12450 Day

Moreno Valley, CA 92553

Michelle Chen/ Pacific Sterling Realty is pleased to present the fee simple sale of a single tenant retail building with a prime absolute NNN investment property opportunity; the landlord is not responsible for any repairs and maintenance. Pad of the most popular, nearly 300,000 SF TownGate Crossing Shopping Mall in Moreno Valley Perris Submarket. Anchored by Lowe's Home Improvement, surrounding tons of national retailers, department stores, and movie theaters, etc. Tenant has been in the same location in the past 15 years since September 30, 2010. The lease features 10% rental increases every 5 years throughout the lease Option Periods, growing NOI, and hedging against inflation. three (5) year option remains. E-commerce Resistant Service-Related Businesses. Tenant is a franchise of American casual dining restaurant and sports bar with 1,380 locations across all 50 U.S. States and DC.

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