23031 Sunnymead Boulevard, Moreno Valley, CA 92553
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Listed Price :
$2,800,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
2007
Property Description
PRIME RETAIL LOCATION WITH INCOME STABILITY AND VALUE-ADD POTENTIAL.
Positioned at a prime signalized intersection with high visibility from the 60 Freeway, this retail property is an exceptional opportunity for investors or owner-users seeking a versatile and well-located asset. The building is a 3,612-square-foot, two-tenant, potentially three-tenant freestanding building offering flexibility and income stability. Anchored by a long-term tenant, Little Caesars Pizza occupies 1,300 square feet under a secure NNN lease through January 2028. The remaining 2,312 square feet are vacant, offering a flexible space that can remain open or be divided back into two units, depending on the future owner’s vision or business needs. The space is primed for tenant improvements, providing an excellent opportunity to tailor the layout or enhance its value through thoughtful customization. Additionally, the property offers 10 parking spaces conveniently located at the front of the site. Located directly across from the bustling Moreno Valley Mall, this property benefits from a robust retail environment, drawing over 3.5 million square feet of consumer activity in the surrounding area. The region's dense demographics include over 242,000 residents within a 5-mile radius, combined with a growing workforce and proximity to major distribution hubs like the World Logistics Center. Whether as a stable income-producing asset or a space for creative redevelopment, this property provides unmatched potential in one of Southern California’s fastest-growing markets.
Interior Features
Laundry Information |
Location(s) |
None |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Interior Information |
Cooling Type |
Central Air |
Listing Information
Address |
23031 Sunnymead Boulevard |
City |
Moreno Valley |
State |
CA |
Zip |
92553 |
County |
Riverside |
Listing Agent |
Demetrios Kitakis DRE #01984567 |
Courtesy Of |
Kitakis Realty Inc. |
List Price |
$2,800,000 |
Status |
Active |
Type |
Commercial |
Subtype |
Retail |
Structure Size |
N/A |
Lot Size |
14,810 |
Year Built |
2007 |
Listing information courtesy of: Demetrios Kitakis, Kitakis Realty Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 1:52 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.