Riverwalk Medical Office Building

Off-Market

4244 Riverwalk Pkwy, Riverside, CA 92505

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  • Property Type Office - Medical Office
  • Property Size 37,621 SF
  • Lot Size 2.86 Acre
  • Parking Spaces Avail. 150
  • Parking Ratio 4.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2009

Contacts

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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
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Documents

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Sales

  • Purchase Date 19 Dec, 2017
  • Purchase Price
  • Arm's Length True
  • Buyer Name

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
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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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 ®

    58/100 Somewhat Walkable
  • Transit Score ®

    30/100 Some Transit
  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • City Riverside, CA
  • Neighborhood La Sierra
  • Zip Code 92505
  • Market Inland Empire

Points of Interest

  • Riverside–La Sierra

    1.45 miles

  • Corona–North Main

    4.18 miles

  • Pedley

    5.30 miles

  • Corona–West

    6.89 miles

  • Riverside–Downtown

    8.74 miles

  • Chevron

    0.08 miles

  • 76

    0.38 miles

  • Arco

    1.18 miles

  • eVgo

    1.38 miles

  • Arco

    1.45 miles

  • Chevron

    1.46 miles

  • Western Gas

    1.65 miles

  • Mobil

    1.72 miles

  • Shell

    1.76 miles

  • Circle K

    1.85 miles

  • South Pierce Street - 3 hour parking

    0.43 miles

  • Lot B

    0.44 miles

  • Lot A - 1 hour Visitor Parking

    0.53 miles

  • Lot N

    0.53 miles

  • Lot A

    0.55 miles

  • Lot P - Staff only

    0.56 miles

  • Lot P - Staff Only

    0.58 miles

  • Lot M Annex

    0.60 miles

  • Lot M

    0.61 miles

  • Lot L

    0.63 miles

  • Hampton Inn & Suites

    0.05 miles

  • Ayres Hotel Corona East

    1.73 miles

  • Rodeway Inn

    1.78 miles

  • Simply Home Inn and Suites

    2.56 miles

  • Garden Inn

    3.24 miles

  • Knights Inn

    3.95 miles

  • WoodSpring Suites

    3.98 miles

  • Fairfield Inn & Suites by Marriott Riverside Corona/Norco

    4.06 miles

  • SpringHill Suites

    4.35 miles

  • America's Best Value Inn

    4.39 miles

  • Carl's Jr.

    0.06 miles

  • Subway

    0.97 miles

  • Little Caesars

    0.98 miles

  • Pizza Hut

    1.00 miles

  • Del Taco

    1.02 miles

  • Wienerschnitzel

    1.03 miles

  • Domino's

    1.03 miles

  • Rodrigo's Mexican Grill

    1.05 miles

  • Taiyos Sushi & Poki

    1.07 miles

  • Jack in the Box

    1.09 miles

  • Phillip M. Stokoe Elementary School

    0.26 miles

  • Christa S McAuliffe Elementary School

    0.57 miles

  • La Sierra University Campus

    0.61 miles

  • San Pasqual School House

    0.72 miles

  • Alvord Continuation High School

    0.91 miles

  • La Sierra Academy

    0.94 miles

  • La Sierra High School

    1.07 miles

  • Hillcrest High School

    1.16 miles

  • Collett Elementary School

    1.19 miles

  • Allan Orrenmaa Elementary School

    1.27 miles

  • Kids Unlimited Children's Center

    4.37 miles

  • QCS Corona del Rey Child Development Center

    5.36 miles

  • Little Steps Montessori Preschool

    5.48 miles

  • Stonebridge Christian Academy

    5.76 miles

  • Live Oak State Preschool

    9.93 miles

Frequently Asked Questions

What is the total square footage of Riverwalk Medical Office Building?

Riverwalk Medical Office Building totals 37,621 square feet.

When was this property built?

Riverwalk Medical Office Building was built in 2009.

When was Riverwalk Medical Office Building last sold?

Riverwalk Medical Office Building was last sold on 19 Dec, 2017.

What is the property tax for Riverwalk Medical Office Building?

The property tax for Riverwalk Medical Office Building in 2022-2023 was $171,052.

What is the market value for Riverwalk Medical Office Building?

The market value* for Riverwalk Medical Office Building in 2022-2023 was $14,641,183.
*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.

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