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Frederick St & Sunnymead Blvd Center 23031 Sunnymead Blvd 3,612 SF 41% Leased Retail Building Moreno Valley, CA 92553 $2,638,289 CAD ($730.42 CAD/SF) 3.30% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-term Little Caesars Pizza NNN lease through January 2028
- Prime Sunnymead Blvd frontage with strong visibility and signage
- Attractive $1.89M pricing with 3.3% day-one and conservative 7.0% pro forma cap rates
- Two move-in-ready suites totaling approximately 2,137 SF (±835 SF and ±1,302 SF) now available to lease or occupy
- Located across from Moreno Valley Mall with heavy daily traffic
EXECUTIVE SUMMARY
PRIME RETAIL INVESTMENT WITH STRONG INCOME AND UPSIDE.
Located along Sunnymead Boulevard with visibility from the 60 Freeway, this freestanding 3,437 SF retail building offers investors and owner-users a rare blend of income stability and value-add potential. Anchored by a long-term Little Caesars Pizza lease through January 2028, the property provides secure in-place income with additional upside from two move-in-ready suites totaling approximately 2,137 SF (±835 SF and ±1,302 SF) now available to lease or occupy. The building features excellent street visibility, monument signage, and ten on-site parking spaces. Situated directly across from Moreno Valley Mall and surrounded by national retailers, this asset benefits from high traffic counts, dense population, and close proximity to major logistics and distribution centers.
Located along Sunnymead Boulevard with visibility from the 60 Freeway, this freestanding 3,437 SF retail building offers investors and owner-users a rare blend of income stability and value-add potential. Anchored by a long-term Little Caesars Pizza lease through January 2028, the property provides secure in-place income with additional upside from two move-in-ready suites totaling approximately 2,137 SF (±835 SF and ±1,302 SF) now available to lease or occupy. The building features excellent street visibility, monument signage, and ten on-site parking spaces. Situated directly across from Moreno Valley Mall and surrounded by national retailers, this asset benefits from high traffic counts, dense population, and close proximity to major logistics and distribution centers.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,612 SF
Building Class
B
Year Built
2007
Price
$2,638,289 CAD
Price Per SF
$730.42 CAD
Cap Rate
3.30%
NOI
$87,064 CAD
Percent Leased
41%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.34 AC
Zoning
C1
Parking
10 Spaces (2.77 Spaces per 1,000 SF Leased)
Frontage
98’ on Sunnymead Blvd
AMENITIES
- Freeway Visibility
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Little Caesars® Pizza is one of the most iconic brands in the world. With throughout countries and territories across the globe, Little Caesars® Pizza is beloved by millions. Their signature Hot-N-Ready® model allows customers to walk in-and-out in seconds or less with an affordable pizza that is as fresh as it is delicious. In the billion dollar worldwide pizza industry, Little Caesars® Pizza stands out as a brand that has a legacy of helping franchisees thrive, and a path towards an even brighter future of strong growth. Little Caesars® Pizza offers world class support and makes significant investments in new technology to help your business stay relevant with customers. With a straightforward business model enhanced by a strong culture of support and state-of-the-art technology.
- Smoke N Cell
- Retailer
- -
-
$9.99
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Smoke N Cell | Retailer | - | $9.99 | - | - |
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 292-250-039 | Improvements Assessment | $2,906,949 CAD |
| Land Assessment | $370,112 CAD | Total Assessment | $3,277,061 CAD |
PROPERTY TAXES
Parcel Number
292-250-039
Land Assessment
$370,112 CAD
Improvements Assessment
$2,906,949 CAD
Total Assessment
$3,277,061 CAD
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Frederick St & Sunnymead Blvd Center | 23031 Sunnymead Blvd
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