2880 W Florida Ave

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2880 W Florida Ave

hemet, CA 92545
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

2880 West Florida Avenue is located within a primary commercial corridor in Hemet, California. The property positioned along State Route 74, a major east-west thoroughfare that provides direct access to surrounding residential neighborhoods and neighboring municipalities. The immediate area features a high density of established retail centers, grocery stores, and quick-service restaurants. This location benefits from consistent vehicular traffic and proximity to public transit stops, ensuring visibility and accessibility for local commuters and residents within the San Jacinto Valley. The property is suited for a variety of retail applications, including neighborhood-serving shops, service-oriented businesses, or satellite medical offices. Typical tenants for this asset profile include regional franchises, independent retailers, and professional services that require high-visibility storefronts. The layout and location support businesses focused on daily-needs consumers, such as fitness studios, financial institutions, or specialty retail outlets looking to capitalize on the established commercial synergy of the West Florida Avenue corridor.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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