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Listed by Demetrios Kitakis • Kitakis Realty Inc.
$2,500,000
Est. payment /mo
Price Dropped by $100K
23031 Sunnymead Boulevard Moreno Valley, CA 92553
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UPDATED:
03/01/2025 02:48 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV-24241381
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.
Location
State CA
County Riverside
Interior
Heating None
Cooling Central Air
Laundry None
Exterior
Utilities Available Sewer Connected, Electricity Connected, Natural Gas Connected
Building
Lot Description Lot 10000-19999 Sqft
Others
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