Single-Tenant Retail Building with NNN
661 N State Street San Jacinto, CA 92583
661 N State Street, San Jacinto, CA, 92583
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For Sale
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Pending
Single-tenant retail building with a NNN lease and 30 parking spaces on-site.
Days on Market100
Property Features for 661 N State Street
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
ALIVE Commercial Real Estate
(858) 373-3176
Listed by
Trent Carvolth · License #CA 01713737
Source
Crexi
Added: Apr 13 Updated: Jul 21 at 1:35AM Checked: Jul 21 at 10:17AM
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Investment Insights
Based on property information with market context.
Marcus & Millichap presents Ramona Crossings, a single-tenant retail building totaling 7,200 SF and operated by Angel View Incorporated. The property is leased on a NNN basis with more than 5 and a half years remaining on a lease signed in April 2016, including scheduled annual increases of 2.5% through 2019 and 3.0% for the remainder of the term. The lease also includes two (2) 5-year renewal options based on fair market value.
The offering sits on 28,878 SF of land and provides 30 on-site parking spaces, for a parking ratio of over 4 per 1,000 SF. The property is located at a signalized intersection on State Street, a primary retail corridor, near Ramona Expressway (State Hwy 79), with a combined daily traffic count over 80,000 vehicles. It is also adjacent to Mt. San Jacinto College, which has 4,200 students.
The offering sits on 28,878 SF of land and provides 30 on-site parking spaces, for a parking ratio of over 4 per 1,000 SF. The property is located at a signalized intersection on State Street, a primary retail corridor, near Ramona Expressway (State Hwy 79), with a combined daily traffic count over 80,000 vehicles. It is also adjacent to Mt. San Jacinto College, which has 4,200 students.
Key Highlights
- 7,200 SF single‑tenant retail building at 661 N State Street, San Jacinto, CA
- NNN lease has 5.5+ years remaining; signed April 2016 with scheduled annual rent increases
- Lease increases: 2.5% until 2019, then 3.0% for the remainder of the term
Property Analytics
Location Intelligence
Current Use by Public Records
Angelview
Department Store
Angel View Resale ...
Discount Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Single-tenant retail building with a NNN lease and 30 parking spaces on-site.
Where is this retail space located?
The property is located at 661 N State Street San Jacinto, CA.
What are key features of this property?
This property features: 7,200 SF single‑tenant retail building at 661 N State Street, San Jacinto, CA; NNN lease has 5.5+ years remaining; signed April 2016 with scheduled annual rent increases; Lease increases: 2.5% until 2019, then 3.0% for the remainder of the term
