The Rialto Collective

Highlights

• Diverse Income Stream – Income is spread across 32 tenants, with no individual tenant accounting for more than 8% of total revenue.
• Fully NNN-Leased Asset – Tenants proportionately reimburse all operating expenses, including all property taxes, insurance, and CAM, minimizing landlord exposure.
• Smaller, Easier-to-Lease Suites – Majority of units range from 125 SF to 950 SF, appealing to small businesses and limiting exposure to high vacancy risk.
• Service-Oriented Office Users—Not traditional office space – Small, private suites cater to service-based professionals seeking affordable workspace.
• Inland Empire Office Market Outperforms National Trends – Vacancy remains low at approximately 5%, well below the national average of 13.9% (CoStar).
• Recent Capital Improvements – Significant upgrades include new roofs, parking lot slurry seal/stripe, new HVAC, interior paint, new flooring, and full renovation of unit 225-10 (±3,500 SF).
• Built-In Rent Growth – Leases include embedded CPI or 3% annual increases, offering a hedge against inflation.
• Bonus Basement Space – ±11,600 SF basement (excluded from GLA) offers flexible use for storage or ownership purposes.
• Prime Redevelopment Potential – Zoned Downtown Mixed-Use (DMUZ) within the Foothill Central Specific Plan, offering future residential mixed-use development upside.
• Large, Well-Located Site - ±1.35 acres (±58,806 SF) with prominent frontage on S Riverside Avenue supports redevelopment potential.
• Immediate Access to Transit – Just a 3-minute walk to Rialto Metrolink Station (San Bernardino Line) providing direct regional connectivity.
• Attractive Basis vs. Replacement Cost – Offered at $216/SF, significantly below new construction costs estimated at $300–$400/SF in Southern California.
• Fully Leased at Below Replacement Cost—Ideal for Covered Land Play – 100% occupancy with short-term leases generates steady cash flow, creating a low-risk hold while securing permits and approvals for future redevelopment.

Location