10920 Magnolia Ave Riverside, CA 92505
9,600 SF restaurant pad in top Inland Empire retail market.
Source:
Nmrk
Listing Agent: Bill Bauman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Riverside Multi-Tenant Restaurant Pad
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
Hamburger Restaurant
Blaze Pizza
Pizza Restaurant
Aria Korean Street ...
Restaurant
Sharetea Riverside
Bubble Tea Store
California Fish Grill
Seafood Restaurant
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Location Insight
- Map
- Local Demand
- City
- Riverside
- County
- Riverside
- State
- California
- Longitude
- -117.4727173
- Latitude
- 33.905139
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 Ave 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.