$ 13,999,999
-
$13,999,999
Price -
79,987
SqFt -
10.34
Acre
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About the Listing 30416 - A38917
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.
Listing Highlights for 23571 Sunnymead Ranch Pkwy
Interior Details
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- Water: Public
Exterior Details
- Lot Description: Lot Over 40000 Sqft,No Land Lease
- Garage Capacity: N/A
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Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 260460019
- Tax Year: N/A
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23571 Sunnymead Ranch Pkwy Moreno Valley, CA 92557
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