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Leased Distribution Center
For Sale
$1,500,000

35291 S State St, Hemet, CA 92545

Distribution center property currently leased to an international piping supply company on a busy west Hemet road.

Property SizeContact for details
Days on Market421

Property Features for 35291 S State St

General Information

Standard status Active
Listing Agency: Assist2Sell Buyer and Sellers
Listed By: Alan Wallace · License #01447242
Source: Exprealty
Added: Jul 19, 2025 Changed: Sep 4 Last Checked: Sep 11 at 6:07PM

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 Assist2Sell Buyer and Sellers

Investment Insights

Based on property information with market context.

This for-sale industrial distribution center/warehouse property is currently leased to an international piping supply company. The site is described as having lots of potential uses, making it a flexible option for industrial operators seeking an income-producing setup.

The property is located on a busy road in a west Hemet area identified as one of growth. Access and visibility are supported by the busy-road setting noted in the public remarks.

For buyers, the existing lease provides an immediate occupancy structure with the property already serving a distribution-focused end user. For tenants or operators, the configuration supports a range of industrial uses as described by the seller’s remarks, which can be beneficial when planning for day-to-day storage and distribution needs. Additionally, the seller indicates they may consider financing with a strong down payment, which can be useful for qualified buyers looking to structure the purchase around their terms.

Key Highlights

  • Distribution center property leased to an international piping supply company.
  • Currently leased and generating income under existing tenant occupancy.
  • Located on a busy west Hemet road with potential for multiple uses.

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Garden Center Food Market Pet Store

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

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby
Well-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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Distribution center property currently leased to an international piping supply company on a busy west Hemet road.
Where is this warehouse located?
The property is located at 35291 S State St Hemet, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Distribution center property leased to an international piping supply company.; Currently leased and generating income under existing tenant occupancy.; Located on a busy west Hemet road with potential for multiple uses.
More about this property
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