23571 Sunnymead Ranch Pkwy Moreno Valley, CA 92557
Neighborhood shopping center with value-add potential in Moreno Valley.
Lot size:
10.34 AcresProperty Features for 23571 Sunnymead Ranch Pkwy
General Information
- Property type
- Commercial
- Standard status
- Active
- Lot size
- 10.34 Acres
Building Details
- Year built
- 1994
Source:
Elliman
Listing Agency: CBD Investment Inc. Listing Agent: Henry Liu
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Moreno Valley Retail Investment Opportunity
Lakeshore Village Marketplace is a neighborhood shopping center with approximately 79,987 square feet, positioned at the entrance to the Sunnymead Ranch community in North Moreno Valley. Situated on approximately 8.04 acres, this retail asset combines existing cash flow with value-add potential. The property features 87% leased shop space, totaling approximately 34,232 square feet, occupied by a mix of tenants including Dollar Tree, Del Taco, Jack in the Box, and a Bank of America ATM, as well as restaurants, dental offices, salons, and fitness operators. A highlight of the property is the approximately 33,750-square-foot former grocer anchor box, currently vacant and representing an opportunity for re-tenanting, subdividing, or full repositioning into grocery, specialty retail, medical, fitness, educational, or entertainment uses. The space has attracted interest from a national retailer. The center benefits from surrounding demographics, with 192,986 residents within a 5-mile radius and an average household income of $86,748. The property has multiple ingress/egress points and parking. Lakeshore Village Marketplace is an acquisition opportunity for 1031 exchange buyers, long-term holders, and value-add retail investors seeking a community-anchored retail asset in Moreno Valley.
Location Intelligence
Current Use by Public Records
The Cupcake & Espresso Bar
Cafe & Coffee Shop
Bank of America ATM
Atm
Hair Perfect
Hair Salon
KWJWD
Association Or Organization
Location Insight
- Map
- Local Demand
- City
- Moreno Valley
- County
- Riverside
- State
- California
- Longitude
- -117.2543588
- Latitude
- 33.9684475
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Neighborhood shopping center with value-add potential in Moreno Valley.
Where is this shopping center located?
The property is located at 23571 Sunnymead Ranch Pkwy Moreno Valley, CA.
What is the asking price?
The asking price for this property is $13,999,999.
What are key features of this property?
This property features: - Significant Value-Add Potential: Vacant ±33,750 SF anchor space offers opportunities for re-tenanting, subdivision, or repositioning.; - Strong Existing Cash Flow: 87% leased shop space (±34,232 SF) provides stable income.; - Strategic Location: Positioned at the entrance of the Sunnymead Ranch community in North Moreno Valley.
