REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by CBD Investment Inc.
$ 13,999,999
Est. payment /mo
Active
23571 Sunnymead Ranch Parkway Moreno Valley, CA 92557
79,987 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 79,987 sqft
Price per Sqft $175
MLS Listing ID CRAR25266944
HOA Y/N No
Year Built 1994
Lot Size 10.340 Acres
Property Sub-Type Retail
Source Datashare California Regional
Property Description
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-famil
Location
State CA
County Riverside
Interior
Fireplace No
Building
Water Public