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    2620-2698 Canyon Springs Pkwy Riverside, CA 92507

    For Lease
    Contact for pricing

    Prime Riverside County Retail Center; 35,000 SF Available

    Lot size:
    183,470 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Canyon Springs Marketplace, a dominant retail center in Riverside County, offers an exceptional opportunity for businesses seeking high-traffic exposure. This 183,470 square foot strip center boasts a strong tenant mix, including nationally recognized brands such as Nordstrom Rack, Marshalls, Sephora, Old Navy, Best Buy, Petco, Boot Barn, Michael's, and Smart & Final. The property is strategically located at the Day Street retail hub, serving a substantial trade area exceeding 500,000 people across multiple cities including Moreno Valley, eastern Riverside, Perris, Grand Terrace, and Jurupa Valley. Its prime location provides outstanding visibility to the over 180,000 vehicles that travel daily on the 60 freeway. A significant 35,000 square feet of retail space is currently available, presenting a unique opportunity for expansion or new business establishment. This space offers exceptional signage opportunities, including freeway visibility, back-of-building signage, and pylon/monument signage options. The center is institutionally owned and professionally managed, ensuring a consistently inviting and well-maintained shopping environment for customers. This is a rare chance to secure a prominent position within a thriving retail hub in a high-growth area of Riverside County.

    Property Features for 2620-2698 Canyon Springs Pkwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    183,470 SF

    Unit(s) available at that property

    Space
    2620
    Size
    35,000 SF

    HighLights

    • Retail property totaling 183,470 square feet.
    • 35,000 square feet of vacant space available.
    • Located in Riverside County's Day Street retail hub, serving a trade area of over 500,000 people.
    • High visibility from the 60 freeway (over 180,000 cars daily).
    • Excellent signage opportunities including freeway, building back, and pylon/monument signage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.284913
    Latitude
    33.942902

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    FAQs

    What type of property is this?
    Retail property - Prime Riverside County Retail Center; 35,000 SF Available
    Where is this retail property located?
    The property is located at 2620-2698 Canyon Springs Pkwy Riverside, CA.
    What are key features of this property?
    This property features: Retail property totaling 183,470 square feet.; 35,000 square feet of vacant space available.; Located in Riverside County's Day Street retail hub, serving a trade area of over 500,000 people.
    Request Owner's contact information
    2620-2698 Canyon Springs Pkwy Riverside, CA 92507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2620-2698 Canyon Springs Pkwy Riverside, CA 92507
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