For Auction
