12220 Pigeon Pass Rd Units X, Y, V, Moreno Valley, CA 92557

PAPA JOE'S FAMILY RESTAURANT & SPORTS BAR

RETAIL FOR SALE

www.kwcommercial.com

KW COMMERCIAL

3646 Hamner Avenue

Norco, CA 92860

ORIEN GUMBSAsscoiate951.254.2759CRE@OrienGumbs.comBRE #01929062

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

PROPERTY OVERVIEWBusiness for Sale! Buyer will assume the current lease or negotiate asub-lease agreement. The business will include a fully staffedrestaurant with a huge menu selection and a robust sports barserving an array of local craft brews/Imported Beers.

PROPERTY FEATURESFully equipped

Turn key ready

Fully Staffed

HD TV's

Full Kitchen

Pool Tables

Video Game Room

Digital Jukebox and much more...

SALE PRICE: $250,000

PRICE PER UNIT: $83,333

BUILDING SIZE: 5,700 SF

YEAR BUILT: 1988

ZONING: R1

MARKET: Riverside County

CROSS STREETS:Pigeon Pass Rd & Hemlock Lock Ave

www.kwcommercial.com

KW COMMERCIAL

3646 Hamner Avenue

Norco, CA 92860

ORIEN GUMBSAsscoiate951.254.2759CRE@OrienGumbs.comBRE #01929062

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

12220 Pigeon Pass Rd Units X, Y, V, Moreno Valley, CA 92557

PAPA JOE'S FAMILY RESTAURANT & SPORTS BAR

RETAIL FOR SALE

www.kwcommercial.com

KW COMMERCIAL

3646 Hamner Avenue

Norco, CA 92860

ORIEN GUMBSAsscoiate951.254.2759CRE@OrienGumbs.comBRE #01929062

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

12220 Pigeon Pass Rd Units X, Y, V, Moreno Valley, CA 92557

PAPA JOE'S FAMILY RESTAURANT & SPORTS BAR

RETAIL FOR SALE

12220 Pigeon Pass Rd Units X, Y, V, Moreno Valley, CA 92557

PAPA JOE'S FAMILY RESTAURANT & SPORTS BAR

RETAIL FOR SALE

www.kwcommercial.com

KW COMMERCIAL

3646 Hamner Avenue

Norco, CA 92860

ORIEN GUMBSAsscoiate951.254.2759CRE@OrienGumbs.comBRE #01929062

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

$1.20

100%

1,135 SF

1988

38,771 SF

General Retail

Rent/SF/Mo:

% Leased:

Total Available:

Year Built:

GLA:

Building Type:

-Secondary:

Radius 1 Mile 3 Mile 5 Mile

Population

2020 Projection 26,402 132,683 250,648

2015 Estimate 24,706 124,557 235,873

2010 Census 22,732 116,383 222,325

Growth 2015 - 2020 6.86% 6.52% 6.26%

Growth 2010 - 2015 8.68% 7.02% 6.09%

2015 Population by Hispanic Origin 13,571 71,577 120,784

2015 Population 24,706 124,557 235,873

White 16,348 66.17% 86,826 69.71% 162,493 68.89%

Black 5,289 21.41% 21,969 17.64% 38,019 16.12%

Am. Indian & Alaskan 486 1.97% 2,458 1.97% 4,122 1.75%

Asian 1,431 5.79% 7,503 6.02% 20,346 8.63%

Hawaiian & Pacific Island 162 0.66% 913 0.73% 1,539 0.65%

Other 990 4.01% 4,888 3.92% 9,353 3.97%

U.S. Armed Forces 3 175 415

Households

2020 Projection 7,824 36,976 71,128

2015 Estimate 7,297 34,644 66,762

2010 Census 6,606 32,075 62,348

Growth 2015 - 2020 7.22% 6.73% 6.54%

Growth 2010 - 2015 10.46% 8.01% 7.08%

Owner Occupied 3,682 50.46% 19,848 57.29% 40,815 61.14%

Renter Occupied 3,615 49.54% 14,796 42.71% 25,947 38.86%

2015 Households by HH Income 7,296 34,646 66,763

Income: <$25,000 1,977 27.10% 8,623 24.89% 14,079 21.09%

Income: $25,000 - $50,000 2,173 29.78% 8,806 25.42% 16,001 23.97%

Income: $50,000 - $75,000 1,307 17.91% 6,721 19.40% 13,152 19.70%

Income: $75,000 - $100,000 845 11.58% 4,330 12.50% 8,805 13.19%

Income: $100,000 - $125,000 511 7.00% 3,121 9.01% 6,518 9.76%

Income: $125,000 - $150,000 175 2.40% 1,143 3.30% 3,143 4.71%

Income: $150,000 - $200,000 238 3.26% 1,187 3.43% 3,077 4.61%

Income: $200,000+ 70 0.96% 715 2.06% 1,988 2.98%

2015 Avg Household Income $55,916 $63,006 $70,378

2015 Med Household Income $44,053 $49,662 $56,092

Demographic Summary Report

Plaza De Majorca12220 Pigeon Pass Rd, Moreno Valley, CA 92557

Copyrighted report licensed to KW Commercial - 671135.5/11/2016

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