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3820 Mulberry St
Riverside, CA 92507
Applebee's Restaurant · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The site is operated by Flynn Restaurant Group, the nation’s largest franchisee with over 2,700 locations, 75,000+ employees.
- Applebee’s has successfully operated at this location since 2003 and recently demonstrated long-term commitment with a new 5-year lease extension.
- Strategically positioned in a densely populated trade area with over 240,000 residents within a 5-mile radius.
- Absolute NNN lease structure with zero landlord responsibilities, offering stable, hands-off income.
- Tenant provides unit-level sales reporting, giving ownership valuable insight into store performance and supporting investment confidence.
EXECUTIVE SUMMARY
David Harrington
License No. 02168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245
License No. 02168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,430 SF
Building Class
B
Year Built
1994
Price
$4,342,379
Price Per SF
$799.70
Cap Rate
7.25%
NOI
$314,822
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.11 AC
Opportunity Zone
Yes
Zoning
C1 - General Commercial
Parking
40 Spaces (9.29 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Commuter Rail
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 213-321-007 | Improvements Assessment | $1,707,804 |
| Land Assessment | $1,238,888 | Total Assessment | $2,946,692 |
PROPERTY TAXES
Parcel Number
213-321-007
Land Assessment
$1,238,888
Improvements Assessment
$1,707,804
Total Assessment
$2,946,692
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MATTERPORT 3D EXTERIOR
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STREET
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