23031 Sunnymead Blvd - Storefront Retail/Office FOR SALE


Moreno Valley, CA 92553- Moreno Valley West
$1,890,000 USD
626-733-3598
23031 Sunnymead Blvd, Moreno Valley, CA for Sale
$1,890,000 USD
Storefront Retail/Office - FOR SALE
1/17
null | 3.3% Cap Rate

23031 Sunnymead Blvd
Moreno Valley, CA 92553
Moreno Valley West


HIGHLIGHTS

  • Long-term Little Caesars Pizza NNN lease through January 2028
  • Two turnkey suites (±1,156 SF each) ready for immediate occupancy
  • Prime Sunnymead Blvd frontage with strong visibility and signage
  • Located across from Moreno Valley Mall with heavy daily traffic
  • Attractive $1.89M pricing with 3.3% day-one and conservative 7.0% pro forma cap rates

OVERVIEW

PRIME RETAIL INVESTMENT WITH STRONG INCOME AND UPSIDE. Freestanding 3,612 SF retail building on Sunnymead Blvd with freeway visibility from the 60. Anchored by Little Caesars Pizza under a secure NNN lease through January 2028, providing stable in-place income. Two turnkey suites totaling 2,312 SF (±1,156 SF each) are move-in ready for new tenants or an owner-user. The property offers 10 on-site parking spaces, monument signage, and prime exposure across from Moreno Valley Mall. This asset delivers a 3.3% day-one cap and a 7.0% pro forma return at full occupancy, creating excellent upside potential.

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/SF

$523 USD /SF

CAP RATE

3.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Frederick St & Sunnymead Blvd Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

CROSS STREETS

Frederick St

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

C1

APN/PARCEL ID

292-250-039

ASK ABOUT THIS PROPERTY

Demetrios KitakisKitakis Realty, Inc.More Info
626-733-3598

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Demetrios KitakisKitakis Realty, Inc.More Info
626-733-3598

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