±2,100 SF 2nd Generation Restaurant End Cap with Exclusive Patio for lease. Last Tenant was Dickey’s BBQ. There is a shared underground grease interceptor.
Located on Day Street, in the Moreno Valley Towngate Promenade, an approximate 400,000 SF first-class shopping center, adjacent to the Moreno Valley Mall, and just South of the 60 freeway.
High visibility and excellent foot traffic result from Towngate Promenade’s anchors, which include Aldi’s, Costco, 24 Hour Fitness, Kids Empire, Ayres Hotel & Spa, and Hampton Inn & Suites.
Food synergy includes Applebee’s, Mimi’s, The Habit Burger, Cafe’ Rio, Wingstop, and The Cupcake & Espresso Bar.
Separate ownership, resulting in very limited exclusions.
Strong demographics include a large trade area of ± 249,892 living with a five-mile radius, with average incomes of $117,130 within a five-mile radius, resulting in a robust customer base and strong purchasing power.
Moreno Valley is home to regional headquarters and major facilities for prominent companies such as ALDI, Amazon, Skechers USA, Floor & Decor, Harbor Freight Tools, Solaris Paper, Lowe’s Home Improvement, O’Reilly Automotive, Ross Dress For Less, Serta Mattress, and electric vehicle manufacturer Karma Automotive.
Description
Last Tenant was Dickey’s BBQ. There is a shared underground grease interceptor.
Located on Day Street, in the Moreno Valley Towngate Promenade, an approximate 400,000 SF first-class shopping center, adjacent to the Moreno Valley Mall, and just South of the 60 freeway.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
