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Lakeshore Village Marketplace 3 Retail Properties Offered at $19,336,798 CAD in Moreno Valley, CA



Investment Highlights
- Prime Location at the Main Entrance of Sunnymead Ranch
- Former grocer space ideal for re-tenanting or subdivision; active interest from a national retailer.
- Situated on ±8.04 acres with abundant parking and strong daily consumer activity.
- Anchored by essential tenants including Dollar Tree, Del Taco, Jack in the Box, and Bank of America ATM.
- Well below replacement cost; highly appealing to 1031 and long-term investors.
- Surrounded by stable single-family neighborhoods; a true daily-needs community center.
Executive Summary
Lakeshore Village Marketplace is an approximately ±79,987 SF neighborhood shopping center located at the primary entrance of the prestigious Sunnymead Ranch community in North Moreno Valley. Highly visible and positioned on a substantial ±10.34-acre parcel, the property includes an additional ±2.3 acres of undeveloped land, offering a rare opportunity for future ground-up construction, expansion, or new income-generating uses such as medical offices, drive-thru pads, educational facilities, retail pads, or professional services.
The center features a durable mix of daily-needs and service-oriented tenants—including Dollar Tree, restaurants, a Bank of America ATM, dental, beauty, and fitness operators—ensuring consistent consumer traffic and stable neighborhood demand. Strong surrounding demographics further support long-term performance, with 192,986 residents within a 5-mile radius and a 3-mile average household income of $86,748, driven by the large, well-established single-family communities surrounding the Sunnymead Ranch private lake.
A key highlight of the asset is the ±33,750 SF former grocer anchor box, currently vacant and offering exceptional repositioning flexibility. The space is well suited for re-tenanting, subdivision, or conversion to grocery, specialty retail, medical, fitness, education, or entertainment uses. The space has already attracted interest from a national retailer, presenting immediate upside potential for the next owner.
With its irreplaceable location, strong community-driven demand, substantial development land, and highly flexible anchor box, Lakeshore Village Marketplace represents a compelling opportunity for 1031 exchange buyers, value-add investors, and long-term holders seeking a stable, community-anchored retail asset with significant future growth potential in one of Moreno Valley’s most established neighborhoods.
The center features a durable mix of daily-needs and service-oriented tenants—including Dollar Tree, restaurants, a Bank of America ATM, dental, beauty, and fitness operators—ensuring consistent consumer traffic and stable neighborhood demand. Strong surrounding demographics further support long-term performance, with 192,986 residents within a 5-mile radius and a 3-mile average household income of $86,748, driven by the large, well-established single-family communities surrounding the Sunnymead Ranch private lake.
A key highlight of the asset is the ±33,750 SF former grocer anchor box, currently vacant and offering exceptional repositioning flexibility. The space is well suited for re-tenanting, subdivision, or conversion to grocery, specialty retail, medical, fitness, education, or entertainment uses. The space has already attracted interest from a national retailer, presenting immediate upside potential for the next owner.
With its irreplaceable location, strong community-driven demand, substantial development land, and highly flexible anchor box, Lakeshore Village Marketplace represents a compelling opportunity for 1031 exchange buyers, value-add investors, and long-term holders seeking a stable, community-anchored retail asset with significant future growth potential in one of Moreno Valley’s most established neighborhoods.
Property Facts
| Price | $19,336,798 CAD | Number of Properties | 3 |
| Price / SF | $241.75 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 79,987 SF |
| Status | Active | Total Land Area | 11.55 AC |
| Price | $19,336,798 CAD |
| Price / SF | $241.75 CAD / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 79,987 SF |
| Total Land Area | 11.55 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Lakeshore Village Marketplace
23575 Sunnymead Ranch Pky, Moreno Valley, CA 92557 |
Retail | 45,750 SF | 1993 | - |
|
Lakeshore Village Marketplace
23571 Sunnymead Ranch Pky, Moreno Valley, CA 92557 |
Retail | 17,612 SF | 1994 | - |
|
Lakeshore Village Marketplace
23579 Sunnymead Ranch Pky, Moreno Valley, CA 92557 |
Retail | 16,625 SF | 1993 | - |
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