Moreno Valley Retail Property For
24200 Sunnymead Blvd Moreno Valley, CA 92553
24200 Sunnymead Blvd, Moreno Valley, CA, 92553
$1,900,000
For Sale
$1,900,000
Prime retail property in Moreno Valley with high traffic exposure.
Property Size4,375 SF
Lot Size0.36 Acres
Price / SF$434.29
Days on Market341
Property Features for 24200 Sunnymead Blvd
General Information
- Standard status
- Active
- Size
- 4,375 SF
- Lot size
- 0.36 Acres
Listing agency
Lifetime Realty Inc
(714) 363-3888
Listed by
Sami Ben Fadhel · License #02001897
(714) 363-3888
Source
Exprealty
Added: Aug 16, 2025 Updated: Jul 6 at 10:03AM Checked: Jul 22 at 10:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lifetime Realty Inc
Investment Insights
Based on property information with market context.
Located at 24200 Sunnymead Boulevard in Moreno Valley, CA, this commercial building offers a prime retail opportunity. The property features 4,375 square feet of fully improved retail space on a lot exceeding 15,000 square feet. Previously a licensed cannabis dispensary, the property includes over $1 million in upgrades. It is situated in a high-demand trade area with excellent street frontage, offering maximum exposure and strong traffic counts. The property is equipped with 12 private parking spaces, a dedicated loading and unloading zone, and a high-end camera surveillance and security system. The location offers proximity to the 60 Freeway and a strong local consumer base. The property's flexible zoning allows for multiple business models, making it suitable for various retail or commercial uses. It presents a turnkey opportunity for a similar business or adaptation to other retail purposes. The property is located in one of the city’s busiest corridors.
Key Highlights
- Fully improved 4,375 sq. ft. retail space on a 15,000+ sq. ft. lot in a high‑traffic location on Sunnymead Boulevard.
- Over $1 million in upgrades, previously operated as a licensed cannabis dispensary, offering a turnkey opportunity or adaptation to other uses.
- Strategic location in a high‑demand trade area with excellent street frontage and proximity to the 60 Freeway.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.8k | $22.80 |
| − Vacancy | −$5.2k | −$1.19 |
| EGI | $94.6k | $21.61 |
| − OpEx | −$23.6k | −$5.40 |
| NOI | $70.9k | $16.21 |
4,375 SF · lease $22.80/SF/yr · vacancy 5.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.01M
$886.5K – $1.18M
NOI $70,922 @ 7.0% cap · market cap 3.73%
Second Best
Retail
$893.0K
$781.4K – $1.04M
NOI $62,512 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,956 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
2nd Chance Bad ...
Loan Service
MoVal Farms: Moreno ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Prime retail property in Moreno Valley with high traffic exposure.
Where is this retail space located?
The property is located at 24200 Sunnymead Blvd Moreno Valley, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Fully improved 4,375 sq. ft. retail space on a 15,000+ sq. ft. lot in a high‑traffic location on Sunnymead Boulevard.; Over $1 million in upgrades, previously operated as a licensed cannabis dispensary, offering a turnkey opportunity or adaptation to other uses.; Strategic location in a high‑demand trade area with excellent street frontage and proximity to the 60 Freeway.
