Absolute NNN Property
For Sale
Contact for pricing
Pending
9590-9624 Magnolia Avenue, Riverside, CA 92503
Includes a corporate-guaranteed coffee ground lease and an adjacent four-unit service-oriented building.
Property SizeContact for details
Days on Market141
Property Features for 9590-9624 Magnolia Avenue
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Anchor Co-Tenants
The Beast Training Facility
Building Details
Tenancy
Multi
Listing Agency:
Progressive Real Estate Partners
(909) 230-4500
Listed By:
Greg Bedell · License #CA 01942970
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 4:15AM
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 Progressive Real Estate Partners
Investment Insights
Based on property information with market context.
This offering combines an Absolute NNN Dutch Bros ground lease with Magnolia Commons, an adjacent four-unit multi-tenant building. The Dutch Bros lease carries a corporate guarantee, a 15-year initial term, three 5-year extension options, and 10% rent increases every 5 years. Magnolia Commons is occupied by four service-oriented tenants, including The Beast Training Facility, and features a recently renovated exterior. Most leases provide 3% annual increases.
The properties are located at 9590-9624 Magnolia Avenue in Riverside, along Magnolia Avenue and near several major employment, education, healthcare, and retail destinations. Nearby traffic drivers include Kaiser Permanente Riverside, with 2,000+ employees; Parkview Hospital, with 1,000 employees; California Baptist University, with 11,900+ students; and the Galleria at Tyler, which reports 8.8M+ annual visitors.
The properties are located at 9590-9624 Magnolia Avenue in Riverside, along Magnolia Avenue and near several major employment, education, healthcare, and retail destinations. Nearby traffic drivers include Kaiser Permanente Riverside, with 2,000+ employees; Parkview Hospital, with 1,000 employees; California Baptist University, with 11,900+ students; and the Galleria at Tyler, which reports 8.8M+ annual visitors.
Key Highlights
- Absolute NNN Dutch Bros ground lease with corporate guarantee
- 15‑year initial term, three 5‑year options, and 10% rent increases every 5 years
- Adjacent Magnolia Commons building contains four service‑oriented tenant spaces
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,455
Businesses Nearby
241k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 28%
Home Improvements & Furnishings 22%
In-N-Out Burger
Dining
60,647 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
53,528 visits/mo
0.3 miles
SONIC Drive In
Dining
26,709 visits/mo
0.2 miles
Panda Express
Dining
11,381 visits/mo
0.3 miles
ARCO
Shops & Services
11,039 visits/mo
0.4 miles
Demographics for 92503, CA
90,011
Population
25,802
Households
3.5
Avg Household Size
35
Median Age
21%
College-Educated
81%
High-School Grad
34.3 sq mi
ZIP Area
2,624
Density / Sq Mi
$91,523
Median Household Income
$42,150
Median Earnings
$1,801
Median Rent
$556,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
NNN property - Includes a corporate-guaranteed coffee ground lease and an adjacent four-unit service-oriented building.
Where is this nnn property located?
The property is located at 9590-9624 Magnolia Avenue Riverside, CA.
What are key features of this property?
This property features: Absolute NNN Dutch Bros ground lease with corporate guarantee; 15‑year initial term, three 5‑year options, and 10% rent increases every 5 years; Adjacent Magnolia Commons building contains four service‑oriented tenant spaces
