CA > Moreno Valley
Moreno Valley, CA 92557,23571 23579 Sunnymead Ranch Pkwy
Moreno Valley, CA 92557,23571 23579 Sunnymead Ranch Pkwy
Moreno Valley, CA 92557,23571 23579 Sunnymead Ranch Pkwy
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$13,999,999
Est. payment /mo
10.34 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25266944

HOA Y/N No

Year Built 1994

Lot Size 10.340 Acres

Property Sub-Type Retail

Property 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 operators—creating 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 property's 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 Valley's most desirable residential submarkets.

Location

State CA

County Riverside

Area 259 - Moreno Valley

Interior

Fireplace No

Laundry None

Building

Lot Description Lot Over 40000 Sqft

Story 1

Water Public

Others

Tax ID 260460019

Special Listing Condition Standard

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CRMLS – RECore
Listed by Henry Liu CBD Investment Inc. 626-688-2208

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