Stray Dogs Coffee LLC

Stray Dogs Coffee Secures Downtown Riverside Lease | 3225 Market St | Tenant Representation by Kyle Fried

In Q2 2024, Kyle Fried of Seaway Commercial Real Estate Advisors represented Stray Dogs Coffee LLC in securing a 5-year retail lease at 3225 Market Street, Riverside—a prominent multi-tenant retail building in the heart of downtown. This lease marks the launch of a new specialty coffee concept led by seasoned entrepreneurs transitioning from another industry.

The space, delivered as an open shell, gives Stray Dogs Coffee full creative control to build out their unique vision for a destination café and community gathering space.

Deal Summary

• Address: 3225 Market St, Riverside, CA 92501

• Tenant: Stray Dogs Coffee LLC

• Landlord: Private Owner

• Transaction Type: Retail Lease

• Term: 5 years with renewal options

• Size: 2,345 sqft

• Lease Type:  NNN 

• Broker Representation: Kyle Fried, Tenant Rep

• Close Date: Q2 2024

Advisory Strategy

The tenant, while experienced in entrepreneurship, was new to the coffee industry. Kyle Fried led a strategic site selection process, touring multiple locations across Riverside, before identifying 3225 Market St as the ideal fit—offering foot traffic, visibility, and flexibility in buildout.

Through careful negotiation, Kyle secured:

• Free rent periods strategically spread throughout the term

• Standard annual escalations

• Flexible buildout timing to support permitting and construction

• Options for lease renewal to protect long-term vision

Strategic Fit: Downtown Riverside

Downtown Riverside continues to evolve as a vibrant pedestrian district with increasing demand for experience-forward retail and food concepts. 3225 Market St benefits from close proximity to Riverside City Hall, the Mission Inn, and the Riverside Convention Center, making it an ideal location for a coffee brand focused on community, design, and hospitality.

Brokerage Value Delivered

• Guided an industry newcomer through commercial leasing

• Provided comparative market analysis on rental rates and lease terms

• Negotiated tenant-friendly concessions

• Advised on buildout, permitting, and utility coordination

FAQs

1. Was the space move-in ready?
No, the unit was delivered as a shell, allowing the tenant full control over design and buildout to match their coffee brand concept.

2. What lease incentives were negotiated?
The tenant received free rent periods, a buildout window, and renewal options to support long-term planning.

3. Why was downtown Riverside selected?
The area is undergoing revitalization and offers strong pedestrian traffic, nearby civic institutions, and a growing base of lifestyle-focused consumers—ideal for a community-oriented café.