Drug Store

Hemet, CA Drug Stores for Sale

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Former Rite Aid Value-Add Opportunity
Updated: Mar 27
Former Rite Aid Value-Add Opportunity

42021 E Florida Ave, Hemet, CA 92544

$1,800,000
17,340 sqft 1.55 AC lot
Prime infill location at a signalized hard corner with high traffic count (over 29,000 cars per day) and excellent visibility.
Value‑add opportunity through repositioning or redevelopment of a former Rite Aid building.
Located in Hemet's premier retail hub with strong retail synergy and proximity to major national and regional tenants.
Expansive interior (approximately 17,340 square feet) with high ceilings (14‑19 feet), functional drive‑thru, and ground‑level loading area.
Generous parking ratio of 5.04 spaces per 1,000 square feet (87 stalls).
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Hemet, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Single-Tenant Net-Leased Pharmacy
Single-Tenant Net-Leased Pharmacy

1010 E Arrow Hwy, Covina, CA 91724

$3,993,600
9,590 sqft 0.88 AC lot

Freestanding pharmacy building on a C-4 zoned site with 45 surface parking spaces.

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Freestanding Net-Leased Pharmacy Building
Freestanding Net-Leased Pharmacy Building

837 West Arrow Highway, Covina, CA 91722

Contact for pricing
9,600 sqft 0.77 AC lot

Freestanding flex R&D property in a single-tenant net lease, supported by ample parking and freeway access.

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Freestanding Retail Space
Freestanding Retail Space

1602 South San Jacinto Avenue, San Jacinto, CA 92583

Contact for pricing
16,730 sqft 1.75 AC lot

Former Rite Aid location positioned on a corner pad with a standalone building configuration.

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Divisible Former Drug Store
Divisible Former Drug Store

1605 S. San Jacinto Ave., San Jacinto, CA 92583

$3,200,000

Former Rite Aid space offers potential for divisibility up to 8,000 SF.

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Off-Market Properties in Hemet, CA

Consider similar Off-Market properties in Hemet, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

43200 Ca-74
Individual retail properties

43200 Ca-74, Hemet, CA 92544

Estimated value:
No data
14,820 sqft
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25818 Columbia St
DRUG STORE, PHARMACY

25818 Columbia St, Hemet, CA 92544-4826

Estimated value:
$265,000
2.21 AC lot
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Hemet, CA Drug Stores Market Trends and Statistics

Explore 3 drug stores for sale in Hemet, CA on our real estate platform. These investment opportunities span a total of 17,340 square feet of properties for sale, with an estimated market value of $1,800,000.

Sale prices for pharmacies in Hemet, CA average $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 14
Shopping centers 13
Automotive properties 7
Banks 3
Car washes 3

Demographics Overview

Population 137K
Population Growth (5Y) +6.7%
Median Household Income $58,723
College Educated 15.0%

Taxes & Financing

Tax Rate (average for all types) 1.14%
Property Tax per SF $19.01 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Riverside County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Hemet fall within the 25,000 to 50,000 square foot range.

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