Search Results for 

3530 Madison Street - Denny's, Riverside, CA

Welcome to SHOWCASE.COM, the Web's most comprehensive source of commercial property data, where you can search from 900,000 listings nationwide. To see more Commercial Real Estate listings, Office Space, Industrial Space, Retail Space, Commercial Land, Multi-Family or other commercial property types, just click the button to the right.
DetailMap
3530 Madison Street - Denny's

NWC of Madison St. & Garden St.
Riverside, CA 92504-3717 - Riverside Submarket


Property Type:Retail Sub Type:Restaurant Status:Existing Year Built:-
Building Size:3,700 SF Land Area:.21 AC (9,004 SF)
For Sale Price:$3,670,000 Price/SF:$991.89
Cap Rate:4.50 %
Parking:Free Surface spaces are available; Ratio of 6.91/1,000 SF
Features:Bus Line, Freeway Visibility, Signage, Signalized Intersection



Sale Notes:
Faris Lee Investments is pleased to offer for sale the land & building (fee simple) interest in a freestanding, single tenant, absolute NNN-leased, recently renovated Denny' s Restaurant, located in Riverside, CA. Denny' s has just renewed for 20 years and the lease features 10% rental increases at the beginning of each 5 Year period throughout the lease term. Part of re-development with planned 24 Hour Fitness & Starbucks.
The subject property is ideally located on a free standing pad within the Madison Plaza redevelopment project anchored by 24 Hour Fitness & a proposed Starbucks at the signalized, hard corner intersection of Madison Street and Garden Street (23,949 combined vehicles per day). Additionally, the subject property is strategically located just off of the Riverside 91 Freeway (172,000 vehicles perday) with direct access via Madison Street. Madison Street is a major corridor serving numerous major retailers and other traffic generators in the immediate trade area creating strong tenant synergy and crossover traffic. The subject property is located within close proximity to Arlington Square, featuring national tenants such as Smart N Final, Ross Dress for Less, Dollar Tree, Big Lots & Chase Bank. Cal Baptist University with 8,541 students is located 1 mile away creating strong consumer demand in the immediate trade area. There are more than 285,700 permanent residents with an average household income higher than $73,800 within 5-miles of the subject property. Additionally, the trade area is supported by more than 103,600 daytime employees within a 5-mile radius.

Faris Lee Investments
Jeff Conover
(949) 221-1810

Chris DePierro
(949) 221-1824




Share this listing

Copy and paste this HTML into your blog or web page:
<a href="http://www.showcase.com/property/3530-Madison-Street/Riverside/California/5473325" target="_blank">3530 Madison Street - Denny's, Riverside, CA - Commercial property</a>

Send Email
From:
To:
Subject:
Add a personalized message: (Optional)
Copyright © 1997-2016 CoStar Realty Information, Inc. All rights reserved.  |  About SHOWCASE.COM |  Advertise |  Site Map |  800-216-3234