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1772 W Florida Ave

7,920 SF Retail Building Hemet, CA 92545 $1,633,000 ($206/SF)

Investment Highlights

  • 100% Leased Investment
  • 10 Year Term With Three 5 Year Options

Executive Summary

100% Leased Investment For Sale. Auto/Retail Building (Allen Tire Co.) 10 Year Term With Three 5 Year Options to Renew. Original Lease Term Expires 12/31/2030. In Place Rental Income $7,127.15/Month

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,920 SF
Building Class
C
Year Built
1972
Price
$1,633,000
Price Per SF
$206
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.57 AC
Opportunity Zone
Yes
Zoning
C2, Hemet - Commercial
Parking
23 Spaces (2.9 Spaces per 1,000 SF Leased)
Frontage
95 FT on W W Florida Ave Ave

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Nearby Major Retailers

Sprouts Farmers Market
Chili's Grill & Bar
Red Robin Gourmet Burgers And Brews
Citi
Ono Hawaiian BBQ
Bank of America
Starbucks
Smart & Final
Applebee's
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
448-440-012
Land Assessment
$438,536
Improvements Assessment
$666,659
Total Assessment
$1,105,195
  • Listing ID: 33972670

  • Date on Market: 11/22/2024

  • Last Updated:

  • Address: 1772 W Florida Ave, Hemet, CA 92545

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