19318 Jesse Ln, Riverside, CA 92508

This 17,263 square foot office property is located in Riverside, California. The Inland Empire has consistently outperformed other office markets in the country, holding the lowest vacancy rate for the past five quarters, averaging a 9.1% vacancy rate during that timeframe, and as of the third quarter 2024, vacancy has declined to 7.9%. The Inland Empire's $213-billion economy is equal to that of the state of Utah, and has been Southern California’s best-growth market for several straight years, averaging 5.2% each year, per the Federal Reserve. The Inland Empire’s population is Southern California’s second largest, fueled by a growth rate that is almost 4 times more than the rest of the region since 1990. The property enjoys a prominent location near the I-215/SR-60/SR-91 freeway interchanges that connect the Inland Empire to Orange and Los Angeles Counties. It is also minutes away from the University of California, Riverside (UCR), ranked 36th among Top Public Universities in the United States by U.S. News and World Report. The property is located in an area with strong demographics, with more than 12,000 people in a 1-mile radius with an Average Household Income exceeding $163,200, more than 55,000 people in a 3-mile radius with an Average Household Income exceeding $167,600, and more than 175,800 people in a 5-mile radius with an Average Household Income exceeding $129,700.