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12520 Frederick St - Go Car Wash 2,260 SF Specialty Building Offered at $5,015,231 at a 6.50% Cap Rate in Moreno Valley, CA 92553
Investment Highlights
- LONG TERM ABSOLUTE NNN LEASE INVESTMENTS
- STRONG DEMOGRAPHICS WITH OVER $114,000 IN AHHI
- NEARBY TENANTS INCLUDE HOME DEPOT, IN N OUT, RAISING CANE’S, CHIPOTLE, BURLINGTON, BEVMO, AND TJ MAXX
- 16+ LEASE YEARS REMAINING W/ 1.5% ANNUAL INCREASES
- ACROSS FROM ENTRANCE TO THE MORENO VALLEY MALL
- LOCATED AT ACCESS TO 60 FREEWAY - APPROX 130,823 VPD
Property Facts
| Price | $5,015,231 | Building Class | B |
| Price Per SF | $2,219.13 | Lot Size | 0.55 AC |
| Sale Type | Investment NNN | Building Size | 2,260 SF |
| Cap Rate | 6.50% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2010 |
| Property Subtype | Car Wash | Parking Ratio | 4.42/1,000 SF |
| Zoning | C1 | ||
| Price | $5,015,231 |
| Price Per SF | $2,219.13 |
| Sale Type | Investment NNN |
| Cap Rate | 6.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.55 AC |
| Building Size | 2,260 SF |
| No. Stories | 1 |
| Year Built | 2010 |
| Parking Ratio | 4.42/1,000 SF |
| Zoning | C1 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Strong public transit
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 292-250-040 | Improvements Assessment | $2,552,101 |
| Land Assessment | $673,138 | Total Assessment | $3,225,239 |
Property Taxes
Parcel Number
292-250-040
Land Assessment
$673,138
Improvements Assessment
$2,552,101
Total Assessment
$3,225,239
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