Riverside Commercial Real Estate

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78267 CA-111 - 3 Spaces La Quinta, CA Close Highway.
Sep 20
630 - 4,000
sqft
Retail Restaurant
425 W La Cadena Dr - Unit 20 , CA 280 sqft office space and 920 sqft warehouse space
Sep 20
1,200
sqft
Industrial Office
455 W La Cadena Dr - Unit 19 , CA 280 sqft office space and 920 sqft warehouse space
Sep 20
1,200
sqft
Industrial Office
68703 Perez Rd - Unit A-12 Cathedral City, CA no CAM fees
Sep 20
1,750
sqft
Office
68733 Perez Rd - Unit C-26 Cathedral City, CA no CAM fees
Sep 20
1,080
sqft
Industrial
68805 Perez Rd - Unit F-55 Cathedral City, CA no CAM fees
Sep 20
830
sqft
Office
41661 Enterprise Cir N - Unit 217 (Floor 2) Temecula, CA  
Sep 15
1,510
sqft
Office
24640 Madison Ave - Entire Building Murrieta, CA second generation restaurant space
Sep 12
6,500
sqft
Retail Restaurant
1279 S State St - Space Hemet, CA  
Sep 11
240
sqft
Retail
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
50,909 SF Sale/Lease Opportunity - Space Corona Hills, Corona, CA  
Sep 06
50,910
sqft
Industrial
23962 Alessandro Blvd - 2 Spaces Moreno Valley, Moreno Valley, CA open area
Sep 01
840 - 1,100
sqft
Office Retail Other
Walsh Medical - 3 Spaces Golden Triangle North, Murrieta, CA rental rate negotiable
Aug 12
1,330 - 2,600
sqft
Office Medical
Walsh Medical - 3 Spaces Golden Triangle North, Murrieta, CA rental rate negotiable
Aug 12
1,080 - 1,730
sqft
Office Medical
74794 42nd Ave - 3 Spaces Palm Desert, CA private office with covered balcony
Aug 11
1,650 - 2,300
sqft
Mixed Use Office
40517 Margarita Rd - Entire Building Temecula, CA rate negotiable
Aug 03
7,380
sqft
Restaurant

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.
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