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31657509
31657508

2 Locations

AV
CA 01982366
Touchstone Commercial Partners
Listed by Touchstone Commercial Partners
$6,337,000
68 days on market
Updated 67 days ago

Marie Callender's & Market Broiler Riverside CA

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 11,613
Cap Rate 6.28%
NOI $397,963
Occupancy 100%
Tenancy Multi
Lease Expiration 06/30/2030
Remaining Term 4
Rent Bumps Yes
Lease Options 1 & 3 Of 5-Year Renewal Options
Year Built 1965
Acreage 1.510
Investment Type Net Lease
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange

Retail Neighbors: Trader Joe's / Vons Supermarket / Regal Cinema

Marketing description

TOUCHSTONE COMMERCIAL PARTNERS is pleased to present a premier investment opportunity consisting of Marie Callender’s, Market Broiler, and the adjacent parking lot on a 1.5+ acre parcel in Riverside, California. Both restaurants have operated successfully at this location for more than 35 years, demonstrating the site’s long-term viability and strong consumer draw. Each tenant operates under NNN leases with four years remaining term. The property sits directly across from Riverside Plaza— one of the busiest shopping centers in Southern California, with 475,000 SF, 60+ retailers drawing 8.5 million visits a year. The anchored tenants include Vons Supermarket, Regal Cinemas, and Trader Joe’s (Please refer to OM for a 360° aerial of the property).


Marie Callender’s is an iconic West Coast casual dining and bakery brand, now part of Elite Restaurant Group, with 27 locations across the western United States. Market Broiler is a well-established Southern California seafood concept with seven locations. A central feature is the market-style counter in the lobby, where award-winning chefs prepare seafood selections to order.


Riverside anchors Southern California’s Inland Empire—one of the fastest-growing major metros in the U.S, with a $34 billion regional economy. The city benefits from diversified economic drivers in advanced manufacturing, logistics and distribution, healthcare, education, and emerging tech. Some of the key ongoing capital projects include a $100 million expansion of the School of Medicine at UC Riverside and a $ 500 million expansion of the 91 & 215 Freeways and the Riverside Renaissance Infrastructure Project.


Investment highlights

  • LONG SITE OPERATING HISTORY- 30+ Years At Location. 4+ Years Remaining. Rent Increase Each Renewal Option
  • SURROUNDED BY 1+ MILLION SQ FT OF RETAIL - 110+ Regional & National Retailers Within 1-Mile Radius
  • RIVERSIDE PLAZA ACROSS THE STREETS - 8.2 Million Customer Visits Yearly. Top 2% Of All Shopping Centers CA
  • HIGHLY AFFLUENT MARKET - $115K Average Household Income. 3-Mile Population Of 117,500
  • RIVERSIDE – 12TH LARGEST CITY IN CALIFORNIA - $34 Billion Regional Economy. $500 Million 91 & 215 Freeway Ongoing Expansion

Listing Contacts

AV
CA 01982366
Touchstone Commercial Partners
Listed by Touchstone Commercial Partners

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$397,963.00
$33,163.58/mo

Valuation Metrics

0
DSCR
6.28%
Cap Rate
6.28%
ROI

Map

Zoning

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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Andrew Vu
License
01982366
Brokerage Phone
415-539-1120
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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