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    1109-1287 State St Hemet, CA 92543

    Sponsored
    For Lease
    $15 SF/Yr

    Hemet, CA Office Space Available

    Lot size:
    68,034 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Diamond Valley Center, located at 1109-1287 S State St, Hemet, CA 92543, offers prime commercial real estate in Riverside County. This multi-tenant property boasts 68,034 total square feet, with 28,270 square feet currently vacant. Spaces range from a minimum of 1,000 square feet to a maximum contiguous space of 15,000 square feet, ideal for a variety of businesses. The property's retail and office space is situated in a high-traffic area with excellent visibility and easy access from State Street. The center features a diverse mix of existing tenants, including restaurants, specialty stores, and service providers. Ample parking is available for customers and employees. The well-maintained property offers a modern design, creating an attractive atmosphere. Leasing opportunities are available for retail stores, medical offices, service providers, and other suitable businesses. Affordable lease rates and flexible terms are offered to accommodate individual tenant needs. This location provides businesses with the exposure necessary to thrive in Hemet's commercial district. The property is categorized as Executive Office, Storefront, and Traditional space.

    Property Features for 1109-1287 State St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    68,034 SF
    Total Rate
    85042.5

    Unit(s) available at that property

    Space
    1129
    Size
    3,600 SF
    Rate per SF
    $18
    Space
    1165
    Size
    2,290 SF
    Rate per SF
    $18
    Space
    1287
    Size
    15,000 SF
    Rate per SF
    $18
    Space
    1279
    Size
    3,082 SF
    Rate per SF
    $15
    Space
    1189
    Size
    1,200 SF
    Rate per SF
    $18

    HighLights

    • $1.25 - $1.50/SF/month (NNN) lease rates.
    • 2,000 - 15,000 SF available spaces.
    • Retail property type.
    • 68,034 SF total building size.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hemet
    County
    Riverside
    State
    California
    Longitude
    -116.97270452
    Latitude
    33.7282116

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    FAQs

    What type of property is this?
    Individual retail property - Hemet, CA Office Space Available
    Where is this individual retail property located?
    The property is located at 1109-1287 State St Hemet, CA.
    What is the lease rate?
    The lease rate is $15-$18 SF/Yr.
    What are key features of this property?
    This property features: $1.25 - $1.50/SF/month (NNN) lease rates.; 2,000 - 15,000 SF available spaces.; Retail property type.
    Request Owner's contact information
    1109-1287 State St Hemet, CA 92543
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    Hemet, CA 92543
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1109-1287 State St Hemet, CA 92543
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