24515 Alessandro Blvd
Moreno Valley, CA 92553

High Traffic Counts – ±48,430 cars per day Signalized Intersection – Prominently situated on the corner of Alessandro Blvd & Indian St Monument Signage Included Demographics – 165,800 residents with $91,700 average household income (3-mile radius) Growth Market – With an annual growth rate of 3.44%, Moreno Valley is one of the fastest growing cities in the region. It recently became the 2nd largest city in Riverside County and 21st largest city in California by population. Close Proximity to Regional Industrial Hub + Daytime Population – Moreno Valley is home to over 32 million square feet of industrial space leased to national companies such as Amazon, ALDI, Home Depot, Lowe’s, Ross, Skechers, and more. Purchase financing is available to owner-users through the Small Business Administration. Down payments are as little as 10%. If purchased with 10% down ($140,000), the monthly loan payment is estimated at $8,100/month ($1.15/SF). After accounting for $5,200 of potential monthly gross rent from Suite B (2,600 x $2.00 PSF Gross) the effective cost to occupy the remaining 3,923 SF is just $2,800/month ($0.73/SF). After removing principal paydown ($2,450/month during Year 1) and accounting for just the interest portion of the monthly loan payment, the cost to occupy drops to approximately $350/month, or just $0.09/SF/month - far less than the cost of leasing! As an owner, one can benefit from the potential appreciation of the asset.