Riverside Multi-Tenant Restaurant
10920 Magnolia Avenue, Riverside, CA 92505
- Added:
- Jan 27, 2026
- Days on Market:
- 122
- Last Refresh:
- Jan 8 at 9:17 pm
Property Features for 10920 Magnolia Avenue
General Information
- Standard status
- Active
- Size
- 9,600 SF
Listing agent Bill Bauman License #CA RE Lic. #00969493 (213) 298-3593
Listing office Newmark (213) 298-3593
Listing date Jan 27, 2026
Source Nmrk
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Newmark
HighLights
- 100% leased to five high‑quality restaurant and QSR operators providing immediate income.
- Located at a premier intersection in Riverside, across from Kaiser Permanente Regional Medical Center, ensuring HIGH VISIBILITY and TRAFFIC.
- Situated in the top‑performing retail sub‑market in the Inland Empire with a strong residential and student population.
- The property is specifically designed with AMPLE PARKING to accommodate all food uses.
- Benefits from the adjacent Park Sierra Shopping Center tenants including Walgreens, LA Fitness, McDonald’s, and Raising Cane’s.
- Affluent demographic base with high average household incomes and a large daytime population from Kaiser Permanente.
Overview
Located at the southwest corner of Magnolia Avenue and Park Sierra Drive in Riverside, California, this 9,600 square foot multi-tenant shop building is positioned at a prominent intersection, directly across from the Kaiser Permanente Regional Medical Center. The property is part of the Park Sierra Shopping Center, which includes Walgreens, LA Fitness, McDonald’s, and Raising Cane’s. The building is fully leased to five restaurant and QSR operators: California Fish Grill, Blaze Pizza, Luna Grill, ShareTea, and Subway. The property is designed to accommodate all food uses. A pending lease for a 50,000 square foot grocer in the adjacent anchor building is expected to further enhance the project's daily needs draw. The surrounding area benefits from an affluent residential population, a substantial college student population with UC Riverside and three other colleges nearby, and the Kaiser Permanente hospital with over 5,000 employees, generating significant daytime traffic. Kaiser Permanente is undergoing expansion of its hospital, parking structure, and facilities. The property is approximately 0.5 miles from Castle Park. The building is of newer construction.
Location Intelligence
Current Use by Public Records
BurgerIM
Restaurant
Blaze Pizza
Restaurant
Aria Korean Street ...
Restaurant
Sharetea Riverside
Cafe & Coffee Shop
California Fish Grill
Restaurant
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Location Insight
- Map
- Local Demand
- City
- Riverside
- County
- Riverside
- State
- California
- Longitude
- -117.473
- Latitude
- 33.9051
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - 9,600 SF restaurant pad in top Inland Empire retail market.
Where is this shopping center located?
The property is located at 10920 Magnolia Avenue Riverside, CA.
What are key features of this property?
This property features: 100% leased to five high‑quality restaurant and QSR operators providing immediate income.; Located at a premier intersection in Riverside, across from Kaiser Permanente Regional Medical Center, ensuring HIGH VISIBILITY and TRAFFIC.; Situated in the top‑performing retail sub‑market in the Inland Empire with a strong residential and student population.
