1250 State St San Jacinto, CA 92583-6316
- Retail space
- 9,998 SF
- 2.23 lot acres
Current Use by Public Records
- Dollar Tree / Dollar Store / Craft Store
Property Details for 1250 State St
- Year built
- 2020
- Construction
- WOOD
- Lot size
- 2.23 lot acres
- Property size
- 9,998 SF
- Property type
- Retail space
- APN
- 433-291-047
- APU
- 433291047
Description
This exceptional investment opportunity presents a 10,000-square-foot storefront in San Jacinto, CA, currently leased to Dollar Tree under a triple-net (NNN) lease. The property, built in 2020, sits on a substantial 61,420-square-foot lot (approximately 2.23 acres) and is zoned C-2. The current lease, commenced November 12, 2019, has a remaining term of approximately eight years, expiring February 28, 2030. The lease includes three five-year renewal options, providing significant long-term stability. With a 100% occupancy rate and a strong net operating income (NOI) of $125,000, this property boasts a compelling 5.75% cap rate. The asking price is $2,174,000, translating to $250 per square foot. This is a single-tenant property offering a secure, passive income stream with a nationally recognized tenant. The property's address is 1250 N State St, San Jacinto, CA 92583, and its Assessor's Parcel Number (APN) is 433-291-049. This represents a rare opportunity to acquire a well-located, high-performing retail asset with substantial long-term potential. The property's prime location and the strength of the Dollar Tree lease make this an attractive investment for discerning buyers seeking a stable and profitable addition to their portfolio.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $740,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Jacinto
- County
- Riverside
- State
- California
- Longitude
- -116.973
- Latitude
- 33.8037
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
