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Property profile & analytics
OFF-MARKET
Neighborhood centers

12190-12240 Perris Blvd Moreno Valley, CA 92557

Built 1989
Property ID
Property summary
AI-generated overview

TS Marketplace offers exceptional retail opportunities in a thriving Perris, CA location. This Food 4 Less-anchored neighborhood center boasts high visibility, situated at the northeast corner of Perris Boulevard and Hemlock Avenue, experiencing over 27,000 cars per day. The property, built in 1989, features a mix of established tenants including Starbucks, O'Reilly Auto Parts, Little Caesars, T-Mobile, and Subway, creating a strong synergy and high foot traffic. Currently, there are three available spaces ranging from 1,020 square feet to a substantial 10,420 square-foot junior anchor space. An additional 1,600 square-foot end-cap space is also available, complete with an outdoor patio area, ideal for restaurants or businesses requiring customer seating. The center benefits from its proximity to the 60 Freeway (approximately 0.20 miles), providing easy access for customers and employees. This prime location serves a substantial population; over 20,752 people reside within a one-mile radius, ensuring a consistent customer base. The property also includes a high-volume gas station, further enhancing its appeal and drawing in additional traffic. This is a rare opportunity to secure retail space in a well-established, high-traffic center with a strong tenant mix. Riverside County location.

Property profile
Verified
Property type Neighborhood centers
Year built 1989
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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