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1995-2095 E Florida Ave
Hemet, CA 92544

$6,995,000 USD

Storefront For Sale • 58,035 SF

Property Details

Property Type Storefront
Total Building Size 58,035 SF
Lot Size 3.71 AC
Building Class C
Year Built 1983
Tenancy Multiple
Zoning C1

0 Transit Score

73 Walk Score

                
                    Highlights
                
                                Attractive Seller financing is available for qualified buyers, featuring a 6.00% interest-only rate with 35% down, for up to five years.
                            
                                The property offers a solid investment opportunity with a strong initial cash-on-cash return of 8.1% from day one. 
                            
                                Current Cap Rate of 6.75% With a tremendous upside and a ProForma CAP Rate of 8.31%.
                            
                                Multi-tenant strip center with NNN leases provide for minimal management obligation.
                            
                                Hemet Town Plaza provides 150+ parking stalls which equates to a 2.50:1,000 parking ratio.
                            
                                Signalized Corner Lot Anchored by TACO BELL, Big Box Retailer & CORNER DRUG STORE NAP (Not a Part)

Amenities

Pylon Sign
Signage
Signalized Intersection

Public Transportation

Airport	Drive	Walk	Distance
Palm Springs International	59 min	-	46.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Anthony Le 714-423-3819 Le Investment Group

1995-2095 E Florida Ave Hemet, CA 92544