Lakeshore Village Marketplace in Moreno Valley has been sold to an unidentified investor for $5.73 million.

Lakeshore Village Marketplace, an 80,000 square-foot shopping center in the Sunnymead Ranch neighborhood of Moreno Valley, has been sold for $5.73 million, Faris Lee Investments recently announced.

The center was anchored by a Ralph’s grocery store until 2013. It is currently without an anchor and is 36 percent occupied with a Subway, Bank of America and other retail and restaurant outlets, a release from Faris Lee stated.

The company represented both the seller, identified as two family trusts from Los Angeles, and the buyer, “a Southern California-based investor.”

Lakeshore Village Marketplace was built in 1993 and is located on 10.34 acres at 23571-23581 Sunnymead Ranch Parkway. A report from the Moreno Valley city manager’s office in March 2013 said Ralph’s-Kroger Co. was closing the center’s Ralph’s anchor store in May of that year because it was losing “more than $1 million a year.”

“Faris Lee marketed this is an opportunity for the new buyer to attract an anchor tenant that could capitalize on the local area’s demand for retail,” the company’s senior managing partner Donald MacLellan said in a statement.