24515 Alessandro Blvd

For Lease

24515 Alessandro Blvd, Moreno Valley, CA 92553

You can currently find 3 retail space(s) available for lease at 24515 Alessandro Blvd. Designated use type for space listed here includes retail. Current retail listings at this property total 6,523 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at 24515 Alessandro Blvd.

Space Available For Lease 3

Contacts

broker

Albert Lopez

Progressive Real Estate Partners

(909) 230-4500

Property Details

  • Property Type Retail - Freestanding
  • Property Size 7,023 SF
  • Lot Size 0.63 Acre
  • Year Built 1983
  • Date Updated Apr 5, 2024
SEC Alessandro Blvd & Indian St±7,023 SF Freestanding Building with 3 Vacant Units±7,023 SF Freestanding Building with 3 Vacant Units

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Highlights

  • Potential Drive-Thru – Property previously was a bank with drive-thru. (Buyer to Verify With City)
  • Signalized Intersection – Prominently situated on the corner of Alessandro Blvd & Indian St with ±48,430 cars per day
  • Monument Signage Included
  • Strong Demographics – 165,800 residents with $91,700 average household income (3-mile radius)
  • Growth Market – With an annual growth rate of 3.44%, Moreno Valley is one of the fastest growing cities in the region. It recently became the 2nd largest city in Riverside County and 21st largest city in California by population.
  • Close Proximity to Regional Industrial Hub + Daytime Population – Moreno Valley is home to over 32 million square feet of industrial space leased to national companies such as Amazon, ALDI, Home Depot, Lowe’s, Ross, Skechers, and more.
  • Purchase financing is available to owner-users through the Small Business Administration. Down payments are as little as 10%.
  • If purchased with 10% down ($149,000), the monthly loan payment is estimated at $8,620/month. After accounting for $6,200 of potential monthly gross rent from Suites B & C (3,100 x $2.00 PSF Gross) the effective cost to occupy the remaining 3,423 SF is just $2,420, or $0.71/SF.
  • After removing principal paydown ($2,580/month during Year 1) and accounting for just the interest portion of the monthly loan payment, the cost to occupy drops to below $0!
  • As an owner, one can benefit from the potential appreciation of the asset.

Attachments

Getting around

  • 70/100

    Walk Score ®

  • 33/100

    Transit Score ®

  • 53/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Moreno Valley, CA
  • Zip Code 92553
  • Market Inland Empire

Points of Interest

  • Moreno Valley/March Field

    3.09 miles

  • Riverside–Hunter Park/UCR

    8.06 miles

  • Riverside–Downtown

    8.77 miles

  • Downtown Perris

    9.28 miles

  • Circle-K

    1.11 miles

  • Thrifty

    1.55 miles

  • Shell

    2.00 miles

  • Chevron

    2.05 miles

  • 76

    2.12 miles

  • Shell

    2.17 miles

  • 7-Eleven

    2.18 miles

  • ARCO

    2.49 miles

  • Costco Gasoline

    2.73 miles

  • Chevron

    2.87 miles

  • Staff Parking

    2.31 miles

  • Visitor Parking

    2.32 miles

  • Pigeon Pass Park And Ride

    2.35 miles

  • Towngate / Moreno Valley Mall Park And Ride

    2.40 miles

  • Physician Parking

    2.45 miles

  • Parking Lot A

    2.69 miles

  • Parking Lot C

    2.73 miles

  • Student Permit Parking B

    2.77 miles

  • Parking Lot D

    2.80 miles

  • Accessible Parking Lot "G"

    2.81 miles

  • Taco Bell

    0.64 miles

  • Domino's

    1.56 miles

  • Tijuana's Tacos

    1.56 miles

  • Brandon's Diner

    1.57 miles

  • Our Place

    1.58 miles

  • Black Bear Diner

    1.58 miles

  • Burger King

    1.59 miles

  • Sizzler

    1.60 miles

  • Denny's

    1.61 miles

  • Salley's Alley

    1.66 miles

  • Superior

    1.59 miles

  • Palm Plaza Moreno Valley

    1.60 miles

  • Big Lots

    1.73 miles

  • Stater Bros.

    2.26 miles

  • Sears

    2.48 miles

  • Moreno Valley Mall

    2.57 miles

  • WinCo Foods

    2.60 miles

  • JCPenney

    2.61 miles

  • Macy's

    2.71 miles

  • ALDI

    2.76 miles

24515 Alessandro Blvd Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at 24515 Alessandro Blvd asks $1.75/SF/MO per square foot.

  • The property includes 6,523 square feet of retail space for lease. Of this total, 6,523 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Albert Lopez

Progressive Real Estate Partners

(909) 230-4500

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  2. 2Extra information