3355-3375 Iowa AveRiverside, CA 92507

Property Details for 3355-3375 Iowa Ave

Year built

1986

Lot size

2.12 AC

Property size (Sq ft)

35,660 SF

Property type

Neighborhood centers

Property subtype

Retail properties

Description

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.

Location Insight

City

Riverside

County

Riverside

State

California

Latitude

33.9818

Longitude

-117.34

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