Magellan Riverside

Off-Market

2626 Kansas Avenue, Riverside, CA 92507

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 297,455 SF
  • Lot Size 9.95 Acre
  • Parking Spaces Avail. 178
  • Parking Ratio 0.60 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1948

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
Unlock on CommercialEdge

This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge.

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 07 Jun, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Riverside

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Riverside Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $23.93
  • 2021 Office Vacancy Rate 13.07%
  • 2021 Office Completions (SF)

Riverside Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $269.05
  • 2021 Office Sales Volume $59.2M
  • 2021 Number of Transactions 5
View more Riverside market trends

Location

Getting Around

  • Walk Score ®

    31/100 Car-Dependent
  • Transit Score ®

    25/100 Some Transit
  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Riverside, CA
  • Neighborhood Hunter
  • Zip Code 92507
  • Market Inland Empire

Points of Interest

  • Riverside–Downtown

    1.17 miles

  • Riverside–Hunter Park/UCR

    1.45 miles

  • Moreno Valley/March Field

    6.50 miles

  • Pedley

    6.92 miles

  • Rialto

    7.57 miles

  • Tippecanoe Avenue

    8.07 miles

  • San Bernardino Depot

    8.45 miles

  • San Bernardino Transit Center

    8.48 miles

  • Fontana

    8.73 miles

  • Riverside–La Sierra

    8.95 miles

  • 76

    0.69 miles

  • ARCO

    0.91 miles

  • 76

    0.91 miles

  • Kimi

    0.92 miles

  • Kwik Serv

    0.97 miles

  • Arco

    0.98 miles

  • Shell

    0.99 miles

  • 7-Eleven

    1.02 miles

  • Tesla Supercharger

    1.21 miles

  • Shell

    1.29 miles

  • Orange Street Park And Ride

    0.62 miles

  • Mission Lofts

    0.93 miles

  • Metrolink Overflow Parking

    1.02 miles

  • Life Arts Parking - Lot 44

    1.03 miles

  • Lot 16

    1.04 miles

  • Lot 50

    1.41 miles

  • Lot 24

    1.66 miles

  • Staff Only

    1.66 miles

  • Lot V - Staff Only

    1.67 miles

  • Red Parking Space

    1.67 miles

  • The Old Spaghetti Factory

    0.84 miles

  • Sam's Bann Thai

    0.86 miles

  • Burger King

    0.86 miles

  • El Pollo Loco

    0.91 miles

  • McDonald's

    0.91 miles

  • Church's Chicken

    0.93 miles

  • Farmer Boys

    0.93 miles

  • Jack in the Box

    0.93 miles

  • La Boulange

    0.94 miles

  • Winchell's Donut House

    0.96 miles

  • Smart & Final

    0.60 miles

  • Stater Bros

    0.88 miles

  • Vacant

    0.89 miles

  • Food 4 Less

    1.14 miles

  • Maxi Foods Market

    1.34 miles

  • Goodwin's Organics

    2.50 miles

  • Stater Bros

    2.88 miles

  • Trader Joe's

    2.89 miles

  • Rite Aid

    2.91 miles

  • Ralphs

    2.96 miles

  • Eastside Family Health Center

    0.91 miles

  • Walgreens

    0.94 miles

  • Riverside Fire Department Station #4

    0.96 miles

  • CVS Pharmacy

    0.97 miles

  • Riverside Fire Department Station #1

    0.99 miles

  • Riverside Fire Department Station #6

    1.23 miles

  • Riverside County Sheriff's Department

    1.24 miles

  • Riverside Police Department

    1.27 miles

  • Riverside Community Hospital

    1.72 miles

  • Police

    1.79 miles

Frequently Asked Questions

What is the total square footage of Magellan Riverside?

Magellan Riverside totals 297,455 square feet.

When was this property built?

Magellan Riverside was built in 1948.

When was Magellan Riverside last sold?

Magellan Riverside was last sold on 07 Jun, 2021.

What is the property tax for Magellan Riverside?

The property tax for Magellan Riverside in 2022-2023 was $153,177.

What is the market value for Magellan Riverside?

The market value* for Magellan Riverside in 2022-2023 was $13,769,999.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.