Property Overview:
This fully leased Medical Office Building at 14114 Business Center Dr, Moreno Valley, CA offers 19,524 SF of prime medical office space for $6,300,000 ($323/SF) with a 6.34% Cap Rate.
The property features solar panels, stable tenants, and seller financing available with 50% down.
All tenant improvements are completed for medical use, and the building is 100% occupied with leases to be assigned through escrow. With 102 parking spaces and a 1.62-acre lot, this property presents an excellent investment opportunity or medical practice location.
Prime Location:
Located at 14114 Business Center Dr., this property is at the heart of Moreno Valley, one of Southern California’s fastest-growing cities.
Thriving Economy: With over 4,500 businesses and a strong 4.31% annual growth rate, Moreno Valley is a hub for opportunity.
Affluent Demographics: Boasting an average household income of $109,091, with over 22,000 households earning $100,000 or more, the area supports a highly educated and professional workforce.
Unmatched Accessibility: Centrally positioned at the crossroads of SR-60 and I-215, this location offers swift access to Los Angeles, Orange County, San Diego, and even neighboring states like Arizona and Nevada.
Dynamic Retail Scene: Home to two regional shopping centers and over 40 plazas featuring major retailers like Costco, Macy’s, and Lowe’s.
Pro-Business Environment: Known for its concierge-level business services and fast-tracked development approvals, Moreno Valley is a magnet for Fortune 500 and international companies.
This vibrant location offers a blend of economic strength, strategic access, and community appeal—making it the perfect foundation for your investment.
"Senior Management Analyst, Economic Development & Housing." City of Moreno Valley, Dec. 2024
Tenant Mix:
Pediatricians
Infectious Diseases Doctor
Pediatric Physical Therapy Business
Internal Medicine Doctor
General Dentist
Lease Structure:
Tenants are secured with lengthy NNN leases, ensuring a steady and reliable revenue flow.
This property is a golden opportunity for astute investors looking for consistent income and long-term profitability.
Area Surrounding The Property
Moreno Valley is a rapidly growing city located in Riverside County, California, known for its diverse economy and business-friendly environment.
The property is situated in the Moreno Valley Business Center, a well-established commercial area that houses a variety of businesses, including warehouses, distribution centers, and office spaces.
Nearby amenities include the Moreno Valley Mall, a popular shopping destination with a mix of retail stores and dining options, providing convenience for employees and visitors to the area.
The location offers easy access to major transportation routes, such as the 60 and 215 freeways, facilitating the movement of goods and people in and out of the business center.
Moreno Valley is home to a diverse workforce, with a range of skilled labor available in industries such as logistics, healthcare, and manufacturing, making it an attractive location for businesses looking to expand or relocate.
