fill
fill
fill
Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com

DRE# 01787685
fill
fill
fill
fill
Nicolas Romo
fill
Direct Office:
800-659-4610
sellingcasas@
gmail.com

DRE# 01787685
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill

14114 Business Center Drive,  Moreno Valley CA, 92553

(Active)
$5,200,000
|
19,524 sqft
|
MLS# IV23136227
Last Updated: 5/18/2024 6:26 AM
Description for 14114 Business Center Drive Moreno Valley, CA 92553
This medical building is constructed using concrete tilt-up construction and is categorized as a Leased Fee estate. The property consists of medical offices and is 73% occupied. The building encompasses a total of 19,524 gross square feet, with 19,439 square feet available for rent. The building constructed in 1990 and has undergone partial renovations within the last 7 to 12 years, maintaining its then 100% occupancy rate.The ownership of the building belongs to a group of doctors, who collectively occupy approximately 85% of the net rentable area (NRA) of the property. The remaining space is leased for medical purposes to other healthcare providers, all of whom offer various medical and dental services.Situated on a well-maintained site, the property covers an area of 1.62 acres, equivalent to 70,567 square feet. Its exterior features painted concrete walls with a concrete foundation, complemented by glass metal frame windows and a flat/composite material roof.Inside, the building's floors are covered with a mix of tile, vinyl, low pile carpet, composite wood, and concrete, depending on the area. The walls are partitioned with painted drywall, and the ceilings are drop suspended t-bar with acoustic tiles. Lighting predominantly consists of fluorescent fixtures, and there are an adequate number of ADA-compliant bathrooms for convenience.Notably, the building incorporates solar panels on the roof, installed in October 2020, which significantly contribute to the power supply for the tenants. This Photovoltaic system is owned and will transfer with the property.Leases with the building's owners/tenants will be finalized and placed into escrow. Seller Financing Available OAC. with 40-50% down payment.
Price
$5,200,000
Riverside
19,524 (approx)
IV23136227
Active
Description
This medical building is constructed using concrete tilt-up construction and is categorized as a Leased Fee estate. The property consists of medical offices and is 73% occupied. The building encompasses a total of 19,524 gross square feet, with 19,439 square feet available for rent. The building constructed in 1990 and has undergone partial renovations within the last 7 to 12 years, maintaining its then 100% occupancy rate.The ownership of the building belongs to a group of doctors, who collectively occupy approximately 85% of the net rentable area (NRA) of the property. The remaining space is leased for medical purposes to other healthcare providers, all of whom offer various medical and dental services.Situated on a well-maintained site, the property covers an area of 1.62 acres, equivalent to 70,567 square feet. Its exterior features painted concrete walls with a concrete foundation, complemented by glass metal frame windows and a flat/composite material roof.Inside, the building's floors are covered with a mix of tile, vinyl, low pile carpet, composite wood, and concrete, depending on the area. The walls are partitioned with painted drywall, and the ceilings are drop suspended t-bar with acoustic tiles. Lighting predominantly consists of fluorescent fixtures, and there are an adequate number of ADA-compliant bathrooms for convenience.Notably, the building incorporates solar panels on the roof, installed in October 2020, which significantly contribute to the power supply for the tenants. This Photovoltaic system is owned and will transfer with the property.Leases with the building's owners/tenants will be finalized and placed into escrow. Seller Financing Available OAC. with 40-50% down payment.
Listing Information
Property Type: Office, Business Opportunities, 1 Story
1.62 Acres Assessor 19,524 (approx)
1990 1 Cement plank
Public
Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
1 Total
Neighborhood
Room Information
None
Interior Features
Central Air
Other, Central
Prewired,Security Gate
Exterior / Lot Features
106 Parking Spaces, 0 Covered Parking Spaces,
Cement Plank
Composition, Flat
332'+_x212'+_
Average Condition
Rectangular Lot,Sprinkler System
Community Features
Prewired,Security Gate
Driving Directions
From 215 fwy exit on Alessandro head East. South on Elsworth st, West on Business Ctr Dr.
Financial Considerations
297210026
$55,000
Cash,Cash to New Loan,Conventional,1031 Exchange,Lease Back
Listing Price History

Moreno Valley Real Estate

Moreno Valley is located in California. Moreno Valley, California 92553 has a population of 208,733.

The median household income in Moreno Valley, California 92553 is $54,693. The median household income for the surrounding county is $70,543 compared to the national median of $66,222. The median age of people living in Moreno Valley 92553 is 36 years.

Loading nearby sales and history ...
Listing Agent: VINOD DESAR CalDRE: 01899239 - BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY, 951-533-7525
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/18/2024 6:26 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation