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24990 Alessandro Blvd
Moreno Valley, CA 92553

Starbucks Anchored Retail Center | Value-Add · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Internet-resistant with services tenants anchoring the center; Metro PCS Cell Tower Included
  • The 10-mile population is estimated to grow 4.6% over the next 5 years, from 577,694 to over 606,000+
  • Immediate value-add opportunity with lease-up of vacant space-22%
  • Recently remodeled retail shopping center with ±23,792 SF of leasable area on a total of 1.91 acres
  • Scheduled retail increases during in-place leases for cashflow growth year-over-year
  • Please Visit https://rebrand.ly/alessandro_shoppes to download the Offering Memorandum

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
23,792 SF
Building Class
B
Year Built
1987
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.52
Lot Size
1.05 AC
Zoning
CPS
Parking
80 Spaces (6.1 Spaces per 1,000 SF Leased)
Frontage
149 FT on Alessandro Blvd

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection

PROPERTY TAXES

  • Listing ID: 25194159

  • Date on Market: 3/7/2022

  • Last Updated:

  • Address: 24990 Alessandro Blvd, Moreno Valley, CA 92553