T-Mobile And Shops
Moreno Valley, CA 92555
Building J · Retail Property For Sale

High-Quality, Recently Constructed Retail Strip Center * Quality Retail Strip Center – T-Mobile & Shops is an approximately 13,800 SF quality retail center, 75% leased to 4 retail, service and restaurant tenants including T-Mobile, Audeo Charter School, Menchies and Visterra Credit Union * Out-Parcel to Stoneridge Towne Centre – Shops J is an out-parcel retail pad in the Stoneridge Towne Centre, a 431,000 SF Super Target and Kohl’s-anchored community center * Income Growth – Net Operating Income is expected to increase more than $155,400 (55%) over the anticipated 10-year hold period * Strong Inflation Hedge – Schedule rental increases plus the lease up of vacant space (3,443 SF) produce high NOI growth, enhancing future cash on cash returns and providing a strong hedge against inflation in a tangible, dependable asset Low Management Hassle * Income Stream Diversity – Multi-tenant strip center with NNN leases. No tenant accounts for more than 29% of the project’s square footage or income * NNN Expense Pass Through – Tenants pays 100% of all repairs and maintenance making T-Mobile & Shops, perfect for out of town investors * Recently Constructed – High-quality 2007 construction with no deferred maintenance