Grocer Anchored Retail Center

Hemet, CA

For sale
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Mixed Use
Restaurant
Shopping Plaza
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PROPERTY INFO


DESCRIPTION


This attractive shopping plaza is located in the center of a high-activity thriving area. With covid restrictions ceasing by the day, traffic in the area is increasing and it is certain that there will be a rapid increase in the productivity of the plaza.

Some updates to the Site Plan.

The 4,000 SF space is leased to a Mexican Seafood restaurant

Units 1308,  1450, 1458, 1458 ½ – vacant

Little Caesars is in the process of expanding, going to take half of the 1320-30 unit.-

New Roof installed in early 2020. Attached is the 2020 Income Statement.

 $354,375 on the new roof,

 NOI for this year was a loss of $71,207. If you add back in the roofing cost and Mortgage interest, the NOI is $583,361.

Featuring newer Grocery Outlet lease

LOCATION:

RAMONA PLAZA

 

 

Great visibility and access

INFO REQUEST FORM