22275 Alessandro Blvd, Moreno Valley, CA
Retail for Sale - $5,200,000 - 9,350 Sq. Ft. on 44866 acres
Property Info
| CIMLS# | 692817 |
| Location 22275 Alessandro Blvd Moreno Valley CA 92553 | |
| Updated | February 3rd, 2014 |
| Type | Retail |
| Price | $5,200,000 |
| Building | 9,350 Sq. Ft. |
| Land | 44866 acres |
Property Description
Fee simple retail building with Self Serve Car Wash business. Self Serve Car Wash can't be sold separate of real estate.
Location Description:
Combination free standing 4 tenant retail building with a Self Service Car Wash located within 3 separate buildings all one fee simple parcel. The 3 buildings are comprised of 1 five bay self wash , 1 building with two drive thru tunnels and 1 canopy building with 5 self serve vacum bays. Located 1/2 mile south of 215 Fwy on Allessandro Blvd at 22275 Alessandro Blvd., Moreno Valley, CA.
Highlights:
>> Built in 2010
>> 1.03 Land Area (acres)
>> NOI (in place including revenue from Self Serve Car Wash) $426,234
>> 8.2% Cap Rate!
>> Easy access to local residential and business traffic
>> 100% occupied
>> State of the Art Self-Service Carwash
>> High Traffic Count: 37,500 CPD
>> Located on the main traffic route for access to the 215 hwy within the city of Moreno Valley
Financials
Seller will only do a all cash transaction, will accept terms to permit time for a new loan.
Sales Info:
>> Cap rate: 8.5%
>> Commision split: 50.0%
>> NOI: $426234