Retail Shopping
For Sale
Contact for pricing
1541 East 2nd Street, Beaumont, CA 92223
For sale retail shopping center in Beaumont, California, with offering materials referencing Five Below and Ulta shops.
Property Size30,518 SF
Price / SF$406.32
Days on Market148
Property Features for 1541 East 2nd Street
General Information
Standard status
Active
Size
30,518 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$12,400,000
Building Details
Year Built
2020
Tenancy
Multi
Listing Agency:
Hanley Investment Group
Listed By:
Lee Csenar · License #CA 01858335
Source:
Crexi
Added: Jun 2
Changed: Oct 25
Last Checked: Oct 26 at 2:33PM
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 Hanley Investment Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is a retail shopping center offered for sale. The asset totals 30,518 square feet and is positioned for retail use. Interested parties can review the full offering memorandum referenced in the public remarks, which includes materials associated with Five Below and Ulta shops.
The center is located at 1541 East 2nd Street in Beaumont, California. Additional details on configuration, suite sizes, and tenancy should be confirmed through the offering memorandum, as those specifics are not provided in the public listing information.
For buyers seeking a retail-oriented investment or owner-user option, this shopping center provides a straightforward product type with established retail focus. Because the available data does not include lease terms, tenant names and status, or unit mix, prospective buyers and brokers should evaluate the offering memorandum for the particulars that drive underwriting and tenant fit, including how the referenced Five Below and Ulta shops relate to the overall property.
The center is located at 1541 East 2nd Street in Beaumont, California. Additional details on configuration, suite sizes, and tenancy should be confirmed through the offering memorandum, as those specifics are not provided in the public listing information.
For buyers seeking a retail-oriented investment or owner-user option, this shopping center provides a straightforward product type with established retail focus. Because the available data does not include lease terms, tenant names and status, or unit mix, prospective buyers and brokers should evaluate the offering memorandum for the particulars that drive underwriting and tenant fit, including how the referenced Five Below and Ulta shops relate to the overall property.
Key Highlights
- Retail shopping center in Beaumont, California
- Year built: 2020
- Offering materials reference Five Below and Ulta shops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$437,438
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,748,760
$8.7M
Cap Rate 7%
$6,249,114
$6.2M
Cap Rate 9%
$4,860,422
$4.9M
Market Conditions
NOI Build-Up for 30,518 SF
Gross rent
$659.2K $21.60/SF
− Vacancy
−$34.3K −$1.12/SF
EGI
$624.9K $20.48/SF
− OpEx
−$187.5K −$6.14/SF
NOI
$437.4K $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%
$8,748,760
Cap Rate 7%
$6,249,114
Cap Rate 9%
$4,860,422
Alternative Uses
Best Use
Retail
$6.25M
$5.47M – $7.29M
NOI $437,438 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.14M
$8.00M – $10.67M
NOI $639,987 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92223, CA
59,924
Population
20,579
Households
2.9
Avg Household Size
38
Median Age
27%
College-Educated
88%
High-School Grad
45.0 sq mi
ZIP Area
1,332
Density / Sq Mi
$100,462
Median Household Income
$50,162
Median Earnings
$1,496
Median Rent
$458,300
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
Similar Off Market Nearby
- Beaumont Plaza Shopping Center — Beaumont, CA 92223
Frequently Asked Questions
What type of property is this?
Shopping center - For sale retail shopping center in Beaumont, California, with offering materials referencing Five Below and Ulta shops.
Where is this shopping center located?
The property is located at 1541 East 2nd Street Beaumont, CA.
What is the asking price?
The asking price for this property is $12,400,000.
What are key features of this property?
This property features: Retail shopping center in Beaumont, California; Year built: 2020; Offering materials reference Five Below and Ulta shops
