Multi-Unit Flex
For Sale
Contact for pricing
7372 Sycamore Canyon Blvd, Riverside, CA 92508
Flexible commercial building with separately metered units, showroom space, offices, and grade-level loading access.
Property Size28,449 SF
Price / SF$250
Days on Market50
Property Features for 7372 Sycamore Canyon Blvd
General Information
Standard status
Active
Size
28,449 SF
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
Sycamore Canyon/Canyon Springs
Listing Agency:
Cushman & Wakefield
(909) 980-7788
Listed By:
Ryan Velasquez · License #1347459
(909) 942-4673
Source:
Moodyscre
Added: Sep 16
Changed: Oct 31
Last Checked: Nov 3 at 9:30AM
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 Cushman & Wakefield
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Investment Insights
Based on property information with market context.
This flex property provides 28,449 SF within a 1.83-acre business park setting and can be divided into three separately metered units. The layout combines showroom, office, and warehouse functionality, supporting a range of commercial occupancies within one building.
The northwest unit includes a 2,500 SF showroom, two offices, and a 480 SF upstairs office. The middle unit contains 1,500 SF of office space. Five grade-level doors measuring 12' x 14' and one external dock-high truck well provide multiple loading options for commercial operations.
The northwest unit includes a 2,500 SF showroom, two offices, and a 480 SF upstairs office. The middle unit contains 1,500 SF of office space. Five grade-level doors measuring 12' x 14' and one external dock-high truck well provide multiple loading options for commercial operations.
Key Highlights
- 28,449 SF building on 1.83 acres
- Divisible into 3 separately metered units
- 2,500 SF showroom with 2 offices and a 480 SF upstairs office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$442,199
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,843,980
$8.8M
Cap Rate 7%
$6,317,129
$6.3M
Cap Rate 9%
$4,913,322
$4.9M
Market Conditions
NOI Build-Up for 28,449 SF
Gross rent
$522.3K $18.36/SF
− Vacancy
−$2.1K −$0.07/SF
EGI
$520.2K $18.29/SF
− OpEx
−$78.0K −$2.74/SF
NOI
$442.2K $15.54/SF
Area
Riverside, CA
Vacancy
0.40%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,843,980
Cap Rate 7%
$6,317,129
Cap Rate 9%
$4,913,322
Alternative Uses
Best Use
Warehouse
$6.32M
$5.53M – $7.37M
NOI $442,199 @ 7.0% cap · market cap 6.22%
Second Best
Retail
$5.83M
$5.10M – $6.80M
NOI $407,781 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$9.76M
$8.54M – $11.39M
NOI $683,213 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 92508, CA
35,415
Population
10,356
Households
3.4
Avg Household Size
36
Median Age
38%
College-Educated
92%
High-School Grad
11.0 sq mi
ZIP Area
3,220
Density / Sq Mi
$144,485
Median Household Income
$60,123
Median Earnings
$2,560
Median Rent
$656,800
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial building with separately metered units, showroom space, offices, and grade-level loading access.
Where is this flex space located?
The property is located at 7372 Sycamore Canyon Blvd Riverside, CA.
What is the asking price?
The asking price for this property is $7,112,250.
What are key features of this property?
This property features: 28,449 SF building on 1.83 acres; Divisible into 3 separately metered units; 2,500 SF showroom with 2 offices and a 480 SF upstairs office
