Moreno Valley, CA 92553,23031 Sunnymead BLVD
Moreno Valley, CA 92553,23031 Sunnymead BLVD
Moreno Valley, CA 92553,23031 Sunnymead BLVD
55
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$2,800,000
Est. payment /mo
0.34 Acres Lot
Active

23031 Sunnymead BLVD Moreno Valley, CA 92553

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UPDATED:

12/05/2024 01:52 AM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV24241381

HOA Y/N No

Year Built 2007

Lot Size 0.340 Acres

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

Area 259 - Moreno Valley

Interior

Heating None

Cooling Central Air

Fireplace No

Laundry None

Exterior

Fence None

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Concrete,Flat

Present Use Commercial

Building

Story 1

Water Public

Others

Tax ID 292250039

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Demetrios Kitakis • Kitakis Realty Inc. • demetrios@kitakisrealty.com

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Ebony Washington

Agent | License ID: 02158956

+1(559) 554-5772

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23031 Sunnymead BLVD