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9-Unit Flex Space Building
For Sale
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3450 Tanya Ave Portfolio, Hemet, CA 92545

100% leased 9-unit flex property with 200-amp power and reinforced concrete parking.

Property Size13,842 SF
Price / SF$267.30
Days on Market180

Property Features for 3450 Tanya Ave Portfolio

General Information

Standard status Active
Size 13,842 SF
Property subtype INDUSTRIAL
Occupancy 100%

Additional Details

Cap Rate 5.4%
Clear Height 17 ft
Office Units 9

Building Details

Tenancy Multi
Listing Agency: Newmark - Ontario
Listed By: Craig McKenzie
Source: Moodyscre
Added: Feb 2 Changed: Jul 29 Last Checked: Aug 1 at 1:26PM

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 Newmark - Ontario

Investment Insights

Based on property information with market context.

Flex space investment at 3450 Tanya Ave (Portfolio), Hemet, CA 92545, offered as an investment sale with 100% leased occupancy. The property totals 13,842 SF across 9 units, and it is presented as having an in-place CAP rate of 5.4%.

Each unit features 200 amps of power and includes 150 SF of office space. The warehouse/clear span area provides 17' clear height, supporting a range of light industrial and flex uses. Parking is reinforced concrete, designed to better support day-to-day operations.

The configuration also allows for an owner-user approach, with the potential to occupy up to 50% of the space while retaining remaining leased units.

Key Highlights

  • 100% leased, investment sale flex property
  • In‑place CAP rate 5.4%
  • 9 units totaling 13,842 SF

Financial Insights For Office B

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 $317.3k $22.92
− Vacancy −$27.3k −$1.97
EGI $290.0k $20.95
− OpEx −$72.5k −$5.24
NOI $217.5k $15.71
13,842 SF · lease $22.92/SF/yr · vacancy 8.60% · expense 25.00%

Alternative Uses

Best Use
Office B
$3.11M
$2.72M – $3.62M (±1% cap)
NOI $217,481 @ 7.0% cap · market cap 5.88%
Second Best
Warehouse
$1.97M
$1.73M – $2.30M (±1% cap)
NOI $138,026 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$4.15M
$3.63M – $4.84M (±1% cap)
NOI $290,278 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

5 Star Plumbing, ... Plumbing Service

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Spa & Massage Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17 ft
Clear height
9
Office units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

457
Businesses Nearby
Under-served
Demand for This Use

Demographics for 92545, CA

44,072
Population
17,533
Households
2.5
Avg Household Size
45
Median Age
17%
College-Educated
84%
High-School Grad
29.7 sq mi
ZIP Area
1,484
Density / Sq Mi
$59,575
Median Household Income
$41,732
Median Earnings
$1,778
Median Rent
$334,900
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Chekesha’s Catering — 3448 Morro Hill Rd, Hemet, CA 92545
  • Lisa's Catering N More — 2538 Garland way Hemet, 375 n victory Ave, San Jacinto, CA

Frequently Asked Questions

What type of property is this?
Flex space - 100% leased 9-unit flex property with 200-amp power and reinforced concrete parking.
Where is this flex space located?
The property is located at 3450 Tanya Ave Portfolio Hemet, CA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: 100% leased, investment sale flex property; In‑place CAP rate 5.4%; 9 units totaling 13,842 SF
(626) 664-1567 Call to check price and availability
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