23465 Sunnymead Blvd Moreno Valley, CA 92553
High-traffic shopping center with national tenants and freeway access.
Property Features for 23465 Sunnymead Blvd
General Information
- Standard status
- Active
- Size
- 341,011 SF
- Lot size
- 7.83 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1987
Listing office Marcus & Millichap (951) 532-1222
Listing date Jun 18, 2025
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- High‑traffic location with direct freeway (60 Freeway) access and a signalized intersection on Sunnymead Blvd.
- Grocery‑anchored shopping center with Superior Grocers as a key tenant.
- Diverse mix of national and credit tenants, including Harbor Freight, Office Depot, and McDonald’s.
Local Financial Insights For 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 | $7.37M | $21.60 |
| − Vacancy | −$405.1k | −$1.19 |
| EGI | $6.96M | $20.41 |
| − OpEx | −$2.09M | −$6.12 |
| NOI | $4.87M | $14.29 |
Alternative Uses
Property Analytics
Current Use by Public Records
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