Investment Highlights
Executive Summary
Long term owners selling net leased property creating an opportunity for new investors to collect rent, or potentially create new business ventures on an owned site. Located on bustling Sunnymead Blvd., the major artery of business in Moreno Valley. Very high traffic count of 31.8 and a walk score of 68. Iconic location in the midst of the "One of the most dynamic economic market potentials in contemporary California" per the city's home page, Grab the chance in a market that is about to explode. Property is less than a mile from the Perris Blvd exit off the 60 fwy. Across from a Bowlero and the Rio Rancho Super Mall. According to the U.S. Census Bureau, the population of Moreno Valley, California was 208,634 in 2021. This is an increase of 3.46% since the 2010 census, which recorded a population of 193,3652. Moreno Valley is the 20th largest city in California and the 109th largest city in the United States2. It is part of the San Bernardino-Riverside Metro Area, also known as the Inland Empire, which has a metro population estimated at 4.2 million.Cash, cash to new loan or owner may carry with substantial down payment.