12252 Perris Blvd Moreno Valley, CA 92557-7418

This exceptional Moreno Valley retail investment offers a fee-simple ownership opportunity in a 6,440 square foot, 100% occupied shopping center. The property boasts two NNN-leased tenants: Smiles West Dental and Orthodontics and Provisional Accelerated Learning (PAL) Academy. Built in 1998 and renovated in 2015, this single-story building sits on a 13,068 square foot lot at a signalized intersection of Perris Boulevard and Hemlock Avenue, experiencing high daily traffic counts (37,000 CPD). Its prime location provides excellent visibility and accessibility from the 60 Freeway (113,900 CPD), and benefits from proximity to major national retailers such as CVS, Bank of America, and Dollar Tree. The property's strong tenant lineup, with lease terms including rent bumps, ensures a stable income stream. The current Net Operating Income (NOI) is $199,300, resulting in a 5.06% cap rate. The asking price is $3,986,000. Located in a densely populated area with a high average household income (over $80,000 within a 5-mile radius), this investment presents a compelling opportunity for long-term growth and return. The property's APN is 479-030-054. This is a 1031 exchange eligible property.