Published on: Saturday, November 2, 2024
Updated on: Saturday, November 2, 2024
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About the Lister
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Name: Chris Maling
Company: Avison Young
Office Phone: +1 213.618.3824
Cell Phone: +1 213.364.7222
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Financing  Business  Material
  Stunning Harbor Freight Tools
1735 W Florida Ave Hemet California , 92545
1735 W Florida Ave Hemet California , 92545Avison Young
Listing ID: CL-California-12676

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 6.75
Net Operating Income: $151,400
Commission Split (%): 0
Quick Glance
Listing ID: CL-California-12676
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1970
Building Size: 20,571.00 SqFt
Lot Size: 20,571.00 SqFt.
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: Yes
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Storefront, Supply Store. Avison Young is pleased to present the sale of the Harbor Freight Tools located at 1735 West Florida Avenue in Hemet, California.
Complete Details
Year Build: 1970
Building Size: 20,571 SqFt.
No of Stories: 1
Total Lot Area: 20571 SqFt.
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: Yes
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
Avison Young is pleased to present the sale of the Harbor Freight Tools located at 1735 West Florida Avenue in Hemet, California. This ±20,571 SF property is located at in a busy retail center in a large commercial corridor of Hemet. Located off of main thoroughfare West Florida Avenue (±30,520 VPD), the asset gets great street visibility and their is ample parking for customers at the center. Harbor Freight has 11 years remaining on the base term of the lease, and they have four (4), five (5) year options. This is an excellent opportunity to invest in a stable asset in the coveted California retail market.
Additional Properties
Property Tenants
  • ±20,571 SF property leased by National Tenant, Harbor Freight Tools
Property Highlights
  • 11 years remaining on lease term, and four (4), five (5) year options
  • Recent parking lot resurfacing
  • Situated off heavily trafficked West Florida Ave (Highway 79)
  • Numerous nearby synergistic national retailers including Red Robin, Chili’s, Sprouts Farmers Market, PetSmart, Ulta Beauty, and more
Listing Location
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