12125 Day St
Moreno Valley, CA 92557

Property tours will be held during the below times/dates, alternate dates can be accomodated: Thursday, October 12, 2017 10:30am-12:00PM Thursday, October 26, 2017 11:00am-1:00PM Thursday, November 2, 2017 10:30am-12:30PM Investment Highlights: Located in the Regional Retail Hub of Moreno Valley Situated within a large existing multi-tenant center Constant street traffic on the major corridor of Day Street Investment Overview: Ten-X is pleased to present the opportunity to acquire the fee simple interest in a well-located, highly functional retail building (the Property) designed as a movie theater and also formerly utilized by a church. The Property is currently vacant and is ideally suited to an investor or an owner/user that can occupy The Property for its own purposes, with a flexible and functional configuration that that is conducive to a variety of uses. This asset would accommodate a reuse or repositioning strategy given its location within the Canyon Springs Plaza shopping center and investors interested in a value-add opportunity can utilize local market knowledge and aggressively employ leasing expertise to reposition The Property, then hold for cash flow, or sell This asset would accommodate a reuse or repositioning strategy given its location within the Canyon Springs Plaza shopping center and investors interested in a value-add opportunity can utilize local market knowledge and aggressively employ leasing expertise to reposition The Property, then hold for cash flow, or sell for capital appreciation. There is no existing debt on The Property, allowing the purchaser to obtain new financing, pay all cash, or 1031 exchange into the property. With interest rates at historic lows, this provides a great opportunity to lock in low long-term debt and help investors realize significant leveraged returns. The 28,300 square foot building was constructed in 1995 and is positioned on a large 2.07 acre site with +/- 150 surface parking spaces. The property is also adjacent to the Moreno Valley Mall and Canyon Crossings Shopping Center in the regional retail hub of Moreno Valley, with average daily traffic count of over 21,000 vehicles per day on Day Street and over 132,000 vehicles per day on State Route 60, located only one block south of The Property.