3390 University AveRiverside, CA 92501

Property Details for 3390 University Ave

Year built

2012

Construction

STEEL FRAME

Lot size

0.97 AC

Property size (Sq ft)

137,122 SF

Zone code

DSP

Property type

Office buildings

APN

213-312-009

APU

213312009

Description

The prestigious Citrus Tower, a Class A, six-story office building in Riverside, CA, offers exceptional executive office space for lease. Built in 2012, this modern building boasts a total of 137,122 square feet, with multiple tenancy options available. Currently, there are 16,300 square feet of vacant space, divisible into units as small as 1,179 square feet, and offering contiguous spaces up to a maximum of 7,930 square feet. This provides flexibility for businesses of various sizes, from small startups to larger corporations. The building is conveniently located at 3390 University Avenue, Riverside, CA 92501, in Riverside County. Ample parking is provided, with a ratio of 4 parking spaces per 1000 usable square feet. The building's modern design and prime location make it an ideal choice for businesses seeking a professional and efficient workspace. This is a fantastic opportunity to establish your business in a thriving area with excellent access to amenities and transportation. Contact us today to learn more about the available spaces and lease terms. Don't miss out on this chance to secure your ideal office space in the heart of Riverside.

• CAP approach

  CAP return

  Valuation

  6%

  $36,266,556

  6.5%

  $33,476,822

  7%

  $31,085,620

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,735,070

  Geo Method

  $48,262,832

• Alternative Use

  Use

  Valuation

  Residential

  $41,511,260

  Hospitality

  $38,024,092

  Educational

  $31,635,598

  Medical

  $32,723,594

  Retail

  $49,210,928

Location Insight

City

Riverside

County

Riverside

State

California

Latitude

33.9796

Longitude

-117.371

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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