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671 N State St
San Jacinto, CA 92583
Ramona Crossings · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,734 SF
Building Class
B
Year Built
2008
Percent Leased
73%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.68 AC
Zoning
C - Commercial
Parking
30 Spaces (6.34 Spaces per 1,000 SF Leased)
Frontage
120’ on N State St

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Air Conditioning

ABOUT 671 N STATE ST , SAN JACINTO, CA 92583

LENDER ORDERED SALE/ PLEASE DO NOT DISTURB THE TENANTS Marcus & Millichap Real Estate Investment Services is pleased to exclusively offer for-sale The Ramona Crossings Retail Pad Building located in San Jacinto, California. This asset provides an opportunity for either a value-added investor or an owner user to acquire a beautiful retail building with a centralized location within San Jacinto. This value-added asset will give the new ownership the ability to reposition and/or occupy a portion of the subject property. A new investor will be able to improve income through better management and leasing. The existing tenant Domino’s Pizza has been an original tenant in the property. An owner/user may also be able to obtain very favorable Small Business Administration (SBA) financing with an attractive, low long-term, fixed interest rate. Effectively, it may be more economical to own the building than to lease space considering today’s low interest rates and the potential tax advantages of real estate ownership. The Ramona Crossings Retail Pad Building consists of a one-story building totaling approximately 4,600 rentable square feet. The property was built in 2011. An extremely valuable feature is the drive-thru window and lane for the vacant space. This space with the drive-thru will be very attractive to a large array of tenants including restaurants and financial users. Also the property is well-parked and offer excellent visibility from State Street. The subject property is a retail pad building located next to the main entrance of a larger, neighborhood shopping/medical center anchored by the Torres Martinez Tribal Indians Administration and Medical Offices. These tribal offices attract people from throughout Riverside County and are constantly very busy. Other heavily trafficked tenants include Angel View Resale Store, Dollar P Store, Ace Pediatrics, San Jacinto Health Center and MetroPCS. Also the directly adjacent pads of McDonald’s and Taco Bell are literally always busy. The Ramona Crossings center has a good centralized location in San Jacinto situated at one of the busiest signalized intersections in town.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
434-070-039
Land Assessment
$273,076
Improvements Assessment
$1,083,450
Total Assessment
$1,356,526
  • Listing ID: 9910342

  • Date on Market: 11/8/2017

  • Last Updated:

  • Address: 671 N State St, San Jacinto, CA 92583

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