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Free-Standing Retail Center
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Pending

24990 Alessandro Blvd, Moreno Valley, CA 92553

Newer freestanding retail center with three buildings anchored by Starbucks and currently 89% occupied.

Property Size23,965 SF
Lot Size1.91 Acres
Days on Market120

Property Features for 24990 Alessandro Blvd

General Information

Standard status Pending
Size 23,965 SF
Lot size 1.91 Acres
Property subtype Retail
Occupancy 89%
Listing Agency: Cushman & Wakefield - Irvine Orange County, California
Listed By: Joseph Lising · License #CA 01248258
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 8 at 11:41AM

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 Cushman & Wakefield - Irvine Orange County, California

Investment Insights

Based on property information with market context.

Alessandro Shoppes is a newer constructed, freestanding retail center featuring three retail buildings and approximately 23,965 square feet of leasable space on 1.91 acres. The center is anchored by Starbucks and is currently operating at 89% occupancy, leaving approximately 11% of space available for lease-up.

The property is located at 24990 Alessandro Blvd in Moreno Valley, California, at one of the area’s busiest intersections: Perris Ave & Alessandro Blvd. It offers strong accessibility with reported traffic counts of 22,000+ cars per day on Alessandro Blvd and 28,000+ cars per day on Perris Blvd.

Alessandro Shoppes offers an active retail setting with an anchored tenant and an existing mix of service-focused tenants.

Key Highlights

  • Freestanding retail center at 24990 Alessandro Blvd in Moreno Valley, CA.
  • 3 retail buildings with approximately 23,965 SF of leasable space on 1.91 acres.
  • Anchored by Starbucks and currently operating at 89% occupancy.

Property Analytics

Current Use

Shanghai Express Restaurant Subway Take-out & Catering Piara Pizza Take-out & Catering Alvarez Furniture Furniture & Home Goods Advance America Loan Service

Suggested Use

Top Pick Law Firm Dental Office Grocery & Convenience Store Electrical Service Kitchen & Bath Showroom Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

89%
Occupancy

Location Intelligence

Trade Area within ½ mile

815
Businesses Nearby
180k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 37% Shops & Services 32% Groceries 31%
Food 4 Less Groceries
55,928 visits/mo 0.5 miles
McDonald's Dining
30,841 visits/mo 0.4 miles
ARCO Shops & Services
17,898 visits/mo 0.5 miles
Dairy Queen Dining
16,030 visits/mo 0.1 miles
Quick Quack Car Wash Shops & Services
15,133 visits/mo 0.5 miles

Demographics for 92553, CA

76,761
Population
20,175
Households
3.8
Avg Household Size
30
Median Age
13%
College-Educated
74%
High-School Grad
10.3 sq mi
ZIP Area
7,453
Density / Sq Mi
$71,344
Median Household Income
$36,525
Median Earnings
$1,892
Median Rent
$413,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Newer freestanding retail center with three buildings anchored by Starbucks and currently 89% occupied.
Where is this shopping center located?
The property is located at 24990 Alessandro Blvd Moreno Valley, CA.
What are key features of this property?
This property features: Freestanding retail center at 24990 Alessandro Blvd in Moreno Valley, CA.; 3 retail buildings with approximately 23,965 SF of leasable space on 1.91 acres.; Anchored by Starbucks and currently operating at 89% occupancy.
(949) 372-4896 Call to check price and availability
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