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2050 Alessandro blvd
Riverside, CA 92508

$2,900,000 USD

Fast Food For Sale  •  928 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 928 SF
  • Lot Size 0.96 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 5.00 %
  • Tenancy Single
0 Transit Score
19 Walk Score

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

Property Flyers

Cap Rate: 5.00 %

Amenities

  • Signage
  • Signalized Intersection
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Moreno Valley/March Field (Metrolink 91-Perris Valley Line - Metrolink Trains) 2 min 11 min 0.6 mi
Riverside-Downtown (91 Line - Southern California Regional Rail Authority (Metrolink), Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink)) 13 min - 8.4 mi
AirportDriveWalkDistance
Ontario International 32 min - 24.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Eric Wohl 844-585-7673 Hanley Investment Group
Eric Wohl 844-585-7673 Hanley Investment Group