Freestanding Building on Signalized
1995 E Florida Ave, Hemet, CA 92544
Former bank building or ground lease opportunity in Hemet, CA.
Type:Retail
Property size:
3,775 SF- Added:
- Jan 23, 2024
- Days on Market:
- 859
- Last Refresh:
- May 12 at 9:47 pm
Property Features for 1995 E Florida Ave
General Information
- Standard status
- Active
- Size
- 3,775 SF
- Property subtype
- Retail
Spaces For Lease
at 1995 E Florida Ave Contact usListing agent Albert Lopez License #CA 01409003
Listing office Progressive Real Estate Partners
Listing date Jan 23, 2024
Source Crexi
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 Progressive Real Estate Partners
HighLights
- Opportunity to own the building with SBA financing, potentially costing less than leasing.
- Located on a signalized intersection with high visibility (±27,720 CPD).
- Freestanding building (±3,775 SF) with ground lease option available.
- Strong demographics with high average household income ($79,576) within a 3‑mile radius.
- Option to lease up to 49% of the building with SBA financing to reduce occupancy costs.
- Surrounded by a strong mix of national tenants.
Overview
A freestanding building, formerly a bank, is available for lease or ground lease. The building is ±3,775 square feet and is located on the southwest corner of E. Florida Avenue and Yale Street, a signalized intersection with visibility to ±27,720 cars per day. The surrounding area has a daytime population of 20,006 and an overall population of 114,754 within a 3-mile radius, with an average household income exceeding $79,576. The property is surrounded by national tenants, including Walmart Neighborhood Market, Stater Bros, Harbor Freight, Grocery Outlet, Planet Fitness, Starbucks, True Value, Taco Bell, and Rent-A-Center. Purchase financing is available to owner-users through the Small Business Administration with down payments as low as 10%. SBA financing allows buyers to lease up to 49% of their building.
Property Profile
Location Intelligence
Current Use by Public Records
Banks
Location Insight
- Map
- Local Demand
- City
- Hemet
- County
- Riverside
- State
- California
- Longitude
- -116.9513513
- Latitude
- 33.7473483
Nearby Similar for Lease
FAQs
What type of property is this?
Bank - Former bank building or ground lease opportunity in Hemet, CA.
Where is this bank located?
The property is located at 1995 E Florida Ave Hemet, CA.
What are key features of this property?
This property features: Opportunity to own the building with SBA financing, potentially costing less than leasing.; Located on a signalized intersection with high visibility (±27,720 CPD).; Freestanding building (±3,775 SF) with ground lease option available.
