University Village

1223 University Avenue, Riverside, CA 92507

Property Information

  • For Lease Contact for pricing
  • Property Type Retail - Community Center
  • Property Size 182,256 SF
  • Lot Size 11.95 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1996
  • Date Updated Apr 28, 2026

Description

University Village is a community center spanning approximately 182,256 square feet on an 11.95-acre lot. Built in 1996, this multi-tenant property offers ample space for retail tenants seeking an established location with diverse leasing opportunities. The site benefits from its expansive layout, making it suitable for businesses of various sizes and formats.

Situated in Riverside's University neighborhood, the property holds a Walk Score of 73 out of 100 points, making it very walkable for businesses and customers alike. Multiple parking options, including Lot 50 and Red Parking Space, are available within 0.5 miles, providing added convenience for tenants. The Riverside–Hunter Park/UCR transportation hub is approximately 1.6 miles away, offering access to regional transit for employees and visitors.

14 Spaces Available

1201 South University Drive #16

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

41,915 SF

Floor

1

Divisible Space

41,915 - 41,915 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Traffic counts

Corner of Iowa Ave. & University Ave: 40,425 CPD

I-215 Freeway: 220,000 CPD

Digital pylon sign.

1201 South University Drive #17

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

946 SF

Floor

1

Divisible Space

946 - 946 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Traffic counts

Corner of Iowa Ave. & University Ave: 40,425 CPD

I-215 Freeway: 220,000 CPD

Digital pylon sign.

1201 South University Drive #202

Space Type

Office

Lease Rate

Contact for pricing

Total Space

1,812 SF

Floor

2

Divisible Space

1,812 - 1,812 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

1201 South University Drive #206A

Space Type

Office

Lease Rate

Contact for pricing

Total Space

1,095 SF

Floor

2

Divisible Space

1,095 - 1,095 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

1201 South University Drive #208

Space Type

Office

Lease Rate

Contact for pricing

Total Space

7,634 SF

Floor

2

Divisible Space

7,634 - 7,634 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Contacts

Grant Gomer

NewMark Merrill Companies

Greg Giacopuzzi

NewMark Merrill Companies

Location

Located at 1223 University Avenue, Riverside, CA 92507, this property is part of the University neighborhood and Inland Empire market.

Contact University Village
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