12190-12240 Perris Blvd Moreno Valley, CA 92557
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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