23571 23579 Sunnymead Ranch Parkway 23571 23579 Sunnymead Ranch ParkwayMoreno Valley, California92557United States
$13,999,999
Commercial
1 of 14
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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...
CBD Investment Inc.
Listing Courtesy of CBD Investment Inc., Email/Phone : 626-688-2208
$13,999,999
4.18
ha
Exterior
Commercial
Property type
1994
Year Built
AR25266944
Web Id
AR25266944
MLS ID
Moreno Valley Unified
School District
107
days ago
About 23571 23579 Sunnymead Ranch Parkway
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 operatorscreating 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 propertys 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 Valleys most desirable residential submarkets.
Listing Courtesy of CBD Investment Inc., Email/Phone : 626-688-2208
PROPERTY INFORMATION
Water
Public
EXTERIOR
Lot Description
LotOver40000Sqft
Listing Courtesy of CBD Investment Inc., Email/Phone : 626-688-2208
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CBD Investment Inc.
Listing Courtesy of CBD Investment Inc., Email/Phone : 626-688-2208
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