Page Plaza — Sale in Hemet, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Hemet, CA 92545
  • Year built: 2009

Photos

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Investment Figures

Cap rate
7.10%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Page Plaza is a well-located, grocery-/value-driven power center in southwest Hemet with strong traffic counts, a national tenant lineup, and proximity to Walmart Supercenter. The center offers durable in-place cash flow, long-term lease rollover on much of the rent roll, and meaningful upside from the remaining vacant 9,000 SF suite. Investment Highlights: • Prime Retail Center Location at the Hard, Signalized Corner of Sanderson Avenue and Stetson Avenue Boasting Traffic Counts of over 56,000 Vehicles Per Day. • Page Plaza is Shadow-Anchored by a Walmart Supercenter which Drives Consistent Shopper Traffic to the Surrounding Inline Tenants | Walmart Ranks in the Top 80th Percentile in California per Placer.ai • Page Plaza is Anchored by a Strong Mix of National and Service Tenants, led by Planet Fitness, Dollar Tree, Tillys, Famous Footwear, Hibbett, and Verizon, with a Strong WALT of 6.1 Years Remaining.

Market Context

This retail in Hemet, CA is listed for sale. It is offered at an approximate 7.1% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 2009. Compare it against other retail listings for sale in Hemet, CA — view the full market.

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