2620-2698 Canyon Springs Pkwy Riverside, CA 92507
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.
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.