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Polly's Pies 12625 Frederick St 6,441 SF Retail Building Moreno Valley, CA 92553 $3,400,000 ($527.87/SF)
INVESTMENT HIGHLIGHTS
- Adjacent to the Moreno Valley Mall
- Free-standing restaurant building
- Regional retail location just off the 60 Freeway
EXECUTIVE SUMMARY
Lee & Associates – Newport Beach is pleased to exclusively offer for sale the single tenant free-standing restaurant building located at 12625 Frederick St, Bldg M, in Moreno Valley, CA. The property has been operating as a Polly Pie’s restaurant since 2013 and will continue operations until close of escrow where it will be delivered vacant.
The ±6,441 sq ft free-standing restaurant building is on an out-pad to the Moreno Valley Mall and located just across the parking lot from Regency Theaters’ TownGate 8. Incredible opportunity to purchase a free-standing building at a signalized intersection with plentiful parking in the heart of Moreno Valley’s regional retail hub.
The ±6,441 sq ft free-standing restaurant building is on an out-pad to the Moreno Valley Mall and located just across the parking lot from Regency Theaters’ TownGate 8. Incredible opportunity to purchase a free-standing building at a signalized intersection with plentiful parking in the heart of Moreno Valley’s regional retail hub.
PROPERTY FACTS In Escrow
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
6,441 SF
Building Class
C
Year Built/Renovated
2004/2013
Price
$3,400,000
Price Per SF
$527.87
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.64 AC
Opportunity Zone
Yes
Zoning
C
Parking
50 Spaces (7.76 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 291-570-011 | Improvements Assessment | $1,103,271 |
| Land Assessment | $299,717 | Total Assessment | $1,402,988 |
PROPERTY TAXES
Parcel Number
291-570-011
Land Assessment
$299,717
Improvements Assessment
$1,103,271
Total Assessment
$1,402,988
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Polly's Pies | 12625 Frederick St
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