University Village
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
Reach out to the broker for more info on lease terms and amenities
True
5 Spaces Available
| Space Name | Space Type | Lease Rate | Total Space | Floor | Lease Type | |
|---|---|---|---|---|---|---|
| 1201 South University Drive #13 | Retail | Price on request | 1,107 SF | 1 | - | |
| 1201 South University Drive #16 | Retail | Price on request | 41,915 SF | 1 | - | |
| 1201 South University Drive #17 | Retail | Price on request | 946 SF | 1 | - | |
| 1201 South University Drive #23 | Office | Price on request | 2,750 SF | 1 | - | |
| 1201 South University Drive #4B | Office | Price on request | 2,272 SF | 1 | - |
1201 South University Drive #13
- Space Type
- Retail
- Lease Rate
- Price on request
- Total Space
- 1,107 SF
- Floor
- 1
1201 South University Drive #16
- Space Type
- Retail
- Lease Rate
- Price on request
- Total Space
- 41,915 SF
- Floor
- 1
1201 South University Drive #17
- Space Type
- Retail
- Lease Rate
- Price on request
- Total Space
- 946 SF
- Floor
- 1
1201 South University Drive #23
- Space Type
- Office
- Lease Rate
- Price on request
- Total Space
- 2,750 SF
- Floor
- 1
1201 South University Drive #4B
- Space Type
- Office
- Lease Rate
- Price on request
- Total Space
- 2,272 SF
- Floor
- 1
Contacts
NewMark Merrill Companies
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
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Walk score 73/100 Very Walkable
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Transit score 42/100 Some Transit
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Bike score 83/100 Very Bikeable
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
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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.
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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.
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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.