MORENO VALLEY’S SHOPPING CENTER DEALS NOW
- $4,046,000
MORENO VALLEY’S SHOPPING CENTER DEALS NOW
- $4,046,000
Description
SHOPPING CENTER IN MORENO VALLEY FOR SALE
| 13121 Perris Blvd Moreno Valley, CA 92553 12,300 SF 100% Leased Retail Building $4,046,000 ($328.94/SF) 6% Cap Rate |
EXECUTIVE SUMMARY
10 Unit shopping center. currently fully leased with 8 different tenants. 2 buildings on property. One inline retail building with 9 different units. One freestanding building on corner of property. Property is located on the corner of Atwood & Perris Blvd. Located aprox. 1 mile South of I-60FWY on major North/South Blvd. (Perris Blvd.). Buyer to cooperate with seller, at no expense to buyer, with a section 1031 exchange.
| PROPERTY FACTS Sale Type Investment Sale Condition 1031 Exchange Property Type Retail Property Subtype Storefront Retail/Office Building Size 12,300 SF Building Class C Year Built 1989 Zoning C – retail commercial zone. mostly retail uses, with some service commercial tenants.Frontage 74’ on Atwood Ave | Price $4,046,000 Price Per SF $328.94 Cap Rate 6% NOI $242,760 Percent Leased 100% Tenancy Multiple Building Height 1 Story Building FAR 0.11 Lot Size 2.64 AC Parking 40 Spaces (3.25 Spaces per 1,000 SF Leased) |
PROPERTY TAXES
| Parcel Number | 482-141-033 | Improvements Assessment | $2,883,368 |
| Land Assessment | $537,930 | Total Assessment | $3,421,298 |
Address
Open on Google Maps- Address: 13121 Perris Blvd Moreno Valley, CA 92553
- Zip/Postal Code: 92553
Contact Information
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- Argossy International Properties
- 760-507-1222
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