Property profile

6200 Van Buren Blvd Riverside, CA 92503

OFF-MARKET
Lifestyle centers
0.43 ac lot
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Property summary

AI-generated overview

This exceptional fee-simple retail property, located at 6200 Van Buren Boulevard in Riverside, California (92503), presents a compelling investment opportunity. The 5,005 square foot shopping center sits on a 0.43-acre lot and boasts a 100% occupancy rate with three tenants. The property features a single, one-story building housing Enterprise Rent-A-Car and Veronica's Insurance, both national tenants providing a corporate guarantee. The absolute NNN lease structure minimizes landlord responsibilities. The property generates a strong net operating income (NOI) of $212,468, resulting in an attractive 6.25% capitalization rate. Situated on a highly trafficked intersection (over 87,000 cars per day), this location benefits from excellent visibility and accessibility. The property's location within an Opportunity Zone may offer additional tax incentives. This is a rare opportunity to acquire a well-performing, multi-tenant retail center in a densely populated area of Riverside County. The property is offered at an asking price of $3,400,000.

Property profile

Verified
Property type Lifestyle centers
Lot 0.43 ac (18,731 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
  • Medical Clinic
  • Car Rental Facility
  • Insurance Agency
  • Physician
  • Employment Agency

Location

6200 Van Buren Blvd Riverside, CA 92503
Riverside metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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