CALIFORNIA ARIZONA 9.23 ACRE OWNER USER OR ENTITLED ... · MORENO VALLEY, CA 92553 9.23 ACRE OWNER...

MORENO VALLEY, CA 92553

9.23 ACRE OWNER USER OR ENTITLED DEVELOPMENT OPPORTUNITY | 21839 ALESSANDRO BLVD9.23 ACRE OWNER USER OR ENTITLED DEVELOPMENT OPPORTUNITY | 21839 ALESSANDRO BLVD

117 Main StreetHuntington Beach, CA 92648

949.375.3609thereefgroup.com

Blake Garrett [email protected]

CALIFORNIAARIZONATEXAS

presented by:

PROPERTY INFORMATION 33

LOCATION INFORMATION 1010

DEMOGRAPHICS 1414

ADVISOR BIOS 1616

Principal BrokerO: 949.375.3609C: 949.375.3609E: [email protected]

BLAKE GARRETT CCIMBLAKE GARRETT CCIM

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21839 ALESSANDRO BLVD | 9.23 ACRES | MORENO VALLEY, CA

TABLE OF CONTENTSTABLE OF CONTENTS

All materials and information received or derived from The Reef Group its directors, officers, agents, advisors, affiliates and/or any third partysources are provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance orlack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projectedfinancial performance of the property for any party’s intended use or any and all other matters.

Neither The Reef Group its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as toaccuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source,whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence todetermine these and other matters of significance to such party. The Reef Group will not investigate or verify any such matters or conduct duediligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspectionsand investigations including through appropriate third party independent professionals selected by such party. All financial data should beverified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independentprofessionals. The Reef Group makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financialdata or assumptions. The Reef Group does not serve as a financial advisor to any party regarding any proposed transaction. All data andassumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance.Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established ator increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancyfactors and other issues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified publicaccountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition ofthe property and whether the property complies with applicable governmental requirements should be discussed by the party withappropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by TheReef Group in compliance with all applicable fair housing and equal opportunity laws.

C O N T E N T S C O N F I D E N T I A L I T Y & D I S C L A I M E R

1 PROPERTY INFORMATION

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PROPERTY HIGHLIGHTSPROPERTY HIGHLIGHTS

Approximately 9.23 Acres of land For Sale - Owner User or Developer/Investor

Immediate access to N & S bound I-215 with easy truck access on Alessandro and Old 215 Frontage Rd. Rare

Freeway close, entitled industrial development, investment or owner user opportunity. Fully entitled for up to

200,000 Square Feet of industrial warehouse space in a minimum of 4 buildings. Month to Month tenancy on site

giving buyer option of bringing rents to market and stabilizing or receiving income during final development

entitlements. Current Moreno Valley Distribution & Manufacturing occupants include: Amazon, Ross, Proctor &

Gamble, Harbor Freight, Walgreens, Sketchers, O'Reilly Automotive, Serta Simmons, Deckers, Supreme Truck

Bodies, Masonite and Karma Automotive among others.

OFFERING SUMMARYOFFERING SUMMARYSale Price: Subject To Offer

Lot Size: Approx. 9.23 Acres

Zoning: Business Park (BP)


PROPERTY INFORMATION | EXECUTIVE SUMMARYPROPERTY INFORMATION | EXECUTIVE SUMMARY

PERMITTED USES:

Fire and Police Stations Gasoline Dispensing - Nonretail Accessory to an Auto-Related Use Heavy Equipment Sales and Rentals Hospitals (CUP) Hotels a) With 20% or less of the units containing kitchens b) With over 20% of the units containing kitchens (CUP) Laboratories (medical and dental) Libraries Locksmith Shops Computer Sales and Repairs Convention Hall Trade Show Exhibit Building with Incidental Food Services Copy Shops Dancing, Art, Music and Similar Schools Day Care Centers (Indicates a use is permitted unless the use is located three hundred (300) feet or less from a residential zone or use) Driving School Delicatessens Exterminators Mail Order House Business Schools Cabinet Shop Caretakers Residence (Indicates a use is permitted unless the use is located three hundred (300) feet or less from a residential zone or use) Catering Service Churches (Indicates a use is permitted unless the use is located three hundred (300) feet or less from a residential zone or use) Commercial Cannabis Activities (CUP) a) Manufacturing b) Cultivation c) Distribution Center Commercial Radio or Television Stations a) With on-site antenna b) Without on-site antenna Adult Businesses Agricultural Uses—Crops Only Ambulance Service

