Raincross Tower
Price
Price on request
Price/Sq Ft
$2.85
Description
Lobby Renovations 100% Completed Raincross Tower is a seven (7) story Class A Office building located in the heart of Downtown Riverside. The building features ±124,826 Square Feet of office space and ±8,742 Square Feet of ground floor retail. Major renovations to include new upgraded lobbies, common areas and restrooms with parking structure and courtyard enhancements
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Financial Details
Market Context
As of Q1 2026, the Inland Empire office market showed cap rates around 4.0%. Source: multiple brokerages Q1 2026 market report.
Projected current pricing
low confidenceModeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 www lee-associates com data (cap rate 4.0%, asking rent trend-adjusted to today).
Compare it against other office listings for lease in Riverside, CA to benchmark pricing and space — view the full market.
Office market FAQ
- What is the typical cap rate for office in Inland Empire?
- About 4.0% as of Q1 2026, per multiple brokerages.
Unified Estimate
Medium ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
Lease Rate & Market Trend
Market report quarterly trend fallbackFIPS 32003
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Rent vs. Market
$2.85
42.6% above market average
Listed at $2.85/sqft/mo vs. market avg $2.00/sqft/mo
Assumptions
- Market comparison: office in riverside, CA
More Office for Lease in Riverside, CA(5)
Office in Riverside, CA
riverside, CA
Price on request
Cap Rate
N/A
Price/SF
2.3/sf
SF
N/A
Cove Office Park
riverside, CA
Price on request
Cap Rate
N/A
Price/SF
1.9/sf
SF
N/A
Office in Riverside, CA
riverside, CA
Price on request
Cap Rate
N/A
Price/SF
1.8/sf
SF
N/A
One Carnegie Plaza
san bernardino, CA
Price on request
Cap Rate
N/A
Price/SF
2.3/sf
SF
N/A
City Center
rancho cucamonga, CA
Price on request
Cap Rate
N/A
Price/SF
2.4/sf
SF
N/A
Documents
Contact Broker
Philip Woodford
Kyle Yocum
Listed by
CBRE System Import