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Property profile & analytics
FOR SALE
Shopping centers

23571 Sunnymead Ranch Pkwy Moreno Valley, CA 92557

Built 1994
Property ID
US09-Q032635
No photos on file
For Sale
$13,999,999
23571 Sunnymead Ranch Pkwy, Moreno Valley, CA 92557
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Property summary
AI-generated overview

Lakeshore Village Marketplace is a highly visible ±79,987 SF neighborhood shopping center strategically positioned at the main entrance of the prestigious Sunnymead Ranch community in North Moreno Valley. Offered at $13,999,900 (approximately $175/SF), this ±8.04-acre fee-simple retail asset combines stable existing cash flow with meaningful value-add potential. The property features 87% leased shop space (±34,232 SF) occupied by a strong mix of daily-needs and service tenants including Dollar Tree, Del Taco, Jack in the Box, Bank of America ATM, restaurants, dental, salons, and fitness operators—creating steady foot traffic and resilient, needs-based retail demand. A major highlight of the offering is the ±33,750 SF former grocer anchor box, currently vacant and representing an exceptional upside opportunity for re-tenanting, subdividing, or full repositioning into grocery, specialty retail, medical, fitness, educational, or entertainment uses. The space has already attracted interest from a national retailer, giving the next owner substantial income growth potential. The center benefits from outstanding surrounding demographics, with 192,986 residents within a 5-mile radius and an average household income of $86,748, driven by the dense, established, and stable single-family neighborhoods surrounding Sunnymead Ranch. High visibility, multiple ingress/egress points, abundant parking, and limited nearby competing centers strengthen the property’s long-term performance. Combining strong in-place tenancy with significant value-add upside, excellent location fundamentals, and highly competitive pricing, Lakeshore Village Marketplace represents an attractive acquisition for 1031 exchange buyers, long-term holders, and value-add retail investors seeking a stable, community-anchored retail asset in one of Moreno Valley’s most desirable residential submarkets.

Property profile
Verified
Property type Shopping centers
Year built 1994
UPID US09-Q032635
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
  • The Cupcake & Espresso Bar Cafe & Coffee Shop
  • Bank of America ATM Atm
  • Hair Perfect Hair Salon
  • KWJWD Association Or Organization
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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