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Multi-Tenant Retail Building
For Sale
Contact for pricing
Pending

9563-9571 Magnolia Avenue, Riverside, CA 92503

Multi-tenant retail building on Magnolia Avenue is fully occupied by three service tenants.

Property SizeContact for details
Days on Market150

Property Features for 9563-9571 Magnolia Avenue

General Information

Standard status Pending
Property subtype Retail
Occupancy 100%

Additional Details

Traffic Count 67,000 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Lee & Associates - Riverside
Listed By: Frank Vora · License #CA 01793683
Source: Crexi
Added: Apr 10 Changed: Aug 25 Last Checked: Sep 4 at 1:01PM

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 Lee & Associates - Riverside

Investment Insights

Based on property information with market context.

This multi-tenant retail building is offered for sale and is currently 100% occupied. The property is leased to three service tenants: Body Massage, Water Island Foot Body Massage, and Threshold Fitness, each with fixed 3% annual increases.

The building is located on Magnolia Avenue in Riverside, just west of the Van Buren Boulevard intersection. Public remarks indicate traffic counts exceeding 67,000 cars per day along the corridor.

The asset presents a straightforward retail ownership structure with three in-place tenants and recurring annual rent escalations.

Key Highlights

  • 100% occupied, multi‑tenant retail building in Riverside leased to three service tenants
  • Tenants: Body Massage, Water Island Foot Body Massage, and Threshold Fitness
  • Leases include fixed 3% annual increases

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Daycare Center Electrical Service Butcher Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

67,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,505
Businesses Nearby
249k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 33% Dining 32% Home Improvements & Furnishings 22% Groceries 13%
Lowe's Home Improvements & Furnishings
53,528 visits/mo 0.4 miles
Stater Bros. Markets Groceries
33,555 visits/mo 0.4 miles
SONIC Drive In Dining
26,709 visits/mo 0.1 miles
Jack in the Box Dining
20,326 visits/mo 0.5 miles
ARCO Shops & Services
13,459 visits/mo 0.4 miles

Demographics for 92503, CA

90,011
Population
25,802
Households
3.5
Avg Household Size
35
Median Age
21%
College-Educated
81%
High-School Grad
34.3 sq mi
ZIP Area
2,624
Density / Sq Mi
$91,523
Median Household Income
$42,150
Median Earnings
$1,801
Median Rent
$556,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Multi-tenant retail building on Magnolia Avenue is fully occupied by three service tenants.
Where is this retail space located?
The property is located at 9563-9571 Magnolia Avenue Riverside, CA.
What are key features of this property?
This property features: 100% occupied, multi‑tenant retail building in Riverside leased to three service tenants; Tenants: Body Massage, Water Island Foot Body Massage, and Threshold Fitness; Leases include fixed 3% annual increases
(951) 276-3600 Call to check price and availability
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