1995 E Florida Ave Hemet, CA 92544

Spaces For Lease

at 1995 E Florida Ave Contact us

Listing office Progressive Real Estate Partners a***@progressiverep.com Show Phone

Listing date Jan 23, 2024

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Investment Insights

Based on property information with market context.

A freestanding building, formerly a bank, is available for lease or ground lease. The building is ±3,775 square feet and is located on the southwest corner of E. Florida Avenue and Yale Street, a signalized intersection with visibility to ±27,720 cars per day. The surrounding area has a daytime population of 20,006 and an overall population of 114,754 within a 3-mile radius, with an average household income exceeding $79,576. The property is surrounded by national tenants, including Walmart Neighborhood Market, Stater Bros, Harbor Freight, Grocery Outlet, Planet Fitness, Starbucks, True Value, Taco Bell, and Rent-A-Center. Purchase financing is available to owner-users through the Small Business Administration with down payments as low as 10%. SBA financing allows buyers to lease up to 49% of their building.

Key Highlights

• Opportunity to own the building with SBA financing, potentially costing less than leasing.
• Located on a signalized intersection with high visibility (±27,720 CPD).
• Freestanding building (±3,775 SF) with ground lease option available.

Property Analytics

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FAQs

What type of property is this?

Bank - Former bank building or ground lease opportunity in Hemet, CA.

Where is this bank located?

The property is located at 1995 E Florida Ave Hemet, CA.

What are key features of this property?

This property features: Opportunity to own the building with SBA financing, potentially costing less than leasing.; Located on a signalized intersection with high visibility (±27,720 CPD).; Freestanding building (±3,775 SF) with ground lease option available.