Animal Raising Athletic Clubs Gymnasiums and Spas Auditoriums (Indicates a use is permitted unless the use is located three hundred (300) feet or less from a residential zone or use) Auto Service Stations Auto Rentals Banks—Financial Institutions Barber and Beauty Colleges a) Custom and light manufacturing indoor uses only (50,000 square feet or less), with light truck traffic, on-site and wholesaling of goods produced. Retail sales of goods produced or warehoused on-site Medical Clinics/Medical Care a. Inpatient care Mortuaries a) With cremation services b) No cremation services Museums, Newspaper and Printing Shops Offices (administrative and professional) Parcel Delivery Terminals Parking Lot Parks and Recreation Facilities (public) Plumbing Supply Stores for Contractors Postal Services Recording Studio Public Administration Buildings and Civic Centers Recycling Processing Centers Research and Development Trade and Vocational Schools Vending Machine Service and Repair Veterinarian (including animal hospital) a. All activities within an enclosed structure, b. With outdoor activities Wholesale, Storage, and Distribution a) All activities indoors (50,000 square feet or less) b) Retail sale of goods warehoused on-site (More information at: https://qcode.us/codes/morenovalley/)

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PROPERTY INFORMATION | ADDITIONAL PHOTOSPROPERTY INFORMATION | ADDITIONAL PHOTOS

2 LOCATION INFORMATION

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Moreno Valley, CA


LOCATION INFORMATION | REGIONAL MAPLOCATION INFORMATION | REGIONAL MAP

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LOCATION INFORMATION | LOCATION MAPSLOCATION INFORMATION | LOCATION MAPS

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LOCATION INFORMATION | AERIAL MAPSLOCATION INFORMATION | AERIAL MAPS

3 DEMOGRAPHICS

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POPULATIONPOPULATION 1 MILE1 MILE 5 MILES5 MILES 10 MILES10 MILESTotal Population 4,984 226,303 603,803

Median age 23.7 29.4 30.5

Median age (Male) 24.0 28.3 29.4

Median age (Female) 23.4 30.2 31.4

HOUSEHOLDS & INCOMEHOUSEHOLDS & INCOME 1 MILE1 MILE 5 MILES5 MILES 10 MILES10 MILESTotal households 1,304 64,447 176,686

# of persons per HH 3.8 3.5 3.4

Average HH income $52,609 $71,493 $71,534

Average house value $222,853 $346,597 $357,118

* Demographic data derived from 2010 US Census


DEMOGRAPHICS | DEMOGRAPHICS MAP & REPORTDEMOGRAPHICS | DEMOGRAPHICS MAP & REPORT

4 ADVISOR BIOS

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CalDRE #01803626

BLAKE GARRETT CCIM

Principal Broker

[email protected]: 949.375.3609 | Cell: 949.375.3609

PROFESSIONAL BACKGROUNDBlake Garrett, Principal Broker and founder, has been an active real estate practitioner for 14 years. Blake began his career in 2004 at Sperry Van Ness specializing in NNNRetail, Office & Industrial Investment Sales. In 2007, Blake joined Colliers International and later was recruited to Cushman & Wakefield until 2017 when he founded The ReefGroup.

Blake has thrived representing private client and institutional landlords, owner users and tenants in their sales and leasing pursuits throughout Southern California and acrossthe country. He has successfully transacted over $500 million in sales and leasing consideration in Office, Industrial, Retail, Land, Mixed-Use, R&D, Development, Self Storageand Multifamily among other specialty assignments such as multi market tenant representation, historical buildings, ground leases and automotive uses. His proficiencyunderstanding complex market dynamics with a client centered focus is the foundation for repeat business, referrals and new pursuits.

EDUCATIONBlake is a Licensed Real Estate Broker in the State of California and an active member and designee of the prestigious CCIM Institute. Blake sits on the Board of The RaiseFoundation since 2009 and was in the 2010 class of NAIOP YPG. He holds a Bachelor of Science in Regional Development & Finance from the University of Arizona and lives inHuntington Beach with his wife, daughter and son where they enjoy many outdoor activities.

MEMBERSHIPSCCIM - Certified Commercial Investment Member NAR - National Association of Realtors


ADVISOR BIOS | ADVISOR BIO 1ADVISOR BIOS | ADVISOR BIO 1

CALIFORNIA ARIZONA 9.23 ACRE OWNER USER OR ENTITLED ... · MORENO VALLEY, CA 92553 9.23 ACRE OWNER...

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