1995 Florida Ave, Hemet, CA, 92544

1995 Florida Ave, Hemet, CA, 92544 < >
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for sale
MLS #:IV22107540
Date Updated:
For information contact:
CENTURY 21 MASTERS - Diamond Bar
(909) 595-5597
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HIGHLIGHT: Anchored Tenants Include: Rent-A-Center, True Value Hardware, US Post Office, Taco Bell (NAP) & Big Lots (NAP). Vacant Pad With Florida Ave. Frontage / Tremendous Upside ProForma CAP Rate of 7.00%, Property is currently 75% +/- Occupied With 70% Economic Occupancy. / Attractive Current Cap Rate of 5.99%. Recently Executed New 5-Year Lease With Built-in Rental Increases for Discount Retailer Occupying 7,275 SF / The offering represents a true value-add asset, with below market rents, month-to-month tenants and a are opportunity to reposition a pad building. / Signalized Corner Lot Anchored by New Taco Bell (NAP). Neighboring Rental Comparables Illustrate a 90%-95%. / Property wide rents average $0.83 PSF/month. Existing rents will be easily replaced or improved as leases roll. / Seasoned Tenancy. Anchored Tenants include Rent-A-Center, True Value Hardware, US Post Office, Taco Bell (NAP) & Big Lots (NAP). The Hemet Town Plaza (the property) a single story, multi-tenant center is located in the city of Hemet, Riverside County California. The property is currently 75% +/- occupied. Ideally located on Florida Avenue, which is a Major Regional Thoroughfare for the immedi
Community Information
County Or Parish: RiversideDirections: Located On Florida Avenue. 1995-2095 E Florida Ave. Hemet, CA.
MLS Area Major: 699 - Not Defined

Property Information From MLS Data
Property Sub Type: Retail

Water Source: Public

Listing Information Courtesy of:
List Agent First Name: ALBERT
List Agent Last Name: LE

Walk Score® for 1995 Florida Ave
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Monthly Payment for 1995 Florida Ave
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Down Payment:
Loan Amount:$5,516,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:

Information obtained from CACRMLS is current as of 8/17/2022 4:36 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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