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9204 Magnolia Ave
2,200 - 6,387 SF of Office/Retail Space Available in Riverside, CA 92503
Highlights
- Heavy Daytime Traffic, Across the Street from Stater Brothers and Family Dollar
- Close proximity to a variety of dining & retail amenities
- Stand-alone building at a signalized corner with high traffic counts and great visibility
- Conveniently located just north of the 91 Freeway
- Parkview Medical Center & California Baptist University nearby
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,200 SF | Negotiable | $4.56 CAD/SF/YR $0.38 CAD/SF/MO $49.05 CAD/m²/YR $4.09 CAD/m²/MO $835.40 CAD/MO $10,025 CAD/YR | Triple Net (NNN) | ||
| 2nd Floor | 4,187 SF | 5-10 Years | $54.85 CAD/SF/YR $4.57 CAD/SF/MO $590.40 CAD/m²/YR $49.20 CAD/m²/MO $19,138 CAD/MO $229,655 CAD/YR | Triple Net (NNN) |
1st Floor
- 2,200 at the endcap - Great Visibility - Signalized Corner - Ideal for office/medical use
- Lease rate does not include utilities, property expenses or building services
- Office intensive layout
- Fits 20 - 40 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 6,387 SF of adjacent space
- Fantastic visibility
2nd Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 4 - 20 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 6,387 SF of adjacent space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS FOR 9204 Magnolia Ave , Riverside, CA 92503
| Property Type | Retail | Year Built/Renovated | 1959/2023 |
| Property Subtype | Bank | Parking Ratio | 7.98/1,000 SF |
| Gross Leasable Area | 6,387 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 6,387 SF |
| Year Built/Renovated | 1959/2023 |
| Parking Ratio | 7.98/1,000 SF |
About the Property
The subject property is located at the signalized intersection of Magnolia Avenue (27,000 ADT) and Donald Avenue (1,224 ADT) in the City of Riverside, CA. This former 2-story bank branch building is on a 0.66 acre parcel with ample parking (51 stalls) and is directly across the street from Stater Brothers Market. The site is conveniently located just north of the 91 Freeway and nearby The Galleria at Tyler regional mall, Riverside County Superior Court (1,100+ employees), Parkview Medical Center (1,200+ employees) and California Baptist University (11,500+ students). THE OWNERSHIP WILL DEMISE THE SPACE FOR MEDICAL USE. THE CURRENT AVAILABLE SPACE IS 2,200 SF.
- Bus Line
- Dedicated Turn Lane
- Signalized Intersection
Nearby Major Retailers
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Sam Kangavari -
NAI Capital
Presented by
9204 Magnolia Ave
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