2050 Alessandro blvd - Fast Food FOR SALE
Riverside, CA 92508 |
$2,900,000 USD
844-585-7673
2050 Alessandro blvd
Riverside, CA 92508
HIGHLIGHTS
- Single-Tenant Corporate Starbucks Drive-Thru (NASDAQ: SBUX; S&P: BBB+): Brand new 10-year lease, 10% rental increases every 5 years
- Located at the Signalized Intersection of East Alessandro Boulevard and San Gorgonio Drive (51,400 CPD)
- Convenient Access to Interstate 215 (162,000+ CPD)
- Affluent Trade Area W Large Daytime Pop: Over 240,500 ppl in a 5-mile radius with an AHHI exceeding $111,000 in the surrounding 3 miles
- High-Growth, Inland Empire Location: 88.61% growth within 3 miles from 2010-2020
FOR SALE DETAILS
PRICE
$2,900,000 USD
PRICE/SF
$3,125 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Starbucks | Riverside, CA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.96 AC
LAND SF
41,818 SF
ZONING
-
APN/PARCEL ID
263-250-069
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844-585-7673
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844-585-7673
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