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  1. Retail Space
  2. CA
  3. Riverside

University Village

For Lease 48,990 SF

1223 University Avenue, Riverside, CA 92507

Rental Details

  • Number of spaces 5
  • Total square feet available 48,990 SF
  • For Lease Price on request
  • Space Type Retail, Office
  • Latest Update Aug 24, 2026
Want more info on this listing?

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

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5 Spaces Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
1201 South University Drive #13 Retail Price on request 1,107 SF 1 -

1201 South University Drive #13

Space Type

Retail

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

1,107 SF

Floor

1

Divisible Space

1,107 - 1,107 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Turnkey

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

1201 South University Drive #16 Retail Price on request 41,915 SF 1 -

1201 South University Drive #16

Space Type

Retail

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

41,915 SF

Floor

1

Divisible Space

41,915 - 41,915 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Turnkey

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

1201 South University Drive #17 Retail Price on request 946 SF 1 -

1201 South University Drive #17

Space Type

Retail

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

946 SF

Floor

1

Divisible Space

946 - 946 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Turnkey

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

1201 South University Drive #23 Office Price on request 2,750 SF 1 -

1201 South University Drive #23

Space Type

Office

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

2,750 SF

Floor

1

Divisible Space

2,750 - 2,750 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Turnkey

No

1201 South University Drive #4B Office Price on request 2,272 SF 1 -

1201 South University Drive #4B

Space Type

Office

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

2,272 SF

Floor

1

Divisible Space

2,272 - 2,272 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Turnkey

No

1201 South University Drive #13

Space Type
Retail
Lease Rate
Price on request
Total Space
1,107 SF
Floor
1
Space Type

Retail

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

1,107 SF

Floor

1

Divisible Space

1,107 - 1,107 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Turnkey

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

1201 South University Drive #16

Space Type
Retail
Lease Rate
Price on request
Total Space
41,915 SF
Floor
1
Space Type

Retail

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

41,915 SF

Floor

1

Divisible Space

41,915 - 41,915 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Turnkey

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

1201 South University Drive #17

Space Type
Retail
Lease Rate
Price on request
Total Space
946 SF
Floor
1
Space Type

Retail

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

946 SF

Floor

1

Divisible Space

946 - 946 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Turnkey

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

1201 South University Drive #23

Space Type
Office
Lease Rate
Price on request
Total Space
2,750 SF
Floor
1
Space Type

Office

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

2,750 SF

Floor

1

Divisible Space

2,750 - 2,750 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Turnkey

No

1201 South University Drive #4B

Space Type
Office
Lease Rate
Price on request
Total Space
2,272 SF
Floor
1
Space Type

Office

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

2,272 SF

Floor

1

Divisible Space

2,272 - 2,272 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Turnkey

No

Contacts

GG
Grant Gomer

NewMark Merrill Companies

GG
Greg Giacopuzzi

NewMark Merrill Companies

Building Details

  • For Lease Price on request
  • Property Type Retail - Community Center
  • Property Size 182,256 SF
  • Lot Size 11.95 Acre
  • Additional Rent Price on request
  • Property Tenancy Multi-Tenant
  • Year Built 1996
  • Date Updated Aug 24, 2026

Location

  • City Riverside, CA
  • Neighborhood University
  • Zip Code 92507
  • Market Inland Empire
  • Map
  • Street
  • Walk score 73/100 Very Walkable
  • Transit score 42/100 Some Transit
  • Bike score 83/100 Very Bikeable
Powered by Walk Score ®

Points of Interest

Riverside–Hunter Park/UCR

1.58 miles

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

Mobil

0.08 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 50

0.07 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

Food 4 Less

0.52 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

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 12 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 3 retail listing(s) totaling 43,968 square feet. Additionally, available space at this property includes 2 office space(s) totaling 5,022 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. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 1223 University Avenue, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. 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 12 retail listing(s), representing a total of 62,410 square feet of retail space for lease.

    The most common retail type in the University neighborhood is Restaurant, of which the market currently offers 3 space(s). You can also find 2 Street Retail 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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