For Sale
$2,850,000
7460 Mission Grove Pkwy Riverside, CA 92508
NNN Lease, Drive-Thru, High-Traffic Location
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- Less than 12 years remaining on the lease.
- NNN lease with 10% overage rent and 10% base rent increases every 5 years; lease personally guaranteed by the Wienerschnitzel franchisee, an established brand with over 300 locations.
- Fee simple ownership with zero landlord responsibilities; tenant pays all property expenses.
- Excellent location at Alessandro Blvd and Mission Grove Parkway (40,000 and 16,000 CPD respectively), with drive-thru and I-215 access (124,000 CPD).
- Located in a ±70-acre master-planned center, adjacent to Sprouts and LA Fitness, with other national tenants nearby.
- Strong demographics: 212,200+ people within a 5-mile radius, average household income $95,945, and 47,000+ daytime employees within 3 miles.
Property Details for 7460 Mission Grove Pkwy
- Property type
- Retail properties, Freestanding property
- Square Feet
- 1,840 SF
- Year Built
- 2004
- Lot Size (sq. ft)
- 27,878 SF
Location Insight
- City
- Riverside
- County
- Riverside
- State
- California
- Latitude
- 33.9150387
- Longitude
- -117.3242605
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - NNN Lease, Drive-Thru, High-Traffic Location
- Where is the retail property located?
- The property is located at 7460 Mission Grove Pkwy Riverside, CA.
- What is the asking price?
- The asking price for this property is $2,850,000.
- What are key features of this property?
- This property features: Less than 12 years remaining on the lease.; NNN lease with 10% overage rent and 10% base rent increases every 5 years; lease personally guaranteed by the Wienerschnitzel franchisee, an established brand with over 300 locations.; Fee simple ownership with zero landlord responsibilities; tenant pays all property expenses.
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