310-431-5411
12321 Magnolia Ave, Riverside, CA for Rent

$14.40 USD /SF/yr

Retail - For Rent
1/4
1,200-2,450 SF | 2 Spaces

NEW


12321 Magnolia Ave
Riverside, CA 92503
La Sierra South


HIGHLIGHTS

  • Immediate 91 Freeway Access. Minutes from McKinley St and Pierce St on/off ramps to the 91 Freeway for IE and OC connectivity.
  • Flexible Use Configuration Retail, service, showroom, office, or light industrial
  • High-Visibility Signalized Corner- NWC of Magnolia Ave & Buchanan St — one of the highest-traffic corridors in the La Sierra submarket
  • Favorable Parking Ratio 40 surface spaces at 2.81/1,000 SF — well-suited for customer-facing retail and service businesses
  • Strong Retail & Residential Density. Dense surrounding commercial corridor with national tenants, restaurants, and established neighborhoods

OVERVIEW

Buchannan Plaza is a well-maintained, 14,223 SF multi-tenant flex property situated at the high-traffic signalized corner of Magnolia Avenue and Buchanan Street in the La Sierra corridor of Riverside, CA. Suites A and B, totaling approximately 2,445 SF, are now available for lease at $1.20/SF Modified Gross, offering versatile configurations suitable for retail, showroom, service, or office use with drive-in access and ample surface parking. The property benefits from exceptional vehicular visibility and daily traffic counts that rank among the highest in the submarket, with immediate access to the Riverside (91) Freeway via McKinley and Pierce Street on/off ramps. Currently 100% occupied, these newly available units represent a rare leasing opportunity in a proven, high-demand location surrounded by established national retailers and dense residential neighborhoods. Prospective tenants will benefit from competitive lease rates and a landlord open to tenant improvement negotiations.

RENTAL DETAILS

SPACE AVAILABLE

1,200-2,450 SF

# OF SPACES

2

RENT RATE (MO)

$1.20 USD /SF/mo

RENT RATE (YR)

$14.40 USD /SF/yr

LEASE TYPE

Modified Gross

LEASE LENGTH

Negotiable

AVAILABLE

May 01, 2026

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

14,223 SF

YEAR BUILT

1989

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

9

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

M-1

ASK ABOUT THIS PROPERTY

Hythum KiswaniLyon Stahl Investment Real EstateMore Info
310-431-5411

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Hythum KiswaniLyon Stahl Investment Real EstateMore Info
310-431-5411

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.