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Add a Listing Advertise
  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 Oct 28, 2026
Want more info on this listing?

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Space Name Space Type Lease Rate Total Space Floor Lease Type Expand

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

Signage

Yes

Signage Options

Pylon

Traffic counts

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

I-215 Freeway: 220,000 CPD

Digital pylon sign.

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

Signage

Yes

Signage Options

Pylon

Traffic counts

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

I-215 Freeway: 220,000 CPD

Digital pylon sign.

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

Signage

Yes

Signage Options

Pylon

Traffic counts

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

I-215 Freeway: 220,000 CPD

Digital pylon sign.

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

Signage

Yes

Signage Options

Pylon

Traffic counts

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

I-215 Freeway: 220,000 CPD

Digital pylon sign.

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

Signage

Yes

Signage Options

Pylon

Traffic counts

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

I-215 Freeway: 220,000 CPD

Digital pylon sign.

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

Signage

Yes

Signage Options

Pylon

Traffic counts

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

I-215 Freeway: 220,000 CPD

Digital pylon sign.

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 Oct 28, 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

  • Retail Space Available

    Commercial space at 1223 University Avenue offers 3 retail listings totaling 43,968 square feet. Additionally, available space at this property includes 2 office spaces totaling 5,022 square feet.

  • Space Sizes
    • 1223 University Avenue offers 1 retail space 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 houses 1 retail space in the 1,000 to 10,000 square feet range, which can serve small or medium-sized retail businesses with growth potential.
    • 1223 University Avenue includes 1 large retail space 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.
  • Area Characteristics

    1223 University Avenue is located in the University neighborhood of Riverside. The University retail market offers 11 retail listings, representing a total of 64,987 square feet of retail space for lease.

    The most common retail type in the University neighborhood is University, of which the market currently offers 11 spaces.

    You can also find 5 La Sierra South spaces. Additionally, leasing opportunities here include 4 Magnolia Center spaces.

Contact University Village
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