24hr Fitness - Moreno Valley, CA

This newly constructed, single story "Super Sport" fitness facility will be open for business in 4th quarter 2014 (on or about November 22, 2014). Located as an outpad to a Costco anchored shopping center (Towngate Promenade Shopping Center (TGS)), directly off the 60 Freeway at the signalized intersection of Campus Parkway and Day Street.

This 40,000 square foot single story, 3.8 acre parcel will provide a passive investor a long term return with minimal maintenance requirements. Mimi's Cafe, Applebee's, Panda Express, Baker's, Ayres Hotel & Spa and a Hampton Inn are also located at the Promenade. A brand new 20,000 square foot Aldi's Food Market is also being built at the Promenade directly adjacent to the subject 24 Hour Fitness.

Nestled in the heart of major destination national brand retailers, the site is flanked by WinCo Foods directly adjacent to the site to the south and Lowe's, Sports Authority, 99-Cent Only Store, Panera Bread, Buffalo Wild Wings, Wendy's, Starbucks, Jamba Juice and Applebee's directly to the north. Abutting the site from the east is the Moreno Valley Mall.

The Mall offers more than 124 regional and national retailers. It is anchored by Macy's, Sears, JC Penney, and a 16 Plex Harkin Theatre complex. Other major retailers in the Mall consist of: Forever 21, Vans, Zales, Express, GNC, Foot Locker, Victoria's Secret, and GameStop just to name a few.

View Offering Memorandum for more information.

Additional Info

  • Address: : 12660 Day Street, Moreno Valley, CA 92553
  • Price: : $14,200,000
  • Net Rentable Area: : 40,000
  • Lot Size (Acres): : 3.8
  • Price Per Sqft: : $361.75
  • NOI: : $832,000
  • Year Built: : 2014
  • Status: : Available

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"Lior Regenstreif is a professional broker that achieves real results for his clients. We purchased a transaction from a seller who had not sold a property in many years and wanted the highest price with no hassles. We were the ultimate buyer and Lior got his seller the price he wanted and made the process as smooth as possible."
Brian Fagan, Selective Real Estate Investments

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557