Property profile

6390 Van Buren Blvd Riverside, CA 92503

OFF-MARKET
Lifestyle centers
6,000 SF 0.92 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail investment property in Riverside, CA, presents a compelling opportunity for discerning investors. Located at 6390 Van Buren Boulevard, this single-story, 6,000 square foot shopping center sits on a 0.92-acre lot and boasts 100% occupancy with three national tenants: Starbucks, Verizon Wireless (operated by a 68-store dealer), and Waba Grill. The property benefits from a highly visible corner location on a signalized intersection with over 87,000 cars passing daily, situated within a grocery-anchored plaza. The investment features a fee-simple ownership structure with a triple-net (NNN) lease, ensuring minimal landlord responsibilities. The current asking price is $4,800,000, representing a 5.25% capitalization rate and a strong NOI of $252,015. Tenants are on long-term leases, providing stability and predictable cash flow. Waba Grill reports $20.9 million in annual revenue, while Starbucks boasts $116 billion. The Verizon Wireless dealer operates 68 stores. This property offers a rare combination of high-credit tenants, exceptional location, and strong financial performance, making it an ideal addition to any diversified portfolio. The property's prime location and high visibility ensure consistent foot traffic and strong tenant performance. This is a turnkey investment opportunity with significant upside potential.

Property profile

Verified
Property type Lifestyle centers
Total area 6,000 SF
Lot 0.92 ac (40,075 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Mobile Phone Store Electronics & Wireless Store
  • Cafe & Coffee Shop

Location

6390 Van Buren Blvd Riverside, CA 92503
Riverside metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6390 Van Buren Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message