NEC Florida Avenue & Myers Street

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NEC Florida Avenue & Myers Street

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

What's Special

Located at the northeast corner of Florida Avenue and Myers Street, this retail site occupies a high-visibility position along Hemet’s primary east-west commercial corridor. The surrounding neighborhood features a mix of established residential communities and active shopping centers. Nearby amenities include major national retailers, grocery stores, and local service providers, ensuring consistent consumer activity. The property benefits from direct access via Highway 74 (Florida Avenue), providing significant daily vehicle counts and convenient connectivity to the wider Inland Empire region. This location is well-suited for a variety of retail uses, including neighborhood-serving storefronts, quick-service restaurants, or specialized service providers. The asset’s physical profile and high traffic exposure align with the needs of regional franchises and independent businesses seeking maximum brand visibility. Typical tenants would include essential service retailers, medical clinics, or boutique consumer shops looking to capitalize on the area's established residential base and the steady flow of commuting traffic through the Hemet submarket.

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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

Location & Travel Times