Rite Aid 23965 Ironwood Ave

Kidder Mathews is pleased to present for sale, the single-tenant Rite Aid building located on Ironwood Avenue in Moreno Valley. The site is situated on a 4 way signalized intersection that boasts a combined vehicle count of nearly 40,000 cars per day and excellent visibility from all corners of the intersection. The property is located less than a minute drive from highway 60 in a dense, infill market of 216,000 residents within a 5 mile population with a median income level of $92k per year. The building was built in 1999 as a build-to-suit for Rite Aid, with a recent 10 year extension being completed, demonstrating Rite Aid’s commitment to the site. Additionally, there are 2 acres of land with the property, giving an investor significant options for a potential re-development in the future at the end of the lease term, should an
investor determine that a better use would suit the property. Please contact broker for additional details.