Market Broiler / Next To Trader Joe's/Vons 3525 Merrill Ave 5,666 SF Retail Building Riverside, CA 92506 $5,572,259 CAD ($983.46 CAD/SF) 5.50% Cap Rate

TOUCHSTONE COMMERCIAL PARTNERS is pleased to present a premier investment opportunity: a single-tenant Market Broiler restaurant in Riverside, California and the adjacent parking lot. The property sits directly across from Riverside Plaza— one of the busiest shopping centers in Southern California, with 475,000 SF, 60+ retailers drawing 8.5 million visits a year. The anchored tenants include Vons Supermarket, Regal Cinemas, and Trader Joe’s (Please refer to OM for a 360° aerial of the property).
Market Broiler is a Southern California original known for fresh fish and chef-inspired seafood. The brand operates seven locations and has served this address for more than three decades. The tenant recently extended the NNN lease through May 2030 and holds 3 additional five-year renewal options, each with a 15% rent increase.
Riverside anchors Southern California’s Inland Empire—one of the fastest-growing major metros in the U.S, with a $34 billion regional economy. The city benefits from diversified economic drivers in advanced manufacturing, logistics and distribution, healthcare, education, and emerging tech. Some of the key ongoing capital projects include a $100 million expansion of the School of Medicine at UC Riverside and a $ 500 million expansion of the 91 & 215 Freeways and the Riverside Renaissance Infrastructure Project.