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18641 Van Buren Blvd, Riverside, CA 92508
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18641 Van Buren Blvd Riverside, CA 92508

$2,998 Leased Price as of 03/29/2023
  • -- Beds
  • -- Baths
  • 1,428 Sq.Ft.
Leased
$2,998 Leased Price as of 03/29/2023 Refinance Your Mortgage
Map preview of 18641 Van Buren Blvd, Riverside, CA 92508

Property Overview: 18641 Van Buren Blvd Riverside, CA has -- bedrooms, -- bathrooms, 1,428 living square feet and 35,719 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Nice retail space 1428 SF located on busy Van Buren Blvd. In neighborhood retail plaza anchored by Dunkin Donuts. Total 2 buildings and 3 units/ stores. This retail space is currently vacant, it features open space/ floor plan. The space is perfect for retail store, restaurant, medical/ dental office, insurance etc. Lease term to be NNN. Tenant pays additional NNN/ CAM charges.

Listed by Jane Weng | BRE #01075356 | Channel Investment Group
Last checked: 9 minutes ago | Last updated: March 29th, 2023 | Source CRMLS | DOM: 54

Home details

Lot Sq. Ft
35,719
HOA Dues
$0/mo
Year built
2008
Garage
--
Property Type:
Retail
Status
Leased
MLS#
NP23018592
City
Riverside
County
Riverside
Time on Site
457 days

Property Details for 18641 Van Buren Blvd

Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 266040037
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Van Buren North of 91 Fwy.
View more facts & features

Local Riverside Agent

Sale History for 18641 Van Buren Blvd

Last leased for $2,998 on March 29th, 2023

  • March, 2023

  • Mar 29, 2023

    Date

    Leased

    CRMLS: NP23018592

    $2,998

    Price

  • Feb 2, 2023

    Date

    Active

    CRMLS: NP23018592

    $2,998

    Price

  • November, 2019

  • Nov 1, 2019

    Date

    Expired

    CRMLS: TR19068126

    $2,988,000

    Price

  • Apr 4, 2019

    Date

    Active

    CRMLS: TR19068126

    $2,988,000

    Price

  • Listing provided courtesy of CRMLS

    Rarely available newer retail plaza built in 2008. Plaza has 2 standalone retail building. One occupied by Dunkin Donut Restaurant ( 1802 SF) , another building hosts Tobacco Shop ( 1160 SF ) and Van Buren Florist (1428 SF) . Total building SF of 4390 SF on a lot of 35719 SF. The plaza has excellent tenant profile with long term leases in place. Tenants pay total monthly rent $11438 and additional $ 3455 toward NNN expenses. Dunkin Donut has signed 20 yr lease in 2017 with 3 (5) years option. Tobacco Leaf has been in this location since 2008. Exercised its 1st 5-yr option in 2018. Florist on 3 year lease starting Jan. 2018. All leases are NNN leases ( tenants pay for net lease plus property tax, insurance and maintenance) . All tenants are stable and established with sold business experience.

  • June, 2017

  • Jun 13, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2016

  • Apr 20, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,588,000

    Price

  • October, 2013

  • Oct 25, 2013

    Date

    Price Change

    CRMLS: CC330553

    $1,780,000

    Price

  • Listing provided courtesy of CRMLS

    Retail strip center located on busy Van Buren Blvd in the city of Riverside. Center anchored by Wienerschnitzel. Other tenant is Tobacco Leaf Shop. Both were original tenants since center was built. Wienerschnizel signed a new lease on 1/1/2013 for 10 yr. terms with two 5-yr. option. Tobacco leaf was on original lease from 2008 of 10-yr. term + (2) 5-yr. option. One unit of 1440 SF is vacant. Owner will guarantee lease for 1 yr @ $1.50/ SF. Contact listing agent for more details.. Comments Title: NNN Retail Investment Property.

  • October, 2013

  • Oct 25, 2013

    Date

    Price Change

    CRMLS: CC330552

    $1,780,000

    Price

  • Listing provided courtesy of CRMLS

    Retail strip center located on busy Van Buren Blvd in the city of Riverside. Center anchored by Wienerschnitzel. Other tenant is Tobacco Leaf Shop. Both were original tenants since center was built. Wienerschnizel signed a new lease on 1/1/2013 for 10 yr. terms with two 5-yr. option. Tobacco leaf was on original lease from 2008 of 10-yr. term + (2) 5-yr. option. One unit of 1440 SF is vacant. Owner will guarantee lease for 1 yr @ $1.50/ SF. Contact listing agent for more details.. Comments Title: NNN Retail Investment Property.

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Tax History for 18641 Van Buren Blvd

Assessed Value (2020): $1,718,900
Year Land Value Improved Value Assessed Value
2020 $573,688 $1,145,212 $1,718,900

Home Value Compared to the Market

This property vs the competition

18641 Van Buren Blvd has recently been leased in the city of Riverside. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Riverside has a median list price of $695,000. The median price per/sqft for Riverside is $364. With those numbers in mind, if you are looking to purchase a median priced home in Riverside, CA and put 20% down you will need to save up $139,000 for the down payment and will need roughly $13,900 for closing costs on top of the down payment.

About 18641 Van Buren Blvd

Detailed summary of property

18641 Van Buren Blvd is a retail that was recently leased in Riverside, CA 92508. This retail property offered -- bedrooms, -- bathrooms, roughly 1,428 living square feet, and sits on an approximately 35,719 square foot lot. 18641 Van Buren Blvd was first listed on ArdentRealEstateGroup.com on February 2, 2023. The homeowner leased the property for $2,998. While the average home in Riverside, CA is selling in 50 days, 18641 Van Buren Blvd has a days on market of 54 days. There are currently 648 homes for sale in the Riverside real estate market and 608 of them are single family homes while 34 of them are condos and 6 are townhomes. Local homes that are currently for sale include 9668 Tuco Ln, 18420 Granite Ave and 8068 Citricado Ln. For more information on this home for lease at 18641 Van Buren Blvd Riverside, CA 92508 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 18641 Van Buren Blvd

Public county record property details
Beds
--
Baths
--
Year built
2008
Sq. Ft.
--
Lot Size
35,719
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
2
APN
266-040-037

The source for these homes facts are from public records.

92508 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$774,999
Median List Price/Sq.Ft.
$301
Median Sold Price
$716,500
Median Sold Price/Sq.Ft.
$333
Total Inventory
74
Median Sale to List Price %
98.69%
Avg Days on Market
29
Loan Type
Conventional (54.17%), FHA (0%), VA (8.33%), Cash (25%), Other (12.5%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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