Properties

Back to Listings

217 East Florida Avenue

Hemet , California 92543

Listing Type:
For Sale
Listing Price:
$790,000.00
Property Type:
Retail
Property Subtype:
Street Retail
Year Built:
1931
Listing Status:
Active
Building Size:
3625 SqFt
Land Area:
0.09 Acres

Description:

Robert Mendieta and KW Commercial are proud to offer this single tenant NNN sale & leaseback at a 5.31% CAP rate (Proforma). This property has been completely renovated featuring a new roof, new AC, new electric, new flooring, drywall and paint. The seller has spared no expense on this renovation that cost over $500,000.00 and is completely permitted. Seller is a restauranteur that owns multiple businesses. This property serves as both a retail property and a manufacturing facility for wholesale ice cream sales. Walk-in freezer, refrigerator and all restaurant equipment are not included in the sale.
If you're looking for a hand's off commercial real estate investment, this property if for you.
Single Tenant NNN Investment
Impeccable Tenant Improvements
New Roof
New AC
New Electric
New Flooring
New Drywall
New Paint

Presented by:

Glenda  Keeney-Gibson

Director

(480) 629-5300

(602) 622-0818

Click here to email

Listed by:

Keller Williams Realty Redlands

Redlands

Mortgage Calculator

INPUTS

Loan Amount:
Loan Rate:
Loan Amortization:
Payments per Year:
Compounding Periods:

Results

Periodic Payment:
Annual Debt Service:
Authentication
Name:
Email:

Require fields

Image Text (below):
CAPTCHA Image
Can't Read Image Text? Click to Reload

Powered by: TheAnalyst® PRO