1340 Perris Blvd
Moreno Valley, CA 92553 Edgemont Gardens

$3,000,000 USD

Land For Sale • 1.05 AC

Property Details

Property Type Land
Lot Size 1.05 AC
Zoning OC

33 Transit Score

70 Walk Score

                
                    Highlights
                
                                High Traffic Location: 28,989 ADT on Perris Blvd.
                            
                                Strong Lease Terms: 20-year Absolute NNN Ground Lease with no landlord responsibilities.
                            
                                Steady Income Growth: 10% rent increases every 5 years.
                            
                                Part of Larger Development: Includes a high-sales projection Shell gas station.
                            
                                Growing Area: ±16,000 housing units planned/under construction nearby.
                            
                                Established Tenant: Splash Express, a trusted car wash brand since 1988.