1995 E Florida Ave, Hemet, CA 92544

FREESTANDING BUILDING ON A SIGNALIZED INTERSECTION

Opportunity to either buy or lease the existing former bank or ground lease the parcel and replace the existing building.

Located on the SWC of E. Florida Ave and Yale Street with visibility to ±27,720 / CPD

Within a 3-mile radius, demographics show a daytime population of 20,006 and an overall population of 114,754 with an average household income in excess of $79,576.

Surrounding national tenant mix includes Walmart Neighborhood Market, Stater Bros, Harbor Freight, Grocery Outlet, Planet Fitness, Starbucks, True Value, Taco Bell, Rent-A-Center and more.

OPPORTUNITY TO OWN RATHER THAN LEASE

Purchase financing is available to owner-users through the Small Business Administration. Down payments are as little as 10%.

As an owner, one can benefit from the potential appreciation of the asset.

After removing principal paydown and accounting for only the interest portion of the monthly loan payment, the cost to occupy (and own) this building can be - far less than the cost of leasing.

SBA financing allows for buyers to lease up to 49% of their building, creating the opportunity to further reduce occupancy costs.