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Wendy's | New 20yr NNN | QSR DriveThru 6320 Mission Blvd 2,600 SF Retail Building Riverside, CA 92509 $5,223,136 CAD ($2,008.90 CAD/SF) 4.75% Cap Rate
INVESTMENT HIGHLIGHTS
- New 20 Year Lease | New Mission Village Center Development
- Signalized, Hard Corner Intersection (33,400 VPD) | Accessible via State Hwy 60 (173,000 VPD) | Retail Corridor
- NNN | Fee Simple Ownership | Minimal Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area |Residential Development
EXECUTIVE SUMMARY
• The tenant recently signed a new 20 year lease with 2 (5-year) and 1 (4-year and 11-months) option to extend, demonstrating commitment to the site
• The tenant, and its affiliates, currently operate 45 Wendy’s and 33 Del Taco locations situated throughout Southern California and Florida
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option, providing a hedge against inflation
• The subject property will benefit tremendously from its position as an outparcel to the new Mission Village Shopping Center development, which is anchored by Planet Fitness and Grocery Outlet and will feature other national tenants including Starbucks, Quick Quack Car Wash, Dollar Tree, and more
• The center development will also feature Tesla Charging Stations and a Bank of America ATM, providing further consumer-friendly amenities
• Wendy’s is anticipated to open in February
• The tenant, and its affiliates, currently operate 45 Wendy’s and 33 Del Taco locations situated throughout Southern California and Florida
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option, providing a hedge against inflation
• The subject property will benefit tremendously from its position as an outparcel to the new Mission Village Shopping Center development, which is anchored by Planet Fitness and Grocery Outlet and will feature other national tenants including Starbucks, Quick Quack Car Wash, Dollar Tree, and more
• The center development will also feature Tesla Charging Stations and a Bank of America ATM, providing further consumer-friendly amenities
• Wendy’s is anticipated to open in February
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,600 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$5,223,136 CAD
Price Per SF
$2,008.90 CAD
Cap Rate
4.75%
NOI
$248,130 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.80 AC
Zoning
C1/CP - Commercial
AMENITIES
- Restaurant
- Signage
- Drive Thru
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
| Space | Size | Space Use | Position | Available |
| End Cap | 2,937 SF | Retail | End Cap | 30 Days |
End Cap
| Size |
| 2,937 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| 30 Days |
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
End Cap
| Size | 2,937 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | 30 Days |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,420,559 CAD | |
| Land Assessment | $3,376,238 CAD | Total Assessment | $5,796,797 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,376,238 CAD
Improvements Assessment
$2,420,559 CAD
Total Assessment
$5,796,797 CAD
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Company Not Provided
Wendy's | New 20yr NNN | QSR DriveThru | 6320 Mission Blvd
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