Property Detail
Description
Michelle Chen/ Pacific Sterling Realty is pleased to present the fee simple sale of a single tenant retail building with a prime absolute NNN investment property opportunity; the landlord is not responsible for any repairs and maintenance. Pad of the most popular, nearly 300,000 SF TownGate Crossing Shopping Mall in Moreno Valley Perris Submarket. Anchored by Lowe's Home Improvement, surrounding tons of national retailers, department stores, and movie theaters, etc. Tenant has been in the same location in the past 15 years since September 30, 2010. The lease features 10% rental increases every 5 years throughout the lease Option Periods, growing NOI, and hedging against inflation. three (5) year option remains. E-commerce Resistant Service-Related Businesses. Tenant is a franchise of American casual dining restaurant and sports bar with 1,380 locations across all 50 U.S. States and DC.
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Listing provided courtesy of Michelle Chen of Pacific Sterling Realty. Last updated 2026-04-12 08:24:13.000000. Listing information © 2026 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
Interested in Pacific Beach property, specifically? Check out PacificBeach.RealEstate
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