Property profile

23962 Alessandro Blvd Ste V Moreno Valley, CA 92553

OFF-MARKET
Drive through restaurants
Property ID
US09-5570916
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The Moreno Valley Commerce Center, located at 23962 Alessandro Blvd, Moreno Valley, CA 92553, presents a compelling investment opportunity. This 111,060 square foot commercial center boasts a diverse mix of retail and office spaces, encompassing six multi-tenant retail buildings, two automotive aftercare buildings, and a convenient drive-through pad. The property is zoned NC (Neighborhood Commercial) and MUN (Mixed-Use Neighborhood Overlay) in Riverside County, offering flexibility for a variety of uses. Currently, the center features prominent anchor tenants, Goodyear Tires and Albertacos Mexican Restaurant, ensuring high visibility and foot traffic. With ample parking (419 spaces) and excellent accessibility, the center enjoys superior visibility and signage, making it highly attractive to businesses. Available spaces range from 495 to 4,080 square feet, catering to a variety of business needs. The center's strategic location within close proximity to high-density residential areas provides a strong customer base for retail and service businesses. This property offers a unique blend of established tenancy and growth potential in a thriving Moreno Valley market. The center's design and location make it an ideal choice for businesses seeking high visibility, convenient access, and a strong local customer base. Contact us today to explore the available spaces and discover the potential of this exceptional commercial property.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
APN 000-271-083
UPID US09-5570916

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bakery Specialty Food Shop
  • Dental Office
  • Tax Preparation
  • (Bike/Boat/Book/etc) Store Printing Service
  • Insurance Agency

Location

23962 Alessandro Blvd Ste V Moreno Valley, CA 92553-8805
Moreno Valley metro Census 42511 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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