WestMar StarburstSouthwest Riverside County Market Trends

Welcome to our Southwest Riverside County Market Trend Report, your go-to resource for staying updated on the dynamic commercial real estate landscape in Temecula, Murrieta, and Southwest Riverside County. Whether you are a business owner, investor, or real estate professional, our comprehensive reports offer valuable insights into the retail, office, and industrial markets in this vibrant region.

The following market trends are dated May 31, 2023.

Temecula
Retail

INVENTORY
SF

8.5 M +0.2%

UNDER CONSTRUCTION SF

54.4 K -100%

12 MO NET ABSORPTION SF

350 K -96.0%

VACANCY
RATE

3.3 % +0.1%

MARKET RENT/SF ANNUALLY

$ 29.65 +5.5

MARKET SALE PRICE/SF

$ 332 +6.3%

MARKET
CAP RATE

5.6 % -0.1%
Office
3.5 M +0%
0 K -
79.6 K -107.7%
4.3 % +0.2%
$ 24.64 +3.9%
$ 222 +4.2%
7.4 % 0%
Industrial
11.2 M +2.6%
266 K -100%
-64.5 K +857.0%
4.4 % -1.8%
$ 14.63 +11.0%
$ 230 +15.6%
4.4 % 0%
Murrieta
Retail

INVENTORY
SF

5.7 M +3.0%

UNDER CONSTRUCTION SF

185 K +49.1%

12 MO NET ABSORPTION SF

125 K -28.5%

VACANCY
RATE

4.7 % +1.2%

MARKET RENT/SF ANNUALLY

$ 26.74 +5.1%

MARKET SALE PRICE/SF

$ 319 +5.6%

MARKET
CAP RATE

5.7 % -0.1%
Office
2 M 0%
0 K 0%
21.2 K -106.8%
5.6 % 0%
$ 27.42 +3.5%
$ 260 +3.1%
7.2 % 0%
Industrial
5.4 M +2.2%
127 K -16.8%
490 K -90.4%
1.2 % +1.2%
$ 16.06 +9.1%
$ 304 +16.8%
4.3 % -0.1%
Southwest Riverside County
Retail

INVENTORY
SF

31.9 M +0.8%

UNDER CONSTRUCTION SF

417 M +16.4%

12 MO NET ABSORPTION SF

755 M -96.9%

VACANCY
RATE

5.1 % +0.6%

MARKET RENT/SF ANNUALLY

$ 25.33 +5.3%

MARKET SALE PRICE/SF

$ 288 +6.0%

MARKET
CAP RATE

6 % -0.1%
Office
8.7 M +0%
0 M 0%
132 K -101.0%
4 % 0%
$ 25.14 +3.9%
$ 229 +3.7%
7.4 % -0.1%
Industrial
59.7 M +9.2%
7 M -48.9%
3.9 M -6.3%
3.1 % +2.5%
$ 12.11 +12.5%
$ 221 +17.5%
4 % -0.1%

Note: +/- refers to the same quarter 1 year ago.

Thriving Commercial Real Estate in Southwest Riverside County

Southwest Riverside County, encompassing cities such as Temecula and Murrieta, is experiencing rapid growth and development. With its strategic location and thriving economy, this area presents exciting opportunities for businesses and investors alike.

Comprehensive Insights for Retail, Office, and Industrial Markets

Our market trend reports provide an essential overview of the key factors shaping the local commercial real estate market. In our monthly reports, we analyze the latest data and trends to keep you informed about market conditions, supply and demand dynamics, rental rates, and property values.

Navigating the Market with Actionable Insights

Whether you are interested in leasing retail space, finding an office location, or exploring industrial properties, our reports cover all major sectors of the commercial real estate market. We delve into the emerging trends, highlight notable transactions, and identify potential investment opportunities. Our goal is to equip you with the knowledge you need to navigate the market successfully.

Valuable Resources and Outbound Links

As a trusted resource, we also provide outbound links to relevant resources and articles, expanding your access to valuable information beyond our reports. We believe in fostering a community of informed professionals, and by sharing these resources, we aim to facilitate your research and decision-making process.

Stay Ahead with Our Monthly Market Trend Reports

Stay ahead of the curve with our monthly market trend reports. Whether you are an entrepreneur looking to establish a presence in Southwest Riverside County or an investor seeking to capitalize on the region’s growth, our reports are an indispensable tool for understanding the ever-changing commercial real estate market.

Your Reliable Partner in Southwest Riverside County

With our focus on delivering accurate and timely insights, we ensure that you have a competitive edge in your commercial real estate endeavors in Temecula, Murrieta, and Southwest Riverside County. Explore our market trend reports today and gain a deeper understanding of the opportunities that await you in this thriving region.

Trust our Monthly Reports for the Latest Updates

Remember, for the latest updates on Southwest Riverside County’s retail, office, and industrial real estate markets, trust our monthly reports. We are your reliable partner in navigating the dynamic landscape of commercial real estate in Temecula, Murrieta, and beyond.

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