12500 Day St

Posted by City of Moreno Valley, CA

Map
Satellite

Development Site

Development Opportunity

Size

0.92 acres

Ownership

Privately Owned

Availability

For Sale
Jeromes 12500 day street page 01 small

Site Description

STRONG INCOME GROWTH: due to the embedded
Yearly Increases, the net operating income is expected to
grow to $560,000 over an anticipated 10-Year hold period.
LONG LEASE TERM: the lease provides over 14-years
(2032) plus Three 5-Year Options to renew.
PRIDE OF OWNERSHIP ASSET: high quality,
meticulously maintained offering with little to no deferred
maintenance, providing essentially no landlord obligations or
oversight.
CONVENTIONAL BUILDING DIMENSIONS: linear
(not deep) building layout enhances the property’s flexibility
and future leasing opportunities.
STRONG MARKET FUNDAMENTALS: Population of
+98,000 people and average household incomes of over
$74,580 within a 3-mile radius.

Documents

General/Comprehensive Plan Designation

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Master Plan/Specific Plan

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Zoning Designation

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Height Limits

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Floor to Area Ratio (FAR)

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Dwelling Units per Acre

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Parking Requirement

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Other Requirement

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Project Readiness

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Incentives

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Costs

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Fee Schedule

Moreno Valley Fee Schedule

Public Investments

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Private Investment

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Local Development Trends & Market Indicators

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12450 Day St, Riverside, CA 92553

3.82 acres (166314.76 sqft)
Owner
DAY MORENO VALLEY
2187 LONE PINE RD, WEST BLOOMFIELD MI 48323
Details
APN: 291590034
Ground Lease

Contact Mike Lee

Mike, from City of Moreno Valley, CA, has more details.

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Created on December 20th, 2018 (last updated 26 days ago)