Contacts

Greg Bedell, CCIM

Progressive Real Estate Partners

Property Details

Property Type Retail - Street Retail
Property Size 2,400 SF
Lot Size 0.18 Acre
Year Built 1983
Date Updated May 20, 2025

.Progressive Real Estate Partners is pleased to present an Absolute NNN Dutch Bros Ground Lease and an adjacent four-unit multi-tenant building, Magnolia Commons, located along Riverside’s heavily trafficked Magnolia Avenue. Dutch Bros operates under a corporate-guaranteed lease (NYSE: BROS) with a brand-new 15-year initial term, three 5-year options, and 10% rent increases every 5 years. Magnolia Commons includes four service-oriented tenants— anchored by The Beast Training Facility— with most leases featuring 3% annual increases, low/replaceable rents, and a recently renovated exterior with prominent visibility. The combined offering provides a blend of passive income and built-in rent growth from both national and local tenants. The properties are supported by major traffic drivers including Kaiser Permanente Riverside (2,000+ employees), Parkview Hospital (1,000 employees), California Baptist University (11,900+ students), and the Galleria at Tyler (8.8M+ annual visitors).

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Getting around

88/100
Walk Score ®
40/100
Transit Score ®
66/100
Bike Score ®

City Riverside, CA
Neighborhood Arlington
Zip Code 92503
Market Inland Empire

Points of Interest

Pedley

4.43 miles
Corona–North Main

7.09 miles
Riverside–Hunter Park/UCR

8.53 miles
Moreno Valley/March Field

9.18 miles

MG

0.24 miles
Arco

0.36 miles
Chevron

0.40 miles
USA Gasoline

0.54 miles
Food 4 Less Gas

0.58 miles
Sinclair

0.89 miles
Speedway

0.98 miles
7-Eleven

0.99 miles
eVgo

1.67 miles
Riverside Supercharger

5.98 miles

Public Parking

0.06 miles
Parking Terrace B-1

0.71 miles
Galleria Park And Ride

0.78 miles
GALERIA

0.79 miles
Parking Terrace A

0.87 miles
Valet Parking Lot

0.90 miles
Lot 25

1.12 miles
Lot 15

1.19 miles
Lot 23

1.19 miles

Wienerschnitzel

0.04 miles
Brandon's Diner

0.06 miles
Joe's Sushi

0.07 miles
Tony's Mexican Grill

0.09 miles
Sonic

0.12 miles
Birrieria Xolos

0.12 miles
Pizza Hut

0.14 miles
Olivia's Mexican Resturant

0.20 miles
Ramiro's Cocina Mexicana

0.23 miles
Royal Orchid

0.25 miles

Stater Bros.

0.48 miles
Goody's

0.60 miles
Food 4 Less

0.66 miles
JCPenney

0.77 miles
Ross

0.84 miles
Macy's

0.86 miles
Albertsons

0.92 miles
Smart & Final

0.98 miles
ALDI

0.99 miles
Burlington

0.99 miles

In-Depth Research Available for this Property

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Contact Listing Broker

Greg Bedell, CCIM

Progressive Real Estate Partners