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3199 Van Buren Blvd
Riverside, CA 92503
Del Taco ABSOLUTE NNN GROUND LEASE INVESTMENT · Land For Sale
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0.64 AC
Executive Summary
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Ground Lease (Leased Fee) | Proposed Use | Fast Food |
| No. Lots | 1 | Total Lot Size | 0.64 AC |
| Property Type | Land |
| Sale Type | Investment |
| Sale Condition | Ground Lease (Leased Fee) |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Fast Food |
| Total Lot Size | 0.64 AC |
1 Lot Available
Lot
| Price | $1,964,506 CAD | Lot Size | 0.64 AC |
| Price Per AC | $3,069,588.08 CAD |
| Price | $1,964,506 CAD |
| Price Per AC | $3,069,588.08 CAD |
| Lot Size | 0.64 AC |
This property is located at 3199 Van Buren Blvd, Riverside, CA, 92503, in the Arlington South neighborhood. Lot size is 27,878 sq ft. Located just off the 91 Freeway at the Van Buren Exit, near the Arlington Business District with a new In-N-Out.
Description
LONG-TERM, ABSOLUTE NNN LEASE INVESTMENT of an 82' x 339' Fully Improved Lot with a Del Taco Restaurant. Located between an In-N-Out and McDonald's as the 2 closest other Fast Food Restaurants. Adjacent to Van Buren Drive-Thru and Swap meet, and across from the Large Luxury Canyon Park Apartment Homes Complex and Lincoln Park Apartment Homes complexes, providing abundant amount of walkable customers. This absolute triple-net (NNN) ground lease, provides investors with zero landlord responsibilities. The Franchisee has operated at this location for 20+ years and recently signed a new lease, solidifying its long-term commitment to this location. BELOW MARKET RENTS The rents for this location can be easily replaced at this location in the event the Tenant ever decides to leave, providing not only long-term stability, but also significant upside in terms of the underlying value of the real estate. The building was fully renovated in 2023, features a dedicated drive-thru, and exists in a dense infill market in Southern California in the city of Riverside, CA
