2024 Riverside County Market Report | Page 20

Corona / Eastvale
Riverside / Jurupa Valley
Moreno Valley / Perris Asset Value $ 24.7B 12 Month Sales Volume $ 452M
San Jacinto / Beaumont Asset Value $ 3.8B 12 Month Sales Volume $ 2.5M
Southwest Riverside

Industrial : Submarket Breakdown

Corona / Eastvale
Asset Value
$ 12.3B
12 Month Sales Volume
$ 161M
Inventory SF
39.7M
Riverside / Jurupa Valley
Asset Value
$ 22B
12 Month Sales Volume
$ 168M
Inventory SF
81.2M
Under Construction SF 582K
Under Construction SF 1.4M
CAP Rate
4.70 %
Vacancy Rate
8.00 %
Market Sale Price Per SF
$ 306
Market Rental Rate Per SF
$ 15.38
CAP Rate
4.60 %
Vacancy Rate
7.60 %
Market Sale Price Per SF
$ 266
Market Rental Rate Per SF
$ 13.76
Moreno Valley / Perris Asset Value $ 24.7B 12 Month Sales Volume $ 452M
San Jacinto / Beaumont Asset Value $ 3.8B 12 Month Sales Volume $ 2.5M
Inventory SF 107M
Inventory SF 16.4M
Under Construction SF
3.2M
CAP Rate
4.50 %
Vacancy Rate
9.30 %
Market Sale Price Per SF
$ 225
Market Rental Rate Per SF
$ 11.90
Under Construction SF
-
CAP Rate
4.60 %
Vacancy Rate
4.00 %
Market Sale Price Per SF
$ 229
Market Rental Rate Per SF
$ 11.99
Southwest Riverside
Asset Value
$ 7.0B
12 Month Sales Volume
$ 417M
Inventory SF
24.4M
Under Construction SF
1.0M
CAP Rate
5.20 %
Vacancy Rate
5.00 %
Market Sale Price Per SF
$ 276
Market Rental Rate Per SF
$ 16.29
Coldwell Banker Commercial Land Team 2024 Riverside County Market Report | 11