24759-24801 Sunnymead Blvd, Moreno Valley CA 92553
ABOUT THIS PROPERTY
Principle Quality Investments is pleased to Present, Las Brisas Shopping Center, a Prime Retail Opportunity on Sunnymead Boulevard with attractive in-place income (8.05% cap rate / 8.92x GRM).
Positioned for visibility and growth at 24759 Sunnymead Boulevard & 24811 Sunnymead Boulevard. This strategically located retail property featuring two buildings with C-1 zoning
and a variety of possibilities for retail, service, and neighborhood-oriented businesses.
Situated in Moreno Valley, right off the 60 Freeway, the property offers an excellent opportunity to establish a presence in an active commercial corridor surrounded by established residential neighborhoods, local businesses, restaurants, shopping, and
everyday services. The convenient location makes the center well positioned to serve both nearby residents and customers traveling through the area.
With two separate buildings, the property provides flexibility for multiple business concepts, tenants, or complementary uses. The C-1 zoning creates opportunities for a range of neighborhood-serving commercial uses, subject to applicable city requirements and approvals.
Investment Highlights
- Attractive Cap Rate & GRM (8.05% / 8.92X)
- Long term leases with Historically Low Vacancy
- CAMS in place for ease of management and lower recurring expenses
- Two separate parcels on large 3.05 acres combined lot(s)
- Below Replacement Cost: Only $158.76 per Sq.Ft.!
- Over $200k in recent capital improvements!
- Value Add Potential with ability to implement annual increases!
- High Traffic Count near 60 FWY +-18,584 Cars Per Day!
- Excellent street exposure with ingress and egress
- Located across from 60 FWY off ramp
- Located near major employers like Amazon fulfillment, University
California Riverside, Loma Linda University Medical Center, Riverside
Medical Center and more!
Download Full Marketing Brochure
$5,156,000
ADDRESS
24759-24801 Sunnymead Blvd, Moreno Valley CA 92553
NUMBER/UNITS:
7
BUILDING SIZE:
32,476 SQ.FT.
PRICE PER Sq.ft:
$158.76
CAP RATE:
8.05%
GRM:
8.92X
LOT SIZE:
133,488 SQ.FT
PROPERTY TYPE:
Shopping Center
ZONING:
C1
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Matthew Guerra
KW Executive
DRE # 02003950












