13978 Old 215 Frontage Rd

13978 Old 215 Frontage Rd , Moreno Valley, California, 92553 | 14,000 sq.f | $ 2,500,000

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About This Restaurant

Investment Highlights

Prime Redevelopment Opportunity (Drive-Thru Uses Permitted without CUP!) Surrounded By Heavy Development of Industrial/Logistic Projects High Traffic Intersection (over 44,000 CPD) Located Approx. 1,000 Ft From 215 Freeway Entrance

Executive Summary

Retail Link Associates is pleased to present this Commercial Development Opportunity with current income in place on month-to-month leases. The Property is zoned Business Flex (BF) which allows for many uses including Drive-Thru Restaurants and Express Car Wash without the need for Conditional Use Permit (CUP). Please see Brochure for additional details or contact Chandler J. Kelley at (949) 874-3228 / Chandler@retaillinkassociates.com

Property Details

  • Sale Type    Investment
  • Sale Conditions    1031 Exchange 1031 Exchange Build to Suit Deferred Maintenance Redevelopment Project 1031 Exchange
  • Property Type    Retail
  • Property Subtype    Freestanding Freestanding General Retail Convenience Store General Retail Fast Food General Retail Restaurant Freestanding
  • Building Size    14,000
  • Building Class    C
  • Year Built    1964
  • Price    2,500,000
  • Price Per SF    179
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    0.38
  • Land Acres    0.84 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • 24 Hour Access
  • Corner Lot
  • Dedicated Turn Lane
  • Freeway Visibility
  • Mezzanine
  • Restaurant
  • Signalized Intersection
  • Drive Thru
  • Storage Space

Property Taxes

Parcel Number 263-220-024 Improvements Assessment $751,189
Land Assessment $732,249 Total Assessment $1,483,438
Date Created: 2024-07-16 04:09:24 Last Updated: 2024-07-16 04:09:24
Address: 13978 Old 215 Frontage Rd , Moreno Valley, California, 92553