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1435 S San Jacinto Ave
San Jacinto, CA 92583
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% occupied - Long Term Tenants - ON Site Management - Great retirement plan.
- Located in a main street plaza with traffic counts of 25,000+.
- Community Necessity - Established Indoor marketplace in the heart of San Jacinto near Hwy 74 and N. San Jacinto Ave.
- Great cash flow with a 6.0% CAP rate. NOI of over $258,000.
- Currently holding 17 retail tenants - Never Closed During COVID !
- Situated near Regal 12 Metro Movie Theatre.
EXECUTIVE SUMMARY
1435 S. San Jacinto Ave. is situated in a main street plaza with over 20,000 traffic counts in the heart of San Jacinto near Hwy 74. The property currently holds 17 retail tenants and is near Regal 12 Metro Movie Theatre.
This Discount Indoor Mini Mall is a Community Necessity - WAS ALLOWED To Stay Open During COVID Shut Down !
*** Tenancy Wate List ***
This established indoor marketplace offers stable income with 15-year tenants Makes a great Retirement Plan :
Drive-by only - Please Call Broker AL Brown Advanced Realty Solutions @ 310-745-6603 for Exclusive Showing !
The property is within 3 miles of Mount San Jacinto College. It is also near Palm Springs International, located 45 miles away.
There are 3 parks within 9 miles, including Fingerprints Youth Museum, Western Science Center, and Diamond Valley Lake Marina.
This Discount Indoor Mini Mall is a Community Necessity - WAS ALLOWED To Stay Open During COVID Shut Down !
*** Tenancy Wate List ***
This established indoor marketplace offers stable income with 15-year tenants Makes a great Retirement Plan :
Drive-by only - Please Call Broker AL Brown Advanced Realty Solutions @ 310-745-6603 for Exclusive Showing !
The property is within 3 miles of Mount San Jacinto College. It is also near Palm Springs International, located 45 miles away.
There are 3 parks within 9 miles, including Fingerprints Youth Museum, Western Science Center, and Diamond Valley Lake Marina.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,500 SF
Building Class
C
Year Built
1989
Price
$4,300,000
Price Per SF
$277.42
Cap Rate
6%
NOI
$258,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
1.18 AC
Zoning
C1 - Neighborhood Commercial
Parking
50 Spaces (3.23 Spaces per 1,000 SF Leased)
Frontage
158’ on S San Jacinto Ave
AMENITIES
- Property Manager on Site
- Signage
- Signalized Intersection
- Kiosk/Cart Space
- Enclosed Mall
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 437-210-044 | Improvements Assessment | $987,231 |
| Land Assessment | $574,490 | Total Assessment | $1,561,721 |
PROPERTY TAXES
Parcel Number
437-210-044
Land Assessment
$574,490
Improvements Assessment
$987,231
Total Assessment
$1,561,721
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