Property summary
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
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Car Rental Facility
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Insurance Agency
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Physician
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Employment Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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