23571 23579 Sunnymead Ranch Parkway, Moreno Valley, California 92557
  • $13,999,999

Overview

Property ID: AR25266944
  • Retail, Commercial Sale
  • Property Type
  • 79987 Sqft
  • Area Size
  • 1994
  • Year Built

Description

Lakeshore Village Marketplace is a highly visible ±79, 987 SF neighborhood shopping center strategically positioned at the main entrance of the prestigious Sunnymead Ranch community in North Moreno Valley. Offered at $13, 999, 900 (approximately $175/SF), this ±8.04-acre fee-simple retail asset combines stable existing cash flow with meaningful value-add potential. The property features 87% leased shop space (±34, 232 SF) occupied by a strong mix of daily-needs and service tenants including Dollar Tree, Del Taco, Jack in the Box, Bank of America ATM, restaurants, dental, salons, and fitness operators—creating steady foot traffic and resilient, needs-based retail demand. A major highlight of the offering is the ±33, 750 SF former grocer anchor box, currently vacant and representing an exceptional upside opportunity for re-tenanting, subdividing, or full repositioning into grocery, specialty retail, medical, fitness, educational, or entertainment uses. The space has already attracted interest from a national retailer, giving the next owner substantial income growth potential. The center benefits from outstanding surrounding demographics, with 192, 986 residents within a 5-mile radius and an average household income of $86, 748, driven by the dense, established, and stable single-family neighborhoods surrounding Sunnymead Ranch. High visibility, multiple ingress/egress points, abundant parking, and limited nearby competing centers strengthen the property’s long-term performance. Combining strong in-place tenancy with significant value-add upside, excellent location fundamentals, and highly competitive pricing, Lakeshore Village Marketplace represents an attractive acquisition for 1031 exchange buyers, long-term holders, and value-add retail investors seeking a stable, community-anchored retail asset in one of Moreno Valley’s most desirable residential submarkets.

  • Address: 23571 23579 Sunnymead Ranch Parkway
  • City: Moreno Valley
  • State/county: CA
  • Zip/Postal Code: 92557
  • Country: US

Details

Updated on June 12, 2026 at 5:13 pm
  • Property ID AR25266944
  • Price $13,999,999
  • Property Size 79987 Sqft
  • Land Area 10.34 Acres
  • Year Built 1994
  • Property Type Retail, Commercial Sale
  • Property Status Active

Additional details

  • County Riverside
  • Property Type Commercial Sale

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