Building C at Towngate Crossing 12420 Day St Local commercial 502 m² 100 % Loué À vendre Moreno Valley, CA 92553 3 726 779 € (7 428,65 €/m²) Taux de capitalisation 3,73 %

Building A, B, and C @ Towngate Crossing can be PURCHASED INDIVIDUALLY OR COLLECTIVELY with an Offering Memorandum (OM) available for each portion. There is attractive and assumable financing in place with an existing loan across the 3 portions with a 20-year loan (May 2016 origination) and 3.77% interest rate. An assumption of this existing loan requires Buildings A, B, and C to be purchased together.
* High Quality Retail Pad Opportunities – Building A, B, and C @ Towngate Crossing sit along Day Street (23,000+ CPD) immediately off the 60 Freeway (146,000+ CPD) within Moreno Valley’s vibrant growing retail core that includes major national tenants such as: Costco, Walmart Supercenter, Target, Lowe’s, Sam’s Club, and others that serve the over 256,000 residents (AHI: $111,316) within a 5-mile radius

* Corporate NNN Leases – NNN leased to national and regional credit tenants including Panera Bread, CAVA, T-Mobile, Supercuts, Bright Now! Dental, and Starbucks

* Strong Historical Occupancy – Panera Bread, T-Mobile, and Supercuts have operated for over 10 years, Bright Now! Dental and Nubi Yogurt have operated for over 20 years and 15 years respectively, The Bowl Sushi for over 13 years with Starbucks exceeding 20 years

* Stable Income, Below Market Rents, and Upside – With strong historical occupancy, below market rents, and one 1,300 SF vacancy, the NOI is projected to grow considerably, enhancing future cash on cash returns and providing a strong hedge against inflation in a tangible asset

* High Image Project – With its pad locations and high-quality construction, Towngate Crossing is an extremely high image, pride of ownership property and some of the best retail real estate in the immediate Moreno Valley trade area