Homeland

Highlights

• ±2,702 SF Available to Occupy Immediately
• Income from Leased Drive-Thru Space – Alberto’s Mexican Restaurant is currently paying $7,200/month with 3% annual increases. Their space features an extensive build-out, including an underground grease interceptor and hood system. They recently executed a 5-year extension to February 2029 (with an option to extend to 2034), demonstrating their continued commitment to the site.
• High Traffic Location – Located at the intersection of Highway 74 & Highway 79 (Winchester Road) with visibility to ±45,900 cars per day.
• Centrally Located – ±167,200 residents live within a 15-minute drive of the property. Highways 74 and 79 make the property easily accessible to residents in Perris, Hemet, San Jacinto, Menifee, and the French Valley.
• Ideal for Dentist, Medical Professional, Retailer, Restaurant, & More
• Cannabis License Potentially Available – Call for details.
• Purchase financing is available to owner-users through the Small Business Administration. Down payments as low as 10%.
• If purchased with 10% down ($250,000), the monthly loan payment is estimated at $14,700/month. Accounting for $7,200 of monthly gross rent from Alberto’s, the effective cost to occupy the remaining 2,702 SF is $7,500. The monthly principal paydown is an additional $3,400/month benefiting an owner, bringing the total effective cost to occupy the remaining 2,702 SF to just $4,100/month, or $1.52/SF – far less than leasing!
• 2018 High Quality Construction – The property features best in class construction, including a concrete parking lot, drought tolerant landscaping, monument signage, stone columns, metal tin facia, LED parking lot lighting, and more.

Description

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Centrally Located – ±167,200 residents live within a 15-minute drive of the property. Highways 74 and 79 make the property easily accessible to residents in Perris, Hemet, San Jacinto, Menifee, and the French Valley.

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