7460 Mission Grove Pky - Fast Food FOR SALE


Riverside, CA 92508- Mission Grove
$2,825,000 USD
909-800-6004
7460 Mission Grove Pky, Riverside, CA for Sale
$2,825,000 USD
Fast Food - FOR SALE
1/2
null | Request Cap Rate

7460 Mission Grove Pky
Riverside, CA 92508
Mission Grove


HIGHLIGHTS

  • Single-tenant Wienerschnitzel drive-thru in Riverside
  • Absolute NNN lease with zero landlord responsibility
  • Approximately nine years remaining on lease term
  • Located in affluent Mission Grove community
  • Strong demographics and high-traffic corridor

OVERVIEW

This single-tenant retail investment offers a prime opportunity in the affluent Mission Grove area of Riverside. The property is a free-standing Wienerschnitzel drive-thru QSR, strategically positioned on Mission Grove Parkway, a high-traffic corridor serving a growing residential and commercial community. Built in 2004, the building spans 1,840 SF on a 0.64-acre parcel, providing excellent visibility and accessibility. The asset features an absolute NNN lease with approximately nine years remaining, ensuring predictable cash flow and zero landlord responsibilities. Scheduled rent increases further enhance long-term returns. The surrounding demographics are strong, with high household incomes and steady population growth, making this location ideal for sustained tenant performance. Investors will appreciate the stability of a nationally recognized brand and the simplicity of fee simple ownership. This property is well-suited for buyers seeking a passive income stream with minimal management obligations in a thriving Southern California market.

FOR SALE DETAILS

PRICE

$2,825,000 USD

PRICE/SF

$1,535 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

CROSS STREETS

E. Alessandro Blvd.

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

CR

APN/PARCEL ID

276-370-020

ASK ABOUT THIS PROPERTY

Frank VoraLee & AssociatesMore Info
909-800-6004

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Frank VoraLee & AssociatesMore Info
909-800-6004

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