Riverside Retail

Need Help Finding Space?
CBRE
I represent tenants and can
help you go see this space.
78267 CA-111 - 2 Spaces La Quinta, CA Close Highway.
Sep 20
630 - 1,270
sqft
Retail
1279 S State St - Space Hemet, CA  
Sep 11
240
sqft
Retail
72750 Dinah Shore Dr - 2 Spaces Palm Desert, CA can be combined with Suite A1
Jul 28
10,000 - 20,000
sqft
Retail
27701 Scott Rd - 3 Spaces Menifee, CA This listing is a nnn lease.
Jul 14
3,500 - 7,000
sqft
Retail
24640 Madison Ave - Entire Building Murrieta, CA second generation restaurant space
Sep 12
6,500
sqft
Retail Restaurant
1129 S State St - Space Hemet, CA  
Sep 11
3,600
sqft
Retail
1189 S State St - Space Hemet, CA  
Sep 11
3,000
sqft
Retail
23962 Alessandro Blvd - 2 Spaces Moreno Valley, Moreno Valley, CA open area
Sep 01
840 - 1,100
sqft
Office Retail Other
350 S Palm Canyon Dr - 2 Spaces Downtown Palm Springs, Palm Springs, CA  
Jul 21
6,350 - 18,750
sqft
Retail
4602 W Florida Ave - 3 Spaces Hemet, CA vanilla shell delivery
Jun 30
1,200 - 1,470
sqft
Retail
68420 Ramon Rd - Unit 5 Rancho Ramon, Cathedral City, CA  
Jul 22
1,100
sqft
Retail
30535 Temecula Pkwy - Space Temecula, CA rate negotiable
Jun 30
900
sqft
Retail Other
31045 Temecula Pkwy - 2 Spaces Temecula, CA one open room, three bullpen and reception, and kitchenette
Jun 30
1,400 - 5,480
sqft
Office Retail Restaurant
27537 Jefferson Ave - 6 Spaces Temecula, CA NNN: $0.39 per sqft
Jun 30
800 - 4,560
sqft
Retail
41789 Nicole Ln - 3 Spaces Temecula, CA This listing is a nnn lease.
Jun 30
1,610 - 2,630
sqft
Retail

Riverside

Market Report

Number of Listings
Posted in the last 90 days
129
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,420

Riverside County Office & Commercial Space

Part of the Inland Empire, this 7,208 square mile, rectangular county spans from just east of Los Angeles County to the Arizona border. The fourth most populous California County, Riverside County has office space for rent in 28 incorporated cities as well as in unincorporated communities. The largest cities in Riverside County with commercial space for rent include Riverside (pop. 287,820), Moreno Valley (pop. 174,565), Corona (pop. 144,661) and the twin cities of Murrieta (103,466) and Temecula (93,923). The Coachella Valley is included in Riverside County’s commercial rental market, with resort towns Palm Desert and Palm Springs providing additional locations to lease retail and office space. Major employers in the county include county government, March Air Reserve Base, retail, school districts, healthcare, and hospitality, especially in the resort towns.

Riverside County Economic Overview

The Inland Empire was hard-hit by the recession and resulting unemployment, but began to rally by the end of 2011. Unemployment has dropped since that time, although it is still above both the state and national averages. Job growth is forecasted to continue, given momentum over nearly every industry sector except for farm and information. Construction, transportation, and wholesale industries are expected to have particularly strong growth. Average asking lease price is climbing, due to continued leasing activity, limited supply of new construction, and the market’s cautious optimism.

Riverside County At A Glance

This vast area was the birthplace of California’s citrus industry. The University of California campus at Riverside had its roots from a research facility farmers lobbied for to help them create a better crop. Tourism is strong in Coachella Valley’s resort towns of Palm Desert and Palm Springs, which have also become retirement destinations. Transportation of goods is convenient for industry, as Riverside County lies along the Santa Fe Railway’s Chicago to Los Angeles corridor. In addition, commuting transportation options are outstanding, as many commuters to both San Diego and Greater Los Angeles live in Riverside County, and transportation hubs have grown up around these commuter needs.

Where to Lease in Riverside County

Riverside County’s commercial real estate market has strengthened over the last few years, with positive absorption rates holding, especially in Class A structures. Speculative building prior to the recession caused a boom in supply, which currently translates into a leaser’s market, as firms can shop for the best space and the best deal available. Areas such as Riverside City, Corona, Temecula, Palm Springs, and Palm Desert have the most commercial office space offerings.

Learn More About Riverside County

Market Data

Real time and historical data on commercial real estate listings in Riverside.
Research