1201 University Dr Riverside, CA 92507
This exceptional retail investment opportunity, located at 1201 S University Dr in Riverside, CA 92507, presents a compelling chance to acquire a thriving shopping center. The property, known as University Village, boasts a total building area of 182,256 square feet and offers multiple tenancy options. Currently, there are nine available spaces ranging in size from a minimum of 946 square feet to a maximum contiguous space of 5,183 square feet. A significant 20,849 square feet of vacant space presents a unique opportunity for expansion or lease to new tenants. The property's strategic location in Riverside, California, ensures high visibility and accessibility for businesses. This makes it an ideal investment for those seeking a strong return on investment in a vibrant and growing market. The property's size and flexibility cater to a wide range of retail businesses, offering a diverse tenant mix potential. With its prime location and substantial vacant space, University Village presents a rare opportunity to acquire a well-established retail center with significant upside potential. The property is situated at 33.9655047 latitude and -117.3311242 longitude. Serious inquiries are encouraged to explore this exceptional investment opportunity further.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.