The Grove - Building 1

Off Market

1500 Iowa Avenue, Riverside, CA 92507

  • Office
  • General Office
  • 50,128 Sqft

The Grove - Building 1, Riverside, CA 92507 - Office Space

The Grove - Building 1 is located at 1500 Iowa Avenue in the Hunter neighborhood, CA, Riverside, 92507. The Class A Office building was completed in 2006 and features a total of 50,128 Sqft.

There are 46 office spaces for lease in the Hunter neighborhood, totaling 267,980 Sqft of available office space. The office space availability for the 92507 zip code is 327,714 Sqft, in 77 office spaces. The average asking office rent per sq. ft. in Hunter is $21.02/sqft/year. For Class A office buildings the average office rate is $23.55/sqft/year, for Class B office buildings the average office rate is $22.7/sqft/year, for Class C office buildings the average office rate is $14.3/sqft/year.

In Hunter, there are 6 class A office buildings. In Hunter, there are a total of 3 LEED certified office buildings. In 2006, the same year The Grove - Building 1 was built, 43 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Riverside, featuring 1,556,009 square feet of commercial space. At zip code level, there are 155 commercial properties, of which 23 are office buildings over 50,000 square feet.

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Nearby Properties

Details

  • City Riverside
  • Neighborhood Hunter
  • Zip Code 92507
  • Market Inland Empire
  • Property Type Office - General Office
  • Property Size 50,128 Sqft
  • Lot Size 3.31 Acre
  • Parking Spaces Avail. 262
  • Parking Ratio 5.23/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Certified
  • Building Class A
  • Year Built 2006
  • Date Updated 07 Jan, 2021

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

FREQUENTLY ASKED QUESTIONS

What is the total square footage of The Grove - Building 1?

The Grove - Building 1 totals 50,128 square feet.

When was this property built?

The Grove - Building 1 was built in 2006.

Hunter Demographics

The average household income in zip code 92507 is $66,168, from a total of 17,046 households. In terms of employment, there are 75.34 % white-collar and 24.66 % blue-collar jobs in zip code 92507.

Population

  • Total Population59,152
  • Male Population(49.9 %) 29,519
  • Female Population(50.1 %) 29,633
  • Median Age26.40

Income/Financial

  • Average Household Income$66,168
  • Median Household Income$51,288
  • Median Income Under 25$17,179
  • Median Income 25-44$53,438
  • Median Income 45-64$61,064
  • Median Income Over 65$52,724