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42021 E Florida Ave Hemet, CA 92544

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For Sale
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Former Rite Aid building available for sale or lease.

Property size:
17,340 SF
Lot size:
67,518.00 Acres

Property Features for 42021 E Florida Ave

General Information

Standard status
Active
Zoning
C3
Size
17,340 SF
Lot size
67,518.00 Acres

Building Details

Year built
2009

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Listing Contact
Ara Rostamian
Source: Crexi

Listing Agency: Marcus & Millichap - Los Angeles Listing Agent: Ara Rostamian

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Former Rite Aid Value-Add Opportunity

Located at 42021 East Florida Avenue, this former Rite Aid building presents a prime infill value-add opportunity through repositioning or redevelopment. Constructed in 2008, the property totals approximately 17,340 square feet on a 1.55-acre lot (67,518 square feet). The building is available for sale at a price below replacement cost, or for lease at market rates. The interior is expansive, suitable for a variety of uses, with ceiling heights ranging from 14 to 19 feet. It includes a functional drive-thru and a designated ground-level loading area at the back. The property features excellent visibility with signage opportunities on both sides, as well as an existing monument sign on East Florida Avenue. The site benefits from a signalized hard corner location at the intersection of Florida Avenue and South Meridian Street, which experiences over 29,000 cars per day. Ingress and egress are efficiently positioned before the intersection with two-way curb cuts. The parking ratio is 5.04 spaces per 1,000 square feet, totaling 87 parking stalls. The site includes fortified and secured trash enclosures. Situated in Hemet’s premier retail hub, the property benefits from strong retail synergy, with over 2.2 million square feet of national and regional tenants within a two-mile radius serving Hemet and San Jacinto. The location is supported by strong demographics, comprising 159,469 people within a five-mile radius and an average household income of approximately $76,369.
Location Intelligence

Current Use by Public Records

Chung Y. Pyo, ... Pharmacy Coinhub Bitcoin ATM ... Atm higi Physician Rite Aid Pharmacy LibertyX Bitcoin ATM Atm

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Chung Y. Pyo, Lac, Rite Aid Pharmacy, Walgreens Pharmacy, Megan Yu, Haidi Vattolo

Location Insight

  • Map
  • Local Demand
City
Hemet
County
Riverside
State
California
Longitude
-116.9277629
Latitude
33.7471636

FAQs

What type of property is this?
Drug store - Former Rite Aid building available for sale or lease.
Where is this drug store located?
The property is located at 42021 E Florida Ave Hemet, CA.
What are key features of this property?
This property features: - Prime infill location at a signalized hard corner with high traffic count (over 29,000 cars per day) and excellent visibility.; - Value-add opportunity through repositioning or redevelopment of a former Rite Aid building.; - Located in Hemet's premier retail hub with strong retail synergy and proximity to major national and regional tenants.
More about this property
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