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260 N Sanderson Ave
Hemet, CA 92545
Infill Value Add Former Rite Aid · Retail Property For Sale
Investment Highlights
- Infill Value-Add Opportunity For Sale or Lease: Substantial Repositioning or Redevelopment Opportunity on High Traffic Signalized Corner
- Well-Maintained Former Rite Aid Building Built in 2005: Excellent Signage, Existing Drive Thru, Loading Area, Mezzanine Space and more
- Dense Retail Hub with Strong Retail Synergy: Over 2.2 Million Square-Feet of National and Regional Tenants within a 1-Mile Radius
- Valued for Sale at Well Below Replacement Cost - Also Available for Lease at Market Rates (Contact Agents for Details)
- Strong Site Fundamentals: Signalized Hard Corner Location with Over 33,000 Cars Per Day. Ingress and Egress Well Positioned. Generous Parking.
- Strong Demographics and Economic Growth, with Population of 160,579 within a 5-Mile Radius and Average Household Income of $71,761
Property Facts
Property Type
Retail
Property Subtype
Building Size
16,680 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.82 AC
Zoning
C-2
Parking
60 Spaces (3.6 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 448-310-028 | Improvements Assessment | $2,500,000 |
| Land Assessment | $800,000 | Total Assessment | $3,300,000 |
Property Taxes
Parcel Number
448-310-028
Land Assessment
$800,000
Improvements Assessment
$2,500,000
Total Assessment
$3,300,000
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