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  1. Retail Space
  2. CA
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For Lease

University Village

1223 University Avenue, Riverside, CA 92507

78,979

SF Available

Rental Details

  • Number of spaces 14
  • Total square feet available 78,979 SF
  • For Lease Contact for pricing
  • Space Types Retail, Office
  • Date Updated Apr 28, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 14 Spaces Available

1201 South University Drive #16

  • Space Type Retail
  • Lease Rate Contact for pricing
  • Total Space Available 41,915 SF
  • Floor 1
  • Divisible Space 41,915 - 41,915 SF
  • Available Date Immediate
  • Renewal Option Yes
  • Sublease No

Traffic counts

Corner of Iowa Ave. & University Ave: 40,425 CPD

I-215 Freeway: 220,000 CPD

Digital pylon sign.

  • Signage Yes
  • Signage Options Pylon
broker
Greg Giacopuzzi

NewMark Merrill Companies

broker
Grant Gomer

NewMark Merrill Companies

1201 South University Drive #17

  • Space Type Retail
  • Lease Rate Contact for pricing
  • Total Space Available 946 SF
  • Floor 1
  • Divisible Space 946 - 946 SF
  • Available Date Immediate
  • Renewal Option Yes
  • Sublease No

Traffic counts

Corner of Iowa Ave. & University Ave: 40,425 CPD

I-215 Freeway: 220,000 CPD

Digital pylon sign.

  • Signage Yes
  • Signage Options Pylon
broker
Greg Giacopuzzi

NewMark Merrill Companies

broker
Grant Gomer

NewMark Merrill Companies

1201 South University Drive #202

  • Space Type Office
  • Lease Rate Contact for pricing
  • Total Space Available 1,812 SF
  • Floor 2
  • Divisible Space 1,812 - 1,812 SF
  • Available Date Immediate
  • Renewal Option Yes
  • Sublease No
broker
Greg Giacopuzzi

NewMark Merrill Companies

broker
Grant Gomer

NewMark Merrill Companies

1201 South University Drive #206A

  • Space Type Office
  • Lease Rate Contact for pricing
  • Total Space Available 1,095 SF
  • Floor 2
  • Divisible Space 1,095 - 1,095 SF
  • Available Date Immediate
  • Renewal Option Yes
  • Sublease No
broker
Greg Giacopuzzi

NewMark Merrill Companies

broker
Grant Gomer

NewMark Merrill Companies

1201 South University Drive #208

  • Space Type Office
  • Lease Rate Contact for pricing
  • Total Space Available 7,634 SF
  • Floor 2
  • Divisible Space 7,634 - 7,634 SF
  • Available Date Immediate
  • Renewal Option Yes
  • Sublease No
broker
Greg Giacopuzzi

NewMark Merrill Companies

broker
Grant Gomer

NewMark Merrill Companies

1201 South University Drive #209

  • Space Type Office
  • Lease Rate Contact for pricing
  • Total Space Available 1,453 SF
  • Floor 2
  • Divisible Space 1,453 - 1,453 SF
  • Available Date Immediate
  • Renewal Option Yes
  • Sublease No
broker
Greg Giacopuzzi

NewMark Merrill Companies

broker
Grant Gomer

NewMark Merrill Companies

1201 South University Drive #211

  • Space Type Office
  • Lease Rate Contact for pricing
  • Total Space Available 1,255 SF
  • Floor 2
  • Divisible Space 1,255 - 1,255 SF
  • Available Date Immediate
  • Renewal Option Yes
  • Sublease No
broker
Greg Giacopuzzi

NewMark Merrill Companies

broker
Grant Gomer

NewMark Merrill Companies

1201 South University Drive #218

  • Space Type Office
  • Lease Rate Contact for pricing
  • Total Space Available 863 SF
  • Floor 2
  • Divisible Space 863 - 863 SF
  • Available Date Immediate
  • Renewal Option Yes
  • Sublease No
broker
Greg Giacopuzzi

NewMark Merrill Companies

broker
Grant Gomer

NewMark Merrill Companies

1201 South University Drive #220

  • Space Type Office
  • Lease Rate Contact for pricing
  • Total Space Available 1,047 SF
  • Floor 2
  • Divisible Space 1,047 - 1,047 SF
  • Available Date Immediate
  • Renewal Option Yes
  • Sublease No
broker
Greg Giacopuzzi

NewMark Merrill Companies

broker
Grant Gomer

NewMark Merrill Companies

1201 South University Drive #23

  • Space Type Office
  • Lease Rate Contact for pricing
  • Total Space Available 2,750 SF
  • Floor 1
  • Divisible Space 2,750 - 2,750 SF
  • Available Date Immediate
  • Renewal Option Yes
  • Sublease No
broker
Greg Giacopuzzi

NewMark Merrill Companies

broker
Grant Gomer

NewMark Merrill Companies

1201 South University Drive #4B

  • Space Type Office
  • Lease Rate Contact for pricing
  • Total Space Available 2,272 SF
  • Floor 1
  • Divisible Space 2,272 - 2,272 SF
  • Available Date Immediate
  • Renewal Option Yes
  • Sublease No
broker
Greg Giacopuzzi

