
22350 Cactus Ave | Moreno Valley, CA 92553
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22350 Cactus Ave
Moreno Valley, CA 92553
Starbucks | Moreno Valley, CA · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Strong Performing and Highly Successful Southern California Starbucks Drive-Thru (Contact Agent for Further Details)
- Freeway Adjacent: Immediate access to the 215 (Escondido) Freeway at Cactus Avenue (158,000 cars per day)
- Moreno Valley is Home to Corporate Facilities for Fortune 500 and International Companies
- Excellent Accessibility and Visibility: The property is located on the “going to work side” of Cactus Avenue (38,200 CPD) at the on-ramp to to I-215
- Strong Demographics; Across from March Air Force Base (8,000 Employees): The property is supported by a growing customer base
- High Growth, Inland Empire Location: Moreno Valley is the 2nd largest city in Riverside County and one of the fastest growing cities in the region
EXECUTIVE SUMMARY
10-Year Lease | 10% Increases Every 5 Years | Half Mile (Morning Drive Side) to 215 Freeway (158K CPD)
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,500 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2023
Price
£2,171,238
Price Per SF
£1,447.49
Net Initial Yield
5.15%
NOI
£111,840
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
0.69 AC
Zoning
C
Frontage
AMENITIES
- Signage
- Drive Thru
- Air Conditioning
PROPERTY TAXES
Parcel Number | 297-130-071 | Improvements Assessment | £277,672 |
Land Assessment | £2,950,261 | Total Assessment | £3,227,932 |
PROPERTY TAXES
Parcel Number
297-130-071
Land Assessment
£2,950,261
Improvements Assessment
£277,672
Total Assessment
£3,227,932
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