Farmer's Corner

2500-2599 S San Jacinto Ave. San Jacinto, CA 92583

2500-2599 S San Jacinto Ave., San Jacinto, CA, 92583
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FOR SALE
Property Type:
Big Box Retail
Amount:
$4,650,000
Last Verified:
Jun 27, 2022

Highlights

  • 77,124 SF country-themed enclosed shopping center with interior and exterior courtyard
  • Only ±42% occupied
  • Vacant 9,900 SF fully fixtured restaurant
  • Only $60/SF

Description

Progressive Real Estate Partners is pleased to offer for sale Farmer's Corner, a country themed shopping center with significant Value-Add potential. At just ±42% occupancy, there is a tremendous opportunity for an investor to realize significant upside by raising rents to market rate and leasing up the available space.

Located on the hard corner of S San Jacinto Ave. and E Menlo Ave. • Includes an indoor concourse with 20+ foot ceilings, exposed beams, artificial landscaping, and a water feature. • Outdoor courtyard offers additional shared space for tenants and customers to use for outdoor dining, fitness, community events, and more. • Located at a signalized intersection with 26,000 cars per day passing by the property.


Year Built: 1980
Building Size: 77124sq ft
Lot Size: 4.73 acres

Map of 2500-2599 S San Jacinto Ave., San Jacinto, CA, 92583

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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."

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