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For Sale SWC Perris Boulevard & Iris Avenue Moreno Valley, CA Sale Price $5,450,000 Greg Jones ǁ President www.JonesRE.net ǁ [email protected] ǁ 562-697-3333 DRE License #00661121 EXCLUSIVELY LISTED BY:

MOR Perris Iris Marketing Pkg.pptx [Read-Only] · 2020. 1. 24. · communities, schools, Westgate Shopping Center, Home Depot, quick-service restaurants and recreational facilities

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Page 1: MOR Perris Iris Marketing Pkg.pptx [Read-Only] · 2020. 1. 24. · communities, schools, Westgate Shopping Center, Home Depot, quick-service restaurants and recreational facilities

For SaleSWC Perris Boulevard & Iris Avenue

Moreno Valley, CA

Sale Price $5,450,000

Greg Jones ǁ Presidentwww.JonesRE.net ǁ [email protected] ǁ 562-697-3333DRE License #00661121

EXCLUSIVELY LISTED BY:

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CONFIDENTIAL OFFERING

The information contained herein does not purport to provide a complete or fully accurate summary of the Property or any of the documentsrelated thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective buyers may need or desire. Allfinancial projections are based on assumptions relating to the general economy, competition, and other factors beyond the control of theOwner and Broker and, therefore, are subject to material variation. This Marketing Package does not constitute an indication that there hasbeen no change in the business or affairs of the Property or the Owner since the date of preparation of the information herein. Additionalinformation and an opportunity to inspect the Property will be made available to interested and qualified prospective buyers.

Neither Owner no Broker no any of their respective officers, Agents or principals has made or will make any representations or warranties,express or implied, as to the accuracy or completeness of this Marketing Package or any of its contents, and no legal commitment orobligation shall arise by reason of the Marketing Package or its contents. Analysis and verification of the information contained in theMarketing Package is solely the responsibility of the prospective buyer, with Property to be sold on as is, where-is basis without anyrepresentation as to the physical, financial or environmental condition of the Property.

Owner and Broker expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase theProperty and/or terminate discussions with any entity at any time with or without notice. Owner has no legal commitment or obligations toany entity reviewing this Marketing Package or making an offer to purchase the Property unless and until such sale of the Property isapproved by Owner in its sole discretion, a written agreement for purchase of the Property has been fully delivered, and approved byOwner, its legal counsel and any conditions to the Owner’s obligations thereunder have been satisfied or waived.

This Marketing Package and its contents, except such information which is a matter of public record or is provided in sources available tothe public (such contents as so limited herein called the “Contents”), are of a confidential nature. By accepting this Marketing Package, youunconditionally agree that you will hold and treat the Marketing Package and the Contents in the strictest confidence, that you will notphotocopy or duplicate the Marketing Package or any part thereof, that you will not disclose the Marketing Package or any of the Contentsto any other entity (except in the case of a principal, who shall be permitted to disclose to your employees, contractors, investors andoutside advisors retained by you, or to third-party institutional lenders for financing sought by you, if necessary, in you opinion, to assist inyour determination of whether or not make a proposal) without the prior authorization of the Owner or Broker, and that you will not use theMarketing Package or any of the Contents in any fashion or manner detrimental to the interest of the Owner or Broker.

The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.

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TABLE OF CONTENTS

Offering Summary 4Area Overview 5Location Map 6Aerial 7Parcel Map 8Site Plan 9Land Use Map 10Demographics 11Market Information 14Development Map 15

TABLE OF CONTENTS

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OFFERING SUMMARY

The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.

SALE PRICE: $5,450,000

MARKET: City of Moreno Valley

LOCATION: The property is located at the signalized, southwest corner on Perris Boulevard and Iris Avenue, in the City of Moreno Valley, County of Riverside, California. The site is surrounded by multifamily communities, schools, Westgate Shopping Center, Home Depot, quick-service restaurants and recreational facilities. This site is easily accessible from Perris Boulevard and Iris Avenue. It is approximately 1 block from the Proctor & Gamble (P&G) Distribution center and 2 miles from the Amazon fulfillment center. The property is also close to March Air Reserve Base.

COMMERCIAL/RETAILOVERVIEW: A perfect development opportunity for a supermarket and other retail. Surrounding retail on the all

other corners with dense residential surrounding the retail and the property.

