6200 Van Buren BlvdRiverside, CA 92503

Property Details for 6200 Van Buren Blvd

Lot size

0.43 AC

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional fee-simple retail property, located at 6200 Van Buren Boulevard in Riverside, California (92503), presents a compelling investment opportunity. The 5,005 square foot shopping center sits on a 0.43-acre lot and boasts a 100% occupancy rate with three tenants. The property features a single, one-story building housing Enterprise Rent-A-Car and Veronica's Insurance, both national tenants providing a corporate guarantee. The absolute NNN lease structure minimizes landlord responsibilities. The property generates a strong net operating income (NOI) of $212,468, resulting in an attractive 6.25% capitalization rate. Situated on a highly trafficked intersection (over 87,000 cars per day), this location benefits from excellent visibility and accessibility. The property's location within an Opportunity Zone may offer additional tax incentives. This is a rare opportunity to acquire a well-performing, multi-tenant retail center in a densely populated area of Riverside County. The property is offered at an asking price of $3,400,000.

Location Insight

City

Riverside

County

Riverside

State

California

Latitude

33.9442

Longitude

-117.454

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].