11095 Magnolia Ave - Fast Food FOR SALE


Riverside, CA 92505- La Sierra
$4,454,545 USD
858-822-9811
11095 Magnolia Ave, Riverside, CA for Sale
$4,454,545 USD
Fast Food - FOR SALE
1/11
null | 5.5% Cap Rate

11095 Magnolia Ave
Riverside, CA 92505
La Sierra


HIGHLIGHTS

  • 0.7 Acres with Ample Parking and Drive-Thru
  • Brand New Construction, Tenant Opened March 2025
  • New 15 Year Absolute NNN Ground Lease with 10% Increases Every 5 Years and Four Renewal Options
  • Excellent Visibility, Access, and Frontage in a Strong Retail Corridor
  • Affluent Demographics with a Population of 132,900+ and Avg HHI of $96,900+ in 3 Mile Radius
  • Dominant Infill Location just off CA-91

OVERVIEW

This brand new 15 Year Absolute NNN Ground Lease Pollo Campero asset opened March 2025. The subject property is ideally situated at a hard corner traffic light intersection of Magnolia Ave and La Sierra Ave with 59,262 combined VPD. The newly constructed site is strategically placed in a dense residential area within a 1 mile radius and has immediate access to CA-91, a state freeway with 215,000 VPD. Pollo Campero is nearby several shopping centers in a strong retail corridor and directly across from La Sierra Plaza, a 72,780 SF shopping center with national and local retailers. The site is less than 0.5 miles from Kaiser Permanente Riverside Medical Center and less than 1 mile from Galleria at Tyler, a 1.1MM+ SF shopping mall with 180+ retailers and over 4.3MM annual visits, per Placer.ai. There are several hotels in the area with nearly 590 rooms combined in a 2 mile radius. The subject property has affluent demographics with a population of 132,900+ and avg HHI of $96,900+ in a 3 mile radius. The lease offers with four renewal options and 10% rent increases every 5 years. Watch Property Video: https://vimeo.com/995783858?share=copy

FOR SALE DETAILS

PRICE

$4,454,545 USD

PRICE/SF

$1,803 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pollo Campero

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

C2

APN/PARCEL ID

142-262-006,142-262-012

ASK ABOUT THIS PROPERTY

Ryan GomezCushman & WakefieldMore Info
858-822-9811

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Ryan GomezCushman & WakefieldMore Info
858-822-9811

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.