Retail Property Leased to Dollar
For Sale
Contact for pricing
1250 N State St, San Jacinto, CA 92583
Retail property leased to Dollar Tree until February 2030.
Property Size10,000 SF
Lot Size2.23 Acres
Price / SF$217.40
Days on Market1579
Property Features for 1250 N State St
General Information
Standard status
Active
Size
10,000 SF
Lot size
2.23 Acres
Property subtype
Retail
Zoning
C-2
Occupancy
100%
Lease Type
NNN
Net Operating Income
$125,000
Building Details
Year Built
2020
Tenancy
Single
Listing Agency:
CBRE LA
Listed By:
Jenny Eng · License #CA 01931224
(239) 631-8788
Source:
Crexi
Added: Jun 16, 2022
Changed: Sep 25
Last Checked: Oct 9 at 6:38PM
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 CBRE LA
Investment Insights
Based on property information with market context.
This 10,000 square foot retail property, constructed in 2020, is situated on a 2.23 acre lot. The property is currently leased to Dollar Tree, a major operator of single-price-point stores, through February 28, 2030. The lease commenced on November 12, 2019, with an initial 10-year term, followed by three 5-year renewal options.
Key Highlights
- Long‑term tenant (Dollar Tree) in place until February 28, 2030
- Leased to Dollar Tree, a premier national retailer
- Property built in 2020
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,338
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,866,760
$2.9M
Cap Rate 7%
$2,047,686
$2.0M
Cap Rate 9%
$1,592,644
$1.6M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$216.0K $21.60/SF
− Vacancy
−$11.2K −$1.12/SF
EGI
$204.8K $20.48/SF
− OpEx
−$61.4K −$6.14/SF
NOI
$143.3K $14.33/SF
Area
Riverside County, CA
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,866,760
Cap Rate 7%
$2,047,686
Cap Rate 9%
$1,592,644
Alternative Uses
Best Use
Retail
$2.05M
$1.79M – $2.39M
NOI $143,338 @ 7.0% cap · market cap 6.59%
Second Best
Specialty Retail
$1.80M
$1.58M – $2.10M
NOI $126,090 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$3.00M
$2.62M – $3.50M
NOI $209,708 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
182k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 25%
Groceries 23%
Stater Bros. Markets
Groceries
42,176 visits/mo
0.2 miles
Jack in the Box
Dining
25,079 visits/mo
0.1 miles
Starbucks
Dining
24,087 visits/mo
0.1 miles
Dollar Tree
Shops & Services
16,853 visits/mo
0.1 miles
Del Taco
Dining
11,054 visits/mo
0.2 miles
Demographics for 92583, CA
34,674
Population
10,397
Households
3.3
Avg Household Size
34
Median Age
13%
College-Educated
78%
High-School Grad
29.1 sq mi
ZIP Area
1,192
Density / Sq Mi
$63,582
Median Household Income
$37,128
Median Earnings
$1,501
Median Rent
$339,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Retail property leased to Dollar Tree until February 2030.
Where is this grocery and convenience store located?
The property is located at 1250 N State St San Jacinto, CA.
What is the asking price?
The asking price for this property is $2,174,000.
What are key features of this property?
This property features: Long‑term tenant (Dollar Tree) in place until February 28, 2030; Leased to Dollar Tree, a premier national retailer; Property built in 2020
