24200 Sunnymead Blvd
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24200 Sunnymead Blvd
4,375 SF Retail Building Moreno Valley, CA 92553 $4,339,500 CAD ($992 CAD/SF) 4.80% Cap Rate
EXECUTIVE SUMMARY
CANNABIS DISPENSARY. Great opportunity to acquire a recently remodeled and expanded retail facility in Moreno Valley. Current tenant is on a 7 year triple net lease - seller will be creative in putting a deal together. Cannabis license will stay with the building. Seller financing option available.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,375 SF
Building Class
B
Year Built
1985
Price
$4,339,500 CAD
Price Per SF
$992 CAD
Cap Rate
4.80%
NOI
$208,296 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.37 AC
Opportunity Zone
Yes
Zoning
C1 - C1 Zoning: Allows retail stores, restaurants, offices, medical clinics, and more. No heavy industry. Building regulations apply. Parking required.
Parking
10 Spaces (2.29 Spaces per 1,000 SF Leased)
Frontage
65 ft on Sunnymead Ave
AMENITIES
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 481-112-011 | Improvements Assessment | $925,744 CAD |
| Land Assessment | $242,115 CAD | Total Assessment | $1,167,860 CAD |
PROPERTY TAXES
Parcel Number
481-112-011
Land Assessment
$242,115 CAD
Improvements Assessment
$925,744 CAD
Total Assessment
$1,167,860 CAD
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24200 Sunnymead Blvd
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