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The Grove - Building 1
Off-Market
1500 Iowa Avenue, Riverside, CA 92507
This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.
- Property Type Office - General Office
- Property Size 50,128 SF
- 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
False
Location
- City Riverside, CA
- Neighborhood Hunter
- Zip Code 92507
- Market Inland Empire
Contacts
Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.
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 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
Mortgages
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.
Asking Rents in Riverside Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $22.93
- 2020 Office Vacancy Rate 10.36%
- 2020 Office Completions (SF)
Riverside Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $189.42
- Y-o-Y Avg. PpSF Change 18.43%
- 2020 Office Sales Volume $80.8M
- 2020 Number of Transactions 7
Tax
- Property Tax in 2021-2022 $105,830
- Market Value* $9,488,987
- Assessed Value $9,488,987
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
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.
When was The Grove - Building 1 last sold?
The Grove - Building 1 was last sold on 09 Jan, 2017.
What is the property tax for The Grove - Building 1?
The property tax for The Grove - Building 1 in 2021-2022 was $105,830.
What is the market value for The Grove - Building 1?
The market value* for The Grove - Building 1 in 2021-2022 was $9,488,987.
*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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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
