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Listed by Demetrios Kitakis • Kitakis Realty Inc.
$ 2,800,000
Est. payment | /mo
3,612 SqFt
$ 2,800,000
Est. payment | /mo
3,612 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,612 sqft
Price per Sqft $775
MLS Listing ID CRCV24241381
HOA Y/N No
Originating Board Datashare California Regional
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
Location
State CA
County Riverside
Interior
Heating None
Cooling Central Air
Fireplace No
Building
Water Public
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Paul LeJoy
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