Riverside, California, offers a unique blend of history, culture, and natural beauty, making it an attractive location for businesses looking to establish a presence in the Inland Empire metropolitan area. With a population of around 315,000, Riverside provides a diverse landscape with hills, mountains, and open spaces, including Mount Rubidoux and Box Springs Mountain. The city's rich history in the citrus industry, being the birthplace of the California citrus industry, is complemented by its modern infrastructure, including city-owned utilities, public services, and major transportation facilities like the Interstate 215 and State Route 60. As a result, a Commercial Real Estate Property For Lease in Riverside can benefit from the city's strong economy, which is driven by light-industry, manufacturing, legal services, accounting services, engineering services, and banking. Major corporations like Bourns, Inc., an American electronics company, have already established a presence in the city, and institutions of higher learning like the University of California, Riverside, provide a skilled workforce.
Riverside's Commercial Real Estate market offers a range of options, including Office Space, Coworking Space, Retail Space, and Industrial Space. With 218 Commercial Real Estate Properties For Lease available, businesses can find the perfect space to suit their needs. The average annual rent per square foot is $23 USD, and the average size of available spaces is 17,822 square feet, with a maximum space size of 740,520 square feet. Office Space in Riverside is ideal for businesses looking to establish a professional presence, while Coworking Space provides a flexible and collaborative environment. Retail Space is perfect for businesses looking to connect with the local community, and Industrial Space is suitable for companies requiring specialized facilities. With its unique blend of history, culture, and natural beauty, Riverside is an attractive location for businesses looking to establish a presence in the Inland Empire metropolitan area.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Riverside, California, there are several key factors to consider, including:
- Location and accessibility, with proximity to major transportation facilities like the Riverside-Downtown Station and March Joint Air Reserve Base, as well as easy access to Interstate 215 and State Route 60;
- The type and size of the property, with options ranging from 17,822 square feet to 740,520 square feet, and an average annual rent of $23 USD per square foot;
- The local economy and industry, with major sectors including light-industry, manufacturing, legal services, accounting services, engineering services, and banking, and a diverse range of amenities and attractions, such as the Riverside National Cemetery, the Riverside Sports Complex, and the Fox Performing Arts Center, with 218 available listings to choose from.
How do I determine the right size and type of commercial property to rent for my business needs?
When searching for the right commercial property to rent for your business needs in Riverside, California, it's essential to consider factors such as the size of the space, type of property, and location. With 218 available listings of commercial real estate for lease in Riverside, you'll want to narrow down your options by identifying your specific requirements.
- Consider the average size of commercial properties in Riverside, which is approximately 17,822 square feet, and the maximum space size available, which is around 740,520 square feet, to determine the ideal space for your business.
- Think about the type of property that best suits your business needs, whether it's an office, retail, or industrial space, and look for properties that offer amenities such as proximity to major transportation hubs, like the Riverside-Downtown Station, or access to local attractions, like the Fox Performing Arts Center.
- Assess your budget by considering the average annual rent per square foot in Riverside, which is around $23 USD, to ensure you find a property that fits within your means.
