$1,325,000
$1,500,000
11.7%For more information regarding the value of a property, please contact us for a free consultation.
23071 Sunnymead BLVD Moreno Valley, CA 92553
0.42 Acres Lot
Key Details
Sold Price $1,325,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV24215089
Sold Date 01/03/25
HOA Y/N No
Year Built 1976
Annual Tax Amount $4,655
Tax Year 2023
Lot Size 0.420 Acres
Lot Dimensions Assessor
Property Description
This property is leased to Enterprise Rent-A-Car, a globally recognized tenant with locations across Europe, Latin America, the Caribbean, Asia-Pacific, and the U.S. With over 8,000 locations worldwide, the investment potential is strong, particularly due to the tenant's long-term lease and renewal options. The property includes a well-maintained 2,250 SF freestanding building on a 0.42-acre (18,295 SF) lot, with all utilities and property taxes covered by the tenant. Enterprise has occupied the building since 2016, making this a low-maintenance, reliable investment. The location also benefits from a daily traffic count of 21,929. Please do not disturb the tenant.
Location
State CA
County Riverside
Area 259 - Moreno Valley
Zoning C-1
Interior
Fireplace No
Laundry None
Exterior
Fence Wrought Iron
Utilities Available Electricity Connected, Phone Connected, Water Connected
Present Use Commercial
Building
Lot Description 0-1 Unit/Acre, Landscaped, Yard
Story 1
Water Public
Others
Tax ID 292250017
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with ALEX ODDO • SIMPLE REAL ESTATE GROUP