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910-960 N State St 39,796 SF 83% Leased Office Building Hemet, CA 92543 $6,390,000 ($160.57/SF)

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INVESTMENT HIGHLIGHTS

  • Fully Leased: The property is leased, providing immediate and consistent rental income.
  • Spacious and Versatile: Encompassing ±39,796 square feet of medical and professional office space on ±3.25 acres of land.
  • Attractive Cap Rate: Boasting a cap rate of over 5.5%, making it an excellent investment opportunity for high returns.
  • Prime Location: Located in the City of Hemet, CA, offering convenient access and visibility in a desirable area.
  • Diverse Tenant Mix: Home to 14 long-term, service-oriented tenants, ensuring stability and tenant diversity.
  • Investor-Friendly: Well-suited for investors seeking a stable and profitable addition to their portfolio.

EXECUTIVE SUMMARY

Courtyard Medical & Professional Center
Discover an exceptional investment opportunity with the Courtyard Medical & Professional Center, a fully leased medical and professional office property. Situated on approximately 3.25 acres of prime land in the City of Hemet, CA, this property encompasses ±39,796 square feet of space.
The property boasts 13 long-term, service-oriented tenants, ensuring stability and consistent income. With a cap rate of over 5.5%, this center is perfectly suited for discerning investors seeking a reliable and profitable addition to their portfolio.
Don’t miss out on this unique opportunity to invest in a thriving medical and professional community.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
39,796 SF
Building Class
B
Year Built/Renovated
1978/1981
Price
$6,390,000
Price Per SF
$160.57
Percent Leased
83%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
39,796 SF
Building FAR
0.28
Lot Size
3.25 AC
Zoning
C05 - office building
Parking
85 Spaces (2.14 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 910A
  • 1,900 SF
  • Office
  • -
  • Now

Well maintained plaza in Hemet. Excellent visibility and street frontage at signalized intersection of State Street and Fruitvale Avenue with the traffic counts of over 20,400 cars per day. The center features several uses, including a law office, paralegal office, DNA collection, addiction counseling, and a rehabilitative clinic.

  • 1st Fl-Ste 910D
  • 2,854 SF
  • Office/Medical
  • -
  • Now
  • 1st Fl-Ste 910E
  • 1,000 SF
  • Office/Medical
  • -
  • Now
  • 1st Fl-Ste 924
  • 1,055 SF
  • Office/Medical
  • -
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 910A 1,900 SF Office - Now
1st Fl-Ste 910D 2,854 SF Office/Medical - Now
1st Fl-Ste 910E 1,000 SF Office/Medical - Now
1st Fl-Ste 924 1,055 SF Office/Medical - Now

1st Fl-Ste 910A

Size
1,900 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 910D

Size
2,854 SF
Space Use
Office/Medical
Condition
-
Available
Now

1st Fl-Ste 910E

Size
1,000 SF
Space Use
Office/Medical
Condition
-
Available
Now

1st Fl-Ste 924

Size
1,055 SF
Space Use
Office/Medical
Condition
-
Available
Now

1st Fl-Ste 910A

Size 1,900 SF
Space Use Office
Condition -
Available Now

Well maintained plaza in Hemet. Excellent visibility and street frontage at signalized intersection of State Street and Fruitvale Avenue with the traffic counts of over 20,400 cars per day. The center features several uses, including a law office, paralegal office, DNA collection, addiction counseling, and a rehabilitative clinic.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
439-090-053
Land Assessment
$519,991
Improvements Assessment
$1,485,691
Total Assessment
$2,005,682
  • Listing ID: 32547662

  • Date on Market: 7/22/2024

  • Last Updated:

  • Address: 910-960 N State St, Hemet, CA 92543

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