14114 Business Center Drive, Moreno Valley, CA 92553 | MLS IV23136227 | Listing Information | Berkshire Hathaway HomeServices Perrie Mundy Realty Group | Berkshire Hathaway HomeServices California Realty & Perrie Mundy Realty Group
FOR SALE
$5,200,000  

14114 Business Center Drive
Moreno Valley, CA 92553

Office, Business Opportunities
Commercial
19,524
Sq. Ft.
1.62
Acres Lot
Listing Agent: Vinod Desar - BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY, 951-533-7525
This fully occupied medical building is constructed using concrete tilt-up construction and is categorized as a Leased Fee estate. The property serves as a medical office and encompasses a total of 19,524 gross square feet, with 19,439 square feet available for rent. The building constructed in 1990 and has undergone partial renovations within the last 7 to 12 years, maintaining its 100% occupancy rate.The ownership of the building belongs to a group of doctors, who collectively occupy approximately 85% of the net rentable area (NRA) of the property. The remaining space is leased for medical purposes to other healthcare providers, all of whom offer various medical and dental services.Situated on a well-maintained site, the property covers an area of 1.62 acres, equivalent to 70,567 square feet. Its exterior features painted concrete walls with a concrete foundation, complemented by glass metal frame windows and a flat/composite material roof.Inside, the building's floors are covered with a mix of tile, vinyl, low pile carpet, composite wood, and concrete, depending on the area. The walls are partitioned with painted drywall, and the ceilings are drop suspended t-bar with acoustic tiles. Lighting predominantly consists of fluorescent fixtures, and there are an adequate number of ADA-compliant bathrooms for convenience.Notably, the building incorporates solar panels on the roof, installed in October 2020, which significantly contribute to the power supply for the tenants. This Photovoltaic system is owned and will transfer with the property.Leases with the building's owners/tenants will finalized and placed into escrow. Seller Financing Available OAC. with 40-50% down payment.
IV23136227
Office, Business Opportunities, 1 Story
Riverside
1990
1.62 Acres
Public
1
Cement plank
19,524 Sq. Ft.
Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
1 Total
Detailed Room Information
Laundry
None
Interior Features
Cooling
Central Air
Heating
Other. Central.
Security
Prewired,Security Gate
Exterior / Lot Features
Parking
106 Parking Spaces. 0 Covered Parking Spaces.
Exterior
Cement Plank
Roof
Composition, Flat
Lot Dimensions
332'+_x212'+_
Fence
Average Condition
Additional Exterior/Lot Features
Rectangular Lot,Sprinkler System.
Community Features
Security Features
Prewired,Security Gate
Complex Features
Prewired,Security Gate
Financial Considerations
297210026
$55,000
Cash, Cash to New Loan, Conventional, 1031 Exchange, Lease Back
Listing Agent: Vinod Desar - BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY, 951-533-7525
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