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Property profile & analytics
FOR LEASE
Retail space

15025 Perris Blvd Moreno Valley, CA 92551

13,013 SF 1.37 ac lot Built 2006
Individually Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1204041
Property summary
AI-generated overview

This exceptional 13,013-square-foot retail building is situated on a signalized hard corner at the intersection of John F. Kennedy Drive and Perris Boulevard in Moreno Valley, California. The property boasts ample dedicated parking, making it highly accessible for customers. Benefit from significant traffic counts, averaging approximately 22,582 vehicles per day on Cactus Avenue and 31,632 vehicles per day on Perris Boulevard. The location offers convenient access to major transportation arteries, including the 60, 215, and 10 freeways, ensuring excellent connectivity for both employees and customers. Moreno Valley is experiencing robust growth, with a diverse population exceeding 210,000 and a median age of 31.4 years. This dynamic city features a strong local economy driven by a mix of industries, including healthcare, logistics, and manufacturing, and is home to major employers such as Amazon, Skechers, and Procter & Gamble. The entire building is currently vacant, presenting a unique opportunity for a single tenant to establish a significant presence in this thriving market. The property is located in Riverside County, California, with the full address being 15025 Perris Blvd, Moreno Valley, CA 92551. This free-standing building presents a compelling investment opportunity in a high-growth area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Construction WOOD
Total area 13,013 SF
Lot 1.37 ac (59,677 SF)
APN 485-081-035
UPID US09-1204041
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
Current use
Occupant on record · Public records
  • Spirit Halloween (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.86M
Comparable Approach Comparable
$2.68M
Blend (final) Blend
$3.07M
Owner & transaction history
Scp 2006-c23-catx-gl · 19 yrs held
Scp 2006-c23-catx-gl
since 2007
2 recorded transactions
2021
Price N/A
2007
$4.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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