For Lease
$18-$23.40 /SF/YR

3355-3375 Iowa Ave Riverside, CA 92507

Riverside, CA: Prime Retail Space Available

Overview

Added:
Dec 11, 2024
Days on market:
134
University Heights Shopping Center, a Class C retail strip center in Riverside, CA, presents an exceptional investment opportunity. This 35,660 square foot property, built in 1986, sits on 2.12 acres of land (APN 250-150-009) and boasts 140 parking spaces. The center is conveniently located at 3355-3375 Iowa Avenue, Riverside, CA 92507, offering excellent visibility with Iowa Avenue frontage and potential freeway signage. Its strategic location near UC Riverside ensures high foot traffic and a strong customer base within a thriving residential community. Immediate access to I-215 freeway provides unparalleled convenience. Currently, there are two available suites: a 2,400 square foot space (formerly a gym) and an 1,100 square foot space (formerly a Metro PCS store). The minimum divisible space is 1,100 square feet, with a maximum contiguous space of 2,400 square feet. A total of 3,500 square feet is currently vacant. The property is zoned CR and has a building floor area ratio of 0.3. This is a rare chance to establish or expand your business in a high-demand area with strong demographics. The property offers significant potential for growth and return on investment.

Highlights

  • Excellent walkability to UC Riverside, surrounded by dense residential.
  • High visibility on Iowa Avenue with freeway signage potential.
  • Direct I-215 Freeway access.
  • Signalized corner lot offering four-way access.

Property Details for 3355-3375 Iowa Ave

Property type
Neighborhood centers, Retail properties
RSF (Rentable sq. ft)
35,660 SF
Class
C
Year Built
1986

Unit(s) available at that property

Space
Suite 3375 C
Size
2,400 SF
Rate per SF
$18
Space
Suite 3375 I
Size
1,100 SF
Rate per SF
$23.40

Location Insight

City
Riverside
County
Riverside
State
California
Latitude
33.98175853
Longitude
-117.3399558

FAQs

What type of property is this?
Neighborhood center - Riverside, CA: Prime Retail Space Available
Where is the neighborhood center located?
The property is located at 3355-3375 Iowa Ave Riverside, CA.
What is the lease rate?
The lease rate is $18-$23.40 /SF/YR.
What are key features of this property?
This property features: Excellent walkability to UC Riverside, surrounded by dense residential.; High visibility on Iowa Avenue with freeway signage potential.; Direct I-215 Freeway access.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3355-3375 Iowa Ave
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