12981 Perris Blvd
Moreno Valley, CA 92553
Elite Professional Center · Office Property For Sale

Marcus & Millichap Real Estate Investment Services is pleased to present the Elite Professional Center located in Moreno Valley, California. This investment provides an owner/user or an investor to acquire a Spanishstyle, two-story professional building with an ideal central location within the Inland Empire. At $110 per square foot, a new purchaser will be acquiring this asset significantly below replacement cost. The property offers easy access to Interstate 60 Freeway as well as banking, restaurant, retail and other services. The Elite Professional Center is an approximately 26,250 square foot, twostory professional/office building with elevator service. The property was built in 1990 with a lot size of 1.5 acres of fee-simple land. The property also has fire sprinklers and has excellent street frontage and visibility. The building is located at the northwest corner of the signalized intersection of Perris Boulevard and Eucalyptus Avenue. Office suites range from 401 to 4,875 square feet. Perris Boulevard has an approximate traffic count of 29,922 vehicles per day (2018) and Eucalyptus Avenue has 5,587 vehicles per day. This value-added asset will give the new ownership the ability to reposition and/or occupy a portion of the subject property. An owner/user may also be able to obtain favorable Small Business Administration (SBA) financing taking advantage of today’s low interest rates. Effectively, it may be more economical to own the building rather to lease space elsewhere considering today’s low interest rates and the potential tax advantages of real estate ownership.