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Retail Center in Moreno Valley
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23571-23579 Sunnymead Ranch Pkwy, Moreno Valley, CA

Neighborhood shopping center with value-add potential in Moreno Valley.

Property Size79,987 SF
Lot Size8.04 Acres
Price / SF$175.03
Days on Market327

Property Features for 23571-23579 Sunnymead Ranch Pkwy

General Information

Standard status Active
Size 79,987 SF
Lot size 8.04 Acres
Property subtype RETAIL
Listing Agency: CBD Investment Inc.
Listed By: Henry Liu · License #013782889
Source: Moodyscre
Added: Nov 26, 2025 Changed: Sep 3 Last Checked: Aug 7 at 8:16AM

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 CBD Investment Inc.

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Investment Insights

Based on property information with market context.

Lakeshore Village Marketplace is a ±79,987 SF neighborhood shopping center located at the entrance of the Sunnymead Ranch community in North Moreno Valley. The retail asset is situated on approximately 8.04 acres. The property offers existing cash flow with value-add potential. The space has attracted interest from a national retailer, giving the next owner income growth potential.

Key Highlights

  • Highly visible ±79,987 SF neighborhood shopping center.
  • Strategically positioned at the main entrance of the Sunnymead Ranch community.
  • ±8.04 acre fee‑simple retail asset.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$1,142,886
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$22,857,720 $22.9M
Cap Rate 7%
$16,326,943 $16.3M
Cap Rate 9%
$12,698,733 $12.7M
Market Conditions
NOI Build-Up for 79,987 SF
Gross rent
$1.73M $21.60/SF
− Vacancy
−$95.0K −$1.19/SF
EGI
$1.63M $20.41/SF
− OpEx
−$489.8K −$6.12/SF
NOI
$1.14M $14.29/SF
Area
Moreno Valley, CA
Vacancy
5.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$22,857,720
Cap Rate 7%
$16,326,943
Cap Rate 9%
$12,698,733

Alternative Uses

Best Use
Retail
$16.33M
$14.29M – $19.05M (±1% cap)
NOI $1,142,886 @ 7.0% cap · market cap 8.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$27.41M
$23.99M – $31.98M (±1% cap)
NOI $1,918,882 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon

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

Location Intelligence

Trade Area within ½ mile

178
Businesses Nearby
48k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 75% Dining 25%
Dollar Tree Shops & Services
14,475 visits/mo 0.1 miles
Shell Shops & Services
12,433 visits/mo 0.0 miles
Jack in the Box Dining
12,335 visits/mo 0.0 miles
7-Eleven Shops & Services
9,174 visits/mo 0.0 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Strip mall - Neighborhood shopping center with value-add potential in Moreno Valley.
Where is this strip mall located?
The property is located at 23571-23579 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: Highly visible ±79,987 SF neighborhood shopping center.; Strategically positioned at the main entrance of the Sunnymead Ranch community.; ±8.04 acre fee‑simple retail asset.
(626) 688-2208 Call to check price and availability
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