NewMark Merrill Companies

broker
Grant Gomer

NewMark Merrill Companies

1223 South University Drive #200

  • Space Type Office
  • Lease Rate Contact for pricing
  • Total Space Available 5,183 SF
  • Floor 2
  • Divisible Space 5,183 - 5,183 SF
  • Available Date Immediate
  • Renewal Option Yes
  • Sublease No
broker
Greg Giacopuzzi

NewMark Merrill Companies

broker
Grant Gomer

NewMark Merrill Companies

1223 South University Drive #230

  • Space Type Office
  • Lease Rate Contact for pricing
  • Total Space Available 1,814 SF
  • Floor 2
  • Divisible Space 1,814 - 1,814 SF
  • Available Date Immediate
  • Renewal Option Yes
  • Sublease No
broker
Greg Giacopuzzi

NewMark Merrill Companies

broker
Grant Gomer

NewMark Merrill Companies

1223 South University Drive #240

  • Space Type Office
  • Lease Rate Contact for pricing
  • Total Space Available 8,940 SF
  • Floor 2
  • Divisible Space 8,940 - 8,940 SF
  • Available Date Immediate
  • Renewal Option Yes
  • Sublease No
broker
Greg Giacopuzzi

NewMark Merrill Companies

broker
Grant Gomer

NewMark Merrill Companies

Contacts

broker
Grant Gomer

NewMark Merrill Companies

broker
Greg Giacopuzzi

NewMark Merrill Companies

Building Details

  • For Lease Contact for pricing
  • Property Type Retail - Community Center
  • Property Size 182,256 SF
  • Lot Size 11.95 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1996
  • Date Updated Apr 28, 2026

Getting Around

  • Walk Score ®

    Very Walkable (73)
  • Transit Score ®

    Some Transit (42)
  • Bike Score ®

    Very Bikeable (83)
Powered by Walk Score ®

Location

  • City Riverside, CA
  • Neighborhood University
  • Zip Code 92507
  • Market Inland Empire
  • Map
  • Street

Points of Interest

Moreno Valley/March Field

5.21 miles

Pedley

7.93 miles

San Bernardino–Tippecanoe

8.08 miles

San Bernardino Depot

9.01 miles

Redlands–Esri

9.99 miles

Arco

0.09 miles

Shell

0.12 miles

ARCO

0.50 miles

76

0.54 miles

Downs Energy

1.84 miles

7-Eleven

2.01 miles

Riverside Supercharger

2.19 miles

Riverside - Canyon Springs Parkway Supercharger

4.06 miles

eVgo

7.14 miles

Lot 1

0.36 miles

Red Parking Space

0.45 miles

Lot 24

0.46 miles

Lot 19

0.49 miles

Lot 30

0.49 miles

Lot 25

0.55 miles

Grocery Outlet

0.66 miles

Stater Bros.

0.69 miles

Goodwin's Organics

1.31 miles

Ralphs Fresh Fare

1.44 miles

Smart & Final

1.62 miles

Clark’s Nutrition and Natural Foods Market

2.33 miles

Maxi Foods Market

2.39 miles

Target

3.18 miles

Trader Joe's

3.20 miles

1223 University Avenue Listing Summary

  • The Price for Retail Space at 1223 University Avenue

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. For details on asking rent or information on other costs, use the contact form available on this page to reach out to the property representative.

    1223 University Avenue is located in the University neighborhood, which is home to a total of 9 retail listing(s). In the case of most businesses that need retail space, access to potential customers is critical. This can come in the form of retail space situated in high-traffic pedestrian areas, or convenient suburban locations with good public transport or plenty of parking. Reach out to the listing broker for information on best parking and other access options at or near the property.

  • Retail Space Options Available at 1223 University Avenue

    Mixed-use buildings combining two or more commercial real estate asset types can have more potential in attracting and retaining retail customers. Commercial space at 1223 University Avenue offers 2 retail listing(s) totaling 42,861 square feet. Additionally, available space at this property includes 12 office space(s) totaling 36,118 square feet.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. 1223 University Avenue offers 1 retail space(s) sized 1,000 square feet or less. Retail space of this size can be a more affordable option for small businesses or for those that don’t have very quick growth expectations. The property includes 1 large retail space(s) of more than 10,000 square feet, which is typically a good choice for businesses that need lots of showroom space or the flexibility to set up specialized operations. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

  • Get to Know the Retail Scene in the University Neighborhood

    1223 University Avenue is located in the University neighborhood of Riverside. The University retail market offers 9 retail listing(s), representing a total of 90,474 square feet of retail space for lease.

    The most common retail type in the University neighborhood is Street Retail, of which the market currently offers 2 space(s). You can also find 1 Restaurant space(s).

    When looking for retail space for your company, picking the right area is essential. Some neighborhoods have a long history of being top shopping destinations in general, while others gain a reputation for strongly representing a specific type of business. In addition to knowing the reputation of your chosen business location neighborhood, it’s also important to know your customer base. For instance, the average University resident is 27 years old, and the median household income here is $75,303 per year.

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