23571 Sunnymead Ranch Parkway, Moreno Valley, CA 92557
  • MLS#: AR25266944 ( Retail )
  • Street Address: 23571 Sunnymead Ranch Parkway
  • Viewed: 3
  • Price: $13,999,999
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1994
  • Bldg sqft: 0
  • Days On Market: 8
  • Additional Information
  • County: RIVERSIDE
  • City: Moreno Valley
  • Zipcode: 92557
  • Provided by: CBD Investment Inc.
  • Contact: Henry Henry
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Lakeshore Village Marketplace is a highly visible 79,987 SF neighborhood shopping center strategically positioned at the main entrance of the prestigious Sunnymead Ranch community in North Moreno Valley. Offered at $13,999,900 (approximately $175/SF), this 8.04 acre fee simple retail asset combines stable existing cash flow with meaningful value add potential. The property features 87% leased shop space (34,232 SF) occupied by a strong mix of daily needs and service tenants including Dollar Tree, Del Taco, Jack in the Box, Bank of America ATM, restaurants, dental, salons, and fitness operatorscreating steady foot traffic and resilient, needs based retail demand. A major highlight of the offering is the 33,750 SF former grocer anchor box, currently vacant and representing an exceptional upside opportunity for re tenanting, subdividing, or full repositioning into grocery, specialty retail, medical, fitness, educational, or entertainment uses. The space has already attracted interest from a national retailer, giving the next owner substantial income growth potential. The center benefits from outstanding surrounding demographics, with 192,986 residents within a 5 mile radius and an average household income of $86,748, driven by the dense, established, and stable single family neighborhoods surrounding Sunnymead Ranch. High visibility, multiple ingress/egress points, abundant parking, and limited nearby competing centers strengthen the propertys long term performance. Combining strong in place tenancy with significant value add upside, excellent location fundamentals, and highly competitive pricing, Lakeshore Village Marketplace represents an attractive acquisition for 1031 exchange buyers, long term holders, and value add retail investors seeking a stable, community anchored retail asset in one of Moreno Valleys most desirable residential submarkets.
Property Location and Similar Properties
Request More Information
  • All fields are required.
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Additional Parcels Description
  1. 260-460-020
  2. 260-460-021
  3. 260-460-022
Building Area Total
  1. 79987.00
Commoninterest
  1. None
Country
  1. US
Land Use
  1. Retail
Laundry Features
  1. None
Parcel Number
  1. 260460019
Property Type
  1. Retail
Water Source
  1. Public
Year Built
  1. 1994
Year Built Source
  1. Assessor