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    2181 Esplanade Ave San Jacinto, CA 92582

    Sponsored
    For Lease
    $21 SF/Yr

    Neighborhood center with 5 spaces available.

    Lot size:
    82,477 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This thriving San Jacinto neighborhood center, totaling 82,477 square feet, presents a unique investment opportunity. Currently featuring a strong tenant mix anchored by a drug store, this multi-tenant property offers five available spaces ranging in size from 1,200 to 24,000 square feet, catering to a variety of retail businesses. Located in Riverside County, the center benefits from high visibility and convenient access for customers. The diverse range of available space sizes allows for flexibility in tenant selection and potential for significant rental income. This established center provides a stable investment with the potential for future growth. The existing tenant mix contributes to a vibrant and attractive shopping environment, ensuring a steady stream of foot traffic. The property's size and location make it an ideal choice for investors seeking a well-established retail center in a growing market. The availability of multiple spaces allows for the potential to attract a variety of businesses, creating a diverse and thriving retail environment. This is an excellent opportunity to acquire a well-positioned retail property in a desirable location. The substantial square footage offers ample space for expansion or diversification of existing tenants. Serious inquiries are encouraged to explore this promising investment opportunity further.

    Property Features for 2181 Esplanade Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    82,477 SF
    Total Rate
    144334.75

    Unit(s) available at that property

    Space
    Pad C (Proposed)
    Size
    4,700 SF
    Rate per SF
    $21
    Space
    2211
    Size
    14,080 SF
    Rate per SF
    $21
    Space
    2191-103C
    Size
    1,390 SF
    Rate per SF
    $21
    Space
    Major C (Proposed)
    Size
    24,000 SF
    Rate per SF
    $21
    Space
    2191-109I
    Size
    1,200 SF
    Rate per SF
    $21

    HighLights

    • Retail property in Riverside County.
    • Neighborhood center with multiple tenants.
    • 82,477 total square feet.
    • Five spaces available, ranging from 1,200 to 24,000 square feet.
    • Drug store‑anchored center with a strong tenant mix.
    Property Profile Location Intelligence

    Current Use by Public Records

    Deal Buster San ... Thrift Store Esplnade Arts Center Art Center

    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
    San Jacinto
    County
    Riverside
    State
    California
    Longitude
    -117.0040512
    Latitude
    33.7742196

    Nearby Comparable

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      Ramona Center Retail Space for Lease

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    Nearby Similar for Lease

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      Ramona Center Retail Space for Lease

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      San Jacinto Retail Center - Prime Location

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      Retail Space in San Jacinto

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    FAQs

    What type of property is this?
    Neighborhood center - Neighborhood center with 5 spaces available.
    Where is this neighborhood center located?
    The property is located at 2181 Esplanade Ave San Jacinto, CA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: Retail property in Riverside County.; Neighborhood center with multiple tenants.; 82,477 total square feet.
    Request Owner's contact information
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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.

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    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
    2181 Esplanade Ave San Jacinto, CA 92582
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