3285 W Stetson Ave | Hemet, CA 92545
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- LoopNet Team
3285 W Stetson Ave
Hemet, CA 92545
Super Star Car Wash - 20 Yr New Construction · Retail Property For Sale
Investment Highlights
- 20-Year Absolute NNN Ground Lease: Lease structure provides for ease of management with zero Landlord responsibilities
- 10% Rent Increases Every 5 Years: Scheduled rental increases provide for yield growth and hedge against inflation
- Bustling Location - Walmart Shadow Anchor: The property is located at the corner of heavily trafficked W Stetson Ave & S Sanderson Ave (±56,000 ADT)
- Brand New Construction: Under development, scheduled to open for business/rent commence by Q1 2024
- Corporate Lease Guaranty: Super Star Car Wash operates 80 locations and has 40 locations under construction
- Great Real Estate Fundamentals: Tenant is spending ±$4MM to construct the improvements, and equipment to open for business to the public and the rent
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,100 SF
Building Class
B
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.88 AC
Property Taxes
| Parcel Number | 460-150-047 | Improvements Assessment | $1,989,000 |
| Land Assessment | $918,000 | Total Assessment | $2,907,000 |
Property Taxes
Parcel Number
460-150-047
Land Assessment
$918,000
Improvements Assessment
$1,989,000
Total Assessment
$2,907,000
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