$13,999,999
( $175.03Per Sq Foot )
 $75,155 est/mo Sourced by Back At You

23571 23579 Sunnymead Ranch Parkway,Moreno Valley, CA 92557

Moreno Valley, CA 92557

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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 operatorscreating 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.

Details

MLS #AR25266944
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1994
Days On Site267
Listing Provided ByCBD Investment Inc. | Henry Liu

Features

SQ Feet79,987
Story(s)1
Acreage10.34

Exterior

Lot FeaturesLot Over40000Sqft

Area Information

StateCA
CountyRiverside
CityMoreno Valley
Zip Code92557
Area259 Moreno Valley
Sourced by Back At You

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StateCA
CountyRiverside
CityMoreno Valley
Zip Code92557
Area259 Moreno Valley
Sourced by Back At You
Listing Updated: July 9, 2026 at 2:40:39 PM PDT