±3,775 SF Building for Ground Lease/Sale

1995 E Florida Ave Hemet, CA 92544

1995 E Florida Ave, Hemet, CA, 92544
1995 E Florida Ave, Hemet, CA, 92544 1995 E Florida Ave, Hemet, CA, 92544 1995 E Florida Ave, Hemet, CA, 92544 1995 E Florida Ave, Hemet, CA, 92544 1995 E Florida Ave, Hemet, CA, 92544
Property Type:
Free Standing Building
Last Verified:
Feb 08, 2024


  • Opportunity to either lease the existing former bank which is ±3,775 SF or ground lease the parcel and replace the existing building.
  • Prime positioning on E Florida Ave a major retail corridor that leads to the 215 FWY
  • Located on the SWC of E. Florida Ave and Yale Street with visibility to ±26,688 / CPD
  • Within a 3-mile radius, demographics show a daytime population of 11,745 and an overall population of 66,446 with an average household income in excess of $82,200.
  • Surrounding national tenant mix includes Walmart Neighborhood Market, Stater Bros, Harbor Freight, Grocery Outlet, Planet Fitness, Starbucks, True Value, Taco Bell, Rent-A-Center and more
  • Purchase financing is available to owner-users through the Small Business Administration. Down payments are as little as 10%.
  • If purchased with 10% down ($139,000), the monthly loan payment is estimated at $8,074/month.
  • After removing principal paydown and accounting for only the interest portion of the monthly loan payment, the cost to occupy (and own) this building is approximately $1.61/SF/month - far less than the cost of leasing.
  • As an owner, one can benefit from the potential appreciation of the asset.
  • SBA financing allows for buyers to lease up to 49% of their building, creating the opportunity to further reduce occupancy costs.


Opportunity to either purchase or lease the existing building

SWC of Florida Ave & Yale Street

Year Built: 1986
Building Size: 3660sq ft
Lot Size: 0.45 acres


Hemet - 1995 E Florida Ave.pdf

Map of 1995 E Florida Ave, Hemet, CA, 92544

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
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