APNs / ACREAGE: 316-030-014 / 9 acres

ZONING: NC – Commercial/ Neighborhood Commercial

HISPANIC COUNTS: 1 MILE - 15,457 (65.44%) / 2 MILE – 37,599 (62.57%) / 3 MILE – 64,244 (63.10%)

TRAFFIC COUNTS: 24,300 North/South Bound on Perris Blvd.18,800 East/West Bound on Iris Avenue

SERVICES: School: Moreno Valley Unified School DistrictWater/Sewer: Eastern Municipal Water DistrictTrash: Waste Management of Inland ValleyGas: The Gas Company/So Cal GasElectric: Moreno Valley Electric Utility – Southern California EdisonFire: Riverside County Fire DepartmentPolice: Moreno Valley Police Department

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AREA OVERVIEW

CITY OF MORENO VALLEY

The information contained herein has been obtained from the city of Brea’s website. We cannot assume responsibility for its accuracy.

The city of Moreno Valley is 51.5 square miles, located in the western portion of Riverside County, surrounded by Riverside, Perris, March Air Reserve Base, Lake Perris and the Badlands. Elevation: 1,650 Ft.

“People, Pride, Progress” Vision - To transform our young city into a mature community that offers its residents and businesses an unsurpassed quality of life featuring abundant recreation, desirable private and public services, varied residential living choices, and well-paying employment opportunities

Among California’s growing cities; second most populous in Riverside County. Growth can be attributed to a range of quality housing options including high-end executive homes, affordable single-family homes, and condominiums; a family-friendly lifestyle; good schools, impressive quality-of-life amenities and growing job centers.

Moreno Valley’s amenities include: more than 38 parks and/or joint-use facilities (531 maintained acres) and 8,000 acres of open space at Lake Perris; recreational facilities, major medical, and educational facilities; quality housing at affordable prices, open spaces, abundant retail centers, industrial developments, social and cultural activities.

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LOCATION MAP

The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.

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AERIAL

The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.

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PARCEL MAP

The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.

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SITE PLAN

The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.

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LAND USE MAP

The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.

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DEMOGRAPHICS

The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.

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DEMOGRAPHICS

The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.

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DEMOGRAPHICS

The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.

1 Mile 2 Miles 3 Miles

Radius

Population 23,619 60,090 101,805

Hispanic Population 15,457 (65.44%)

37,599 (62.57%)

64,244 (63.10%)

Households 5,856 15,220 26,101

Families 5,008 13,239 22,207

Median Age 30.3 30.4 30.3

Avg. Household Income $63,757 $67,402 $66,646

Daytime Employees 1,625 24,260

Total Businesses 180 1,479

To request information such as reports, plans, surveys, etc. email Greg Jones at

[email protected] and he will send you a drop box link to access the documents.

FOR ADDITIONAL INFORMATION

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MARKET INFORMATION

The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.

MarketLocationMoreno Valley is the right location for establishing, relocating, maintaining and/or expanding a business. The City of MorenoValley presents a pro-business and development atmosphere within a strategic location in Southern California. New industry andcommercial activity work together to make Moreno Valley an outstanding place to live, work, shop, visit, and dobusiness. Ideally situated at the junction of SR-60 and I-215, Moreno Valley is the Inland Empire’s best opportunity for a newbusiness or a development project. With over 4,500 businesses strong, Moreno Valley is home to many Fortune 500 andinternational companies.

Housing Market

Recently ranked as one of the fastest growing cities in the nation (cities with a population of 100,000 or more) and is thesecond largest city in Riverside County, companies are consistently choosing Moreno Valley because we deliver the right marketopportunity, prime locations, a pro-business environment and encourages quality development in the community.

Other Developments

For all current properties being developed in Moreno Valley see the development project map and current developments on the following pages.

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DEVELOPMENT MAP

The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.

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CURRENT DEVELOPMENTS

The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.

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CURRENT DEVELOPMENTS

The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.

Page 18: MOR Perris Iris Marketing Pkg.pptx [Read-Only] · 2020. 1. 24. · communities, schools, Westgate Shopping Center, Home Depot, quick-service restaurants and recreational facilities

CURRENT DEVELOPMENTS

The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.