9590 Magnolia Ave, Riverside, CA, 92503

9590 Magnolia Ave Riverside, CA 92503

Riverside
FOR LEASE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Sep 30, 2024

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Highlights

  • Strategic Location
  • High Visibility
  • Growth Opportunity

Description

Located at 9590 Magnolia Ave in Riverside, CA, this office building offers a flexible and modern workspace ideal for a variety of businesses. The available second-floor office space encompasses 2,100 square feet, providing a versatile environment suitable for customization to meet diverse operational needs. This space notably offers the possibility to be divided into smaller units as compact as 300 square feet, making it an excellent choice for smaller enterprises or startups seeking a professional setting without the commitment to a larger footprint.

This property boasts a strategic location on Magnolia Avenue, a bustling commercial artery in Riverside that ensures high visibility and accessibility. Surrounded by a vibrant mix of retail, dining, and service businesses, the area attracts a steady flow of foot traffic and consumer interest, which can significantly benefit any occupying business. Easy access to major transportation routes enhances connectivity to the broader Riverside area and beyond, making it a convenient location for both staff and clients. The flexibility in office size options, combined with its prime location, makes 9590 Magnolia Ave an attractive leasing opportunity for businesses aiming to grow and thrive in the heart of Riverside.


Year Built: 1984
Building Size: 5174sq ft
Building Class: C
Lot Size: 0.18 acres

Units for Lease

Suite B, C, D
Space Available: 2100 SF
Lease Type: NNN

Price Per Sqft/Month: $2.00

Map of 9590 Magnolia Ave, Riverside, CA, 92503

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.