22350 Cactus Ave - Freestanding FOR SALE


Moreno Valley, CA 92553- Moreno Valley West
$2,815,000 USD
844-585-7684
22350 Cactus Ave, Moreno Valley, CA for Sale
$2,815,000 USD
Freestanding - FOR SALE
1/3
null | 5.15% Cap Rate

22350 Cactus Ave
Moreno Valley, CA 92553
Moreno Valley West


HIGHLIGHTS

  • Strong Performing and Highly Successful Southern California Starbucks Drive-Thru (Contact Agent for Further Details)
  • Excellent Accessibility and Visibility: The property is located on the “going to work side” of Cactus Avenue (38,200 CPD) at the on-ramp to to I-215
  • Freeway Adjacent: Immediate access to the 215 (Escondido) Freeway at Cactus Avenue (158,000 cars per day)
  • Strong Demographics; Across from March Air Force Base (8,000 Employees): The property is supported by a growing customer base
  • Moreno Valley is Home to Corporate Facilities for Fortune 500 and International Companies
  • High Growth, Inland Empire Location: Moreno Valley is the 2nd largest city in Riverside County and one of the fastest growing cities in the region

OVERVIEW

10-Year Lease | 10% Increases Every 5 Years | Half Mile (Morning Drive Side) to 215 Freeway (158K CPD)

FOR SALE DETAILS

PRICE

$2,815,000 USD

PRICE/SF

$1,877 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks | Moreno Valley, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

C

APN/PARCEL ID

297-130-071

ASK ABOUT THIS PROPERTY

Bill AsherHanley Investment GroupMore Info
844-585-7684

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Bill AsherHanley Investment GroupMore Info
844-585-7684

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