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1295 S State St
Hemet, CA 92543

Fully leased retail space · Retail Property For Sale

Investment Highlights

  • Only 81.6/SF

Executive Summary

Discover an exceptional investment opportunity in the heart of Diamond Valley Shopping Center with this fully leased retail space offering an attractive 5% cap rate. Situated in a prime location in the southern part of Hemet, this property enjoys proximity to an array of amenities including popular restaurants, modern fitness centers, cozy cafes, and reliable banks, ensuring high foot traffic and visibility.
Ideal for discerning investors seeking a strategically positioned asset, this retail space is just a short drive from I-74, providing easy access and convenience. Whether you're looking to expand your portfolio or seeking a promising investment in a thriving community, this offering represents a superb choice.
For inquiries and to arrange a viewing of this premium listing, please reach out to Henry at Henryarcadia@gmail.com. Don't miss out on the chance to secure a stake in one of Hemet's most vibrant shopping destinations.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Supermarket
Building Size
25,861 SF
Building Class
B
Year Built
1973
Price
$2,490,000
Price Per SF
$96
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.25
Lot Size
2.36 AC
Opportunity Zone
Yes
Zoning
C2 - General Business
Parking
150 Spaces (5.86 Spaces per 1,000 SF Leased)
Frontage
233 FT on E Stetson Ave

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
451-062-039
Land Assessment
$520,200
Improvements Assessment
$747,527
Total Assessment
$1,267,727
  • Listing ID: 24384553

  • Date on Market: 10/28/2021

  • Last Updated:

  • Address: 1295 S State St, Hemet, CA 92543

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