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Tastea Specialty Beverage Business
For Sale
$175,000

11130 Magnolia Avenue #C, Riverside, CA 92505

An operating boba tea franchise with store equipment and infrastructure in Westgate Plaza.

Property SizeContact for details
Days on Market20

Property Features for 11130 Magnolia Avenue #C

General Information

Standard status Active
Property subtype Business Opportunity

Site & Location

Neighborhood La Sierra South
Highway Access Yes

Additional Details

Business Included Yes
Equipment Included Yes
Currently Operating Yes
Listing Agency: Coldwell Banker Top Team
Listed By: Silvia Alvarran · License #01262427
Source: Landcorerealty
Added: Oct 6 Changed: Oct 24 Last Checked: Oct 24 at 3:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Top Team

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Tastea is an operating specialty beverage business in Westgate Plaza at Magnolia Avenue and La Sierra Avenue in Riverside. The menu includes fruit teas, milk teas, smoothies, specialty drinks, and savory snacks. Store equipment and infrastructure are part of the existing operation, which has been under the same ownership for eight years. A transfer is subject to franchise, landlord, and other applicable approvals.

The site is minutes from the 91 Freeway and near Kaiser Permanente Riverside Medical Center, Galleria at Tyler, and La Sierra University. The surrounding area includes residential neighborhoods, retail businesses, restaurants, medical facilities, and educational institutions.

Key Highlights

  • Tastea boba tea business with eight years under the same ownership
  • Menu includes fruit teas, milk teas, smoothies, specialty drinks, and savory snacks
  • Existing store operation includes equipment and infrastructure

Property Analytics

Current Use

Tastea Riverside Cafe & Coffee Shop Sun Shy Airbrush ... Hair Salon Irish Cleaners (Bike/Boat/Book/etc) Store MARK A THOMAS MINISTRIES Church Gregory Conrad, D.C. Alternative Medicine Practice

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Storage Facility Parking Lot & Garage Kitchen & Bath Showroom Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,950
Businesses Nearby
463k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 51% Groceries 29% Shops & Services 16% Home Improvements & Furnishings 3%
Raising Cane's Chicken Fingers Dining
60,336 visits/mo 0.2 miles
Ralphs Groceries
52,502 visits/mo 0.5 miles
Stater Bros. Markets Groceries
43,627 visits/mo 0.3 miles
Cardenas Market Groceries
37,501 visits/mo 0.3 miles
McDonald's Dining
33,827 visits/mo 0.2 miles

Demographics for 92505, CA

50,919
Population
15,324
Households
3.3
Avg Household Size
34
Median Age
20%
College-Educated
79%
High-School Grad
10.2 sq mi
ZIP Area
4,992
Density / Sq Mi
$84,528
Median Household Income
$40,575
Median Earnings
$1,936
Median Rent
$520,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • Starbucks — 3350 La Sierra Ave, Riverside, CA 92503
  • FENG CHA Riverside — 3430 La Sierra Ave # A, Riverside, CA 92503
  • Starbucks — 3312 La Sierra Ave, Riverside, CA 92503
  • Tastea Riverside — 11130 Magnolia Ave Unit C, Riverside, CA 92505
  • Sharetea Riverside — 10920 Magnolia Ave STE 103, Riverside, CA 92505

Frequently Asked Questions

What type of property is this?
Coffee shop - An operating boba tea franchise with store equipment and infrastructure in Westgate Plaza.
Where is this coffee shop located?
The property is located at 11130 Magnolia Avenue #C Riverside, CA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Tastea boba tea business with eight years under the same ownership; Menu includes fruit teas, milk teas, smoothies, specialty drinks, and savory snacks; Existing store operation includes equipment and infrastructure
More about this property
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