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7460 Mission Grove Pkwy Riverside, CA 92508

Sponsored
For Sale
$2,850,000

NNN Lease, Drive-Thru, High-Traffic Location

Property size:
1,840 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a fee-simple interest (land and building) in a thriving Wienerschnitzel quick-service restaurant (QSR) located in Riverside, CA. The 1,840 square foot, drive-thru equipped property sits on a 0.64-acre lot at the southeast corner of Alessandro Boulevard and Mission Grove Parkway, benefiting from high daily traffic counts (Alessandro Blvd: 40,000 CPD

Property Features for 7460 Mission Grove Pkwy

General Information

Property type
Restaurants
Square Feet
1,840 SF
Lot Size
27,878 SF

Building Details

Year Built
2004

HighLights

  • Less than 12 years remaining on the lease.
  • NNN lease with 10% overage rent and 10% base rent increases every 5 years; lease personally guaranteed by the Wienerschnitzel franchisee, an established brand with over 300 locations.
  • Fee simple ownership with zero landlord responsibilities; tenant pays all property expenses.
  • Excellent location at Alessandro Blvd and Mission Grove Parkway (40,000 and 16,000 CPD respectively), with drive‑thru and I‑215 access (124,000 CPD).
  • Located in a ±70‑acre master‑planned center, adjacent to Sprouts and LA Fitness, with other national tenants nearby.
  • Strong demographics: 212,200+ people within a 5‑mile radius, average household income $95,945, and 47,000+ daytime employees within 3 miles.
Property Profile Location Intelligence

Current Use by Public Records

Wienerschnitzel Fast Food Restaurant

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Riverside
County
Riverside
State
California
Longitude
-117.3242605
Latitude
33.9150387

FAQs

What type of property is this?
Restaurant - NNN Lease, Drive-Thru, High-Traffic Location
Where is this restaurant located?
The property is located at 7460 Mission Grove Pkwy Riverside, CA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Less than 12 years remaining on the lease.; NNN lease with 10% overage rent and 10% base rent increases every 5 years; lease personally guaranteed by the Wienerschnitzel franchisee, an established brand with over 300 locations.; Fee simple ownership with zero landlord responsibilities; tenant pays all property expenses.
More about this property
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