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Frederick St & Sunnymead Blvd Center 23031 Sunnymead Blvd 3,612 SF 100% Leased Retail Building Moreno Valley, CA 92553 $1,890,000 ($523.26/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 Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,612 SF
Building Class
B
Year Built
2007
Price
$1,890,000
Price Per SF
$523.26
Cap Rate
3.30%
NOI
$62,370
Percent Leased
100%
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 is an American multinational pizza chain headquartered in Detroit, Michigan. Founded in 1959 in Garden City, Michigan, the company expanded through franchising beginning in 1962. It operates as part of Ilitch Holdings and is recognized as one of the largest pizza chains in the United States. Little Caesars is widely known for its Hot-N-Ready model, emphasizing quick service and consistent pricing. Over time, the company has grown to thousands of locations across all 50 U.S. states and numerous international markets. Its product lineup includes pizza, breadsticks, and related menu items.
- 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 | $2,061,520 |
| Land Assessment | $262,472 | Total Assessment | $2,323,992 |
PROPERTY TAXES
Parcel Number
292-250-039
Land Assessment
$262,472
Improvements Assessment
$2,061,520
Total Assessment
$2,323,992
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Frederick St & Sunnymead Blvd Center | 23031 Sunnymead Blvd
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