2050 E Alessandro Blvd | Riverside, CA 92508
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- LoopNet Team
2050 E Alessandro Blvd
Riverside, CA 92508
Starbucks | Riverside, CA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Single-Tenant Corporate Starbucks Drive-Thru (NASDAQ: SBUX; S&P: BBB+): Brand new 10-year lease, 10% rental increases every 5 years
- Convenient Access to Interstate 215 (162,000+ CPD)
- High-Growth, Inland Empire Location: 88.61% growth within 3 miles from 2010-2020
- Located at the Signalized Intersection of East Alessandro Boulevard and San Gorgonio Drive (51,400 CPD)
- Affluent Trade Area W Large Daytime Pop: Over 240,500 ppl in a 5-mile radius with an AHHI exceeding $111,000 in the surrounding 3 miles
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
928 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.96 AC
Zoning
BMP - Commercial
Parking
30 Spaces (32.33 Spaces per 1,000 SF Leased)
Frontage
315’ on East Alessandro Boulevard
AMENITIES
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 263-250-069 | Improvements Assessment | $889,000 |
| Land Assessment | $390,783 | Total Assessment | $1,279,783 |
PROPERTY TAXES
Parcel Number
263-250-069
Land Assessment
$390,783
Improvements Assessment
$889,000
Total Assessment
$1,279,783
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