1153 South State Street Hemet, CA 92545
Retail property in Hemet, Southern California's Inland Empire.
- Added:
- May 21, 2026
- Days on Market:
- 53
- Last Refresh:
- May 27 at 8:18 am
Property Features for 1153 South State Street
General Information
- Standard status
- Active
- Size
- 15,400 SF
- Property subtype
- Retail, Business for Sale
Listing office SVN INSIGHT COMMERCIAL RE ADVISORS
Listing date May 21, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SVN INSIGHT COMMERCIAL RE ADVISORS
Investment Insights
Based on property information with market context.
Key Highlights
- Affordable living within reach of major Southern California markets.
- Located in Hemet, in the heart of Southern California's Inland Empire.
- Growth potential for businesses and investors.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $332.6k | $21.60 |
| − Vacancy | −$17.3k | −$1.12 |
| EGI | $315.3k | $20.48 |
| − OpEx | −$94.6k | −$6.14 |
| NOI | $220.7k | $14.33 |
