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Market Broiler / Next To Trader Joe's/Vons 3525 Merrill Ave 5 666 pi² Commerce de détail Immeuble Riverside, CA 92506 5 548 587 $ CAD (979,28 $ CAD/pi²) 5,50% Taux de capitalisation
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- LONG SITE OPERATING HISTORY - 30+ Years At Location. 4.7+ Years Remaining. 15% Rent Increase Each Renewal Option
- RIVERSIDE PLAZA ACROSS THE STREETS - 8.2 Million Customer Visits Yearly. Top 2% Of All Shopping Centers CA
- RIVERSIDE – 12TH LARGEST CITY IN CALIFORNIA - $34 Billion Regional Economy. $500 Million 91 & 215 Freeway Ongoing Expansion
- SURROUNDED BY 1+ MILLION SQ FT OF RETAIL - 110+ Regional & National Retailers Within 1-Mile Radius
- HIGHLY AFFLUENT MARKET - $115K Average Household Income. 3-Mile Population Of 117,500
RÉSUMÉ DE L'ANNONCE
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.
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.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Condition de vente
1031 Échange
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
5 666 pi²
Classe d’immeuble
B
Année de construction
1965
Prix
5 548 587 $ CAD
Prix par pi²
979,28 $ CAD
Taux de capitalisation
5,50%
Revenu net d’exploitation
305 172 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,13
Taille du lot
1,03 AC
PRINCIPAUX LOCATAIRES
- LOCATAIRE
- SECTEUR
- pi² OCCUPÉ
- LOYER/pi²
- TYPE DE BAIL
- FIN DU BAIL
-
- Hébergement et services alimentaires
- -
- -
- Loyer hypernet
- -
Market Broiler rose from the tradition of California seafood landmarks dating back to the 1950's. It's a casual, comfortable, moderately-priced, full-service, restaurant where fresh fish and seafood are prepared by award winning chefs. The key to its presentation is the fresh fish market, where all fish being served is on display. In addition to 18 unique fish offering daily, entrees of fresh chicken or aged beef as well as signature salads and pasta are offered. The food is flavorful and portions are generous. Their popular sourdough bread is served warm at your table as a part of the meal.
| LOCATAIRE | SECTEUR | pi² OCCUPÉ | LOYER/pi² | TYPE DE BAIL | FIN DU BAIL | |
|
|
Hébergement et services alimentaires | - | - | Loyer hypernet | - |
Walk Score®
Très pratique à pied (82)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 308 146 $ CAD | |
| Évaluation du terrain | 685 274 $ CAD | Évaluation totale | 993 420 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
685 274 $ CAD
Évaluation des bâtiments
308 146 $ CAD
Évaluation totale
993 420 $ CAD
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Market Broiler / Next To Trader Joe's/Vons | 3525 Merrill Ave
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