www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28067270

1889 University Ave, Riverside, CA 92507

YT
02019315
Lifetime Realty & Investments
Listed by Lifetime Realty & Investments
$110,000
211 days on market
Updated 108 days ago
Opportunity zone

Boba and Resturant

Details
Property Type Business for Sale, Retail
Sub Type Convenience Store, QSR/Fast Food (+1)
Square Footage 1,400
Net Rentable (SqFt) 1,400
Units 1
Cap Rate 2.73%
NOI $3,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 05/08/2028
Remaining Term 1.9
Year Built 2023
Year Renovated 2025
Buildings 1
Stories 1
Investment Type Owner/User
Tenant Credit Franchisee
Lease Commencement 05/08/2023
Occupancy Date 05/08/2023
Ownership LLC
Sale Condition For sale by owner

Business for Sale | 2.73% CAP | 1,400 SqFt

Marketing description

An established and well-known bubble tea and café located near the University of California, Riverside (UCR) is now available for acquisition. Recently renovated with a modern, inviting interior, this business has become a favorite destination among students, locals, and visitors alike.

The shop features a diverse and profitable menu that includes specialty milk teas, fruit teas, coffee, and an expanded selection of food offerings such as dim sum, buns, pho, and popular snack items. The variety appeals to a wide customer base and creates multiple revenue streams throughout the day — from morning coffee runs to late-night boba cravings.

With its prime high-traffic location near a major university and strong local following, this business offers significant growth potential for a new owner. The recent renovation means minimal upfront investment is needed — simply step in and continue operations.

Listing Contacts

YT
02019315
Lifetime Realty & Investments
Listed by Lifetime Realty & Investments

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$3,000.00
$250.00/mo

Valuation Metrics

0
DSCR
2.73%
Cap Rate
2.73%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591