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Page Plaza | 7.25% Proforma
Hemet, CA Outer San Jacinto

$13,725,000 USD

General Retail For Sale  •  62,605 SF

3 Properties View all

Property Details

  • Property Type General Retail
  • Cap Rate 5.65 %
30 Transit Score
40 Walk Score

Highlights

Prime Retail Center Location at the Hard, Signalized Corner of Sanderson Avenue and Stetson Avenue Boasting Traffic Counts of over 56,000 VPD
Page Plaza is Shadow-Anchored by a Walmart Supercenter which Drives Consistent Shopper Traffic to the Surrounding Inline Tenants
Walmart Supercenter at Page Plaza Ranks in the Top 80th Percentile in the State of California per Placer.ai
Built in 2009 and Professionally Positioned as a Modern Retail Center, Supporting Long-Term Tenancy and Reduced Near-Term Capital Intensity
Strong Weighted Average Lease Term of 5.9 Years Remaining.
Value-Add Leasing Opportunity in the 9,000 SF Vacancy Providing Meaningful Upside.
Cap Rate: 5.65 %

Public Transportation

AirportDriveWalkDistance
Palm Springs International 57 min - 46.6 mi
Ontario International 66 min - 48.9 mi
Blake Davey 949-419-3273 Marcus & Millichap
Blake Davey 949-419-3273 Marcus & Millichap