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Starbucks Multi-Tenant Signalized Corner Pad 6390 Van Buren Blvd

6,000 SF 100% Leased Retail Building Riverside, CA 92503 £3,787,200 (£631/SF) 5.25% Net Initial Yield

Investment Highlights

  • 100% Leased to National High Credit Tenants
  • +87,500 Cars Per Day
  • NNN Leases

Executive Summary

This high credit, multi-tenant pad with significant street frontage on the highly trafficked (+87,000 CPD) intersection in Southern California is located on the corner of a signalized intersection in a grocery-anchored plaza.? The three-tenant investment offers stability through its prime location, high visibility and steady foot traffic.?

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,000 SF
Building Class
C
Year Built
2006
Price
£3,787,200
Price Per SF
£631
Net Initial Yield
5.25%
NOI
£198,840
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.15
Land Acres
0.92 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
CP - Opportunity Zone
Parking
35 Spaces (5.83 Spaces per 1,000 SF Leased)
Frontage
136 ft on Arlington Ave

Amenities

  • Bus Route
  • Dedicated Turn Lane
  • Signalised Intersection
1 of 1
Walk Score ®
Very Walkable (79)
Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 151-151-016 Improvements Assessment £1,314,565
Land Assessment £705,035 Total Assessment £2,019,601

PROPERTY TAXES

Parcel Number
151-151-016
Land Assessment
£705,035
Improvements Assessment
£1,314,565
Total Assessment
£2,019,601
(310) 909-5446

  • Listing ID: 33207983

  • Date on Market: 17/09/2024

  • Last Updated:

  • Address: 6390 Van Buren Blvd, Riverside, CA 92503

The Retail Property at 6390 Van Buren Blvd, Riverside, CA 92503 is currently available For Sale. Contact Marcus & Millichap for more information.

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© 2024 CoStar Group

Starbucks Multi-Tenant Signalized Corner Pad | 6390 Van Buren Blvd
(310) 909-5446 x

Starbucks Multi-Tenant Signalized Corner Pad | 6390 Van Buren Blvd

Vanessa Haddad

(310) 909-5446

(310) 909-5446

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