • MU-V Overlay: 2.5 F.A.R. | 40 D.U./Acre
  • < 5 Minute Drive From University Of CA Riverside
  • Restaurant/Bar With Large Patio

Area Demographics

  • Median Age: 32
  • 5-Mile Population: 208,695
  • 5-Mile Avg HH Income: $94,478
  • University Ave: 29,490 VPD
  • Chicago Ave: 19,993 VPD

Jason Piazza – WeCann – License# 01405965

Zip: 92507
Country: United States
Property Id: 36761
Property Size: 3,000 ft2
Property Status: active