23465 Sunnymead Blvd Moreno Valley, CA 92553
For Sale
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Marcus & Millichap is pleased to present Moreno Valley Plaza, a high-traffic, grocery-anchored shopping center in Moreno Valley, California. This multiple-anchored retail asset spans over 180,000 square feet and is home to a diverse mix of national and credit tenants, including Superior Grocers, Goodwill, BioLife Plasma, Harbor Freight, Office Depot, Big 5, and McDonald’s. Strategically located at a major exit off the Moreno Valley Freeway (60 Freeway), Moreno Valley Plaza features its own signalized intersection on Sunnymead Blvd, maximizing visibility, access, and consumer traffic. Moreover, the Pigeon Pass Exit feeds directly onto Sunnymead Boulevard, further increasing exposure and foot traffic to the center. With 82 percent occupancy, this value-add opportunity is priced on actual income, allowing investors to capitalize on leasing upside and potential break-up strategies. The property benefits from strong tenant retention with long-term stability and high customer loyalty, with 40 tenants in place for over 10 years and 18 tenants for over 20 years. Additionally, 65 percent of the center is occupied by credit tenants, which ensures predictable cash flow and investment security. With its prime freeway access, high-traffic location, strong grocery anchor, and long-standing tenant base, Moreno Valley Plaza represents a premier investment opportunity with significant upside potential in a dynamic Southern California retail market.
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.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.