Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Magnolia Avenue Retail/Office/Medical Space Title is generated by Realmo AI

    9887-9889 Magnolia Ave., Riverside, CA 92503

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Versatile space suitable for restaurant, retail, office, or medical use.

    Type:Retail
    Property size:
    2,348 SF
    Added:
    Apr 1, 2026
    Days on Market:
    67
    Last Refresh:
    Apr 1 at 11:46 am

    Property Features for 9887-9889 Magnolia Ave.

    General Information

    Standard status
    Active
    Size
    2,348 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2003

    Spaces For Lease

    at 9887-9889 Magnolia Ave. Contact us

    We can help!

    Listing Contact
    Lidia Talavera

    Listing agent Lidia Talavera License #CalDRE #01407598

    Listing office NAI Capital - Ontario

    Listing date Apr 1, 2026

    Source Naiglobal

    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 NAI Capital - Ontario

    HighLights

    • Prime location in a densely populated area with strong demographics.
    • Anchored by Lowe's and surrounded by national retailers like Panda Express, Cold Stone, Popeyes, and US Bank.
    • +/- 2348 SF space ideal for restaurant (with potential patio), retail, office, or medical use.
    • Minutes from the Galleria at Tyler and major retailers such as Target, Walmart, Best Buy, and Ross.
    • Easy access to the 91 Freeway.
    • Ample parking available.

    Overview

    Located at 9887-9889 Magnolia Ave., this community retail center offers approximately 2348 square feet of space for lease. The location is suitable for a restaurant with a potential patio, retail, office, or medical use. The property is part of a retail center with tenants including Lowe’s, Panda Express, Cold Stone, Popeyes, and US Bank. The property is located near the Galleria at Tyler and major retailers. The location benefits from a densely populated area with strong demographics. Easy access to the 91 Freeway and ample parking are available.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.4538138
    Latitude
    33.9166035

    Nearby Similar for Lease

    • $4,300/Mo
      3,950 SF

      Riverside Commercial Space for Lease

      Commercial space with warehouse and office, easy freeway access.
      4066 Alamo Street, Riverside, CA 92501
      View Details
    • $975/Mo
      1,000 SF

      Riverside Office Suite For Lease

      Well-maintained office suite in Riverside with flexible workspace.
      6630 Doolittle, Riverside, CA 92503
      View Details
    • $5,720/Mo
      2,080 SF

      Riverside Retail Space For Lease

      Retail space in a prime location near Target.
      3271 Arlington Ave, Riverside, CA 92506
      View Details
    • $5,500/Mo
      1,132 SF

      Furnished Office Space Near Courthouse

      Professional office space for lease near downtown Riverside courts.
      3895 Brockton, Riverside, CA 92501
      View Details
    • $6,720/Mo
      5,600 SF

      Riverside Contractor Storage Yard

      Spacious, secure yard with office and storage for contractors.
      5925 Payton Avenue, Riverside, CA 92504
      View Details
    • $1.35 SF/Yr
      4,500 SF

      Office/R&D Flex Space with Warehouse

      Flexible office and warehouse/R&D configurations support a range of tenant operational needs in a developing Riverside market.
      1401 & 1451 Research Park Dr, Riverside, CA 92507
      View Details
    • $5,720/Mo
      2,080 SF

      Riverside Retail Space For Rent

      Retail space available in a well-located Riverside shopping center.
      3271 Arlington Ave,, Riverside, CA 92506
      View Details
    • $2 SF/Yr
      1,061 SF

      Retail Storefront Suite with Glass Frontage

      Prominent glass storefront and flexible interior layout on a primary retail corridor near UC Riverside.
      1889 University Avenue, Suite 106, Riverside, CA 92507
      View Details
    • $5,500/Mo

      Furnished Office Space Near Courthouse

      Professional office space for lease near downtown Riverside.
      3895 Brockton, Riverside, CA 92501
      View Details
    • $1.95 SF/Yr
      2,562 SF

      Riverside Medical Office Space

      Move-in ready orthodontics office in downtown Riverside.
      3731 Tibbetts St, Riverside, CA 92506
      View Details
    • $1.30 SF/Yr
      21,911 SF

      Free-Standing Distribution Warehouse

      Free-standing industrial building with secured yards, ESFR sprinklers, and dock-high loading for efficient distribution operations.
      680 Main St, Riverside, CA 92501
      View Details
    • $13,000/Mo
      13,000 SF

      Riverside Industrial Warehouse with Freeway Access

      13,000 SF industrial warehouse near 60, 91, and 215 Freeways.
      2879 Main, Riverside, CA 92501
      View Details

    FAQs

    What type of property is this?
    Retail space - Versatile space suitable for restaurant, retail, office, or medical use.
    Where is this retail space located?
    The property is located at 9887-9889 Magnolia Ave. Riverside, CA.
    What are key features of this property?
    This property features: Prime location in a densely populated area with strong demographics.; Anchored by Lowe's and surrounded by national retailers like Panda Express, Cold Stone, Popeyes, and US Bank.; +/- 2348 SF space ideal for restaurant (with potential patio), retail, office, or medical use.
    (909) 762-5489
    We can help!
    Listing Contact
    Lidia Talavera
    Real Estate License ID: CalDRE #01407598
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9887-9889 Magnolia Ave., Riverside, CA 92503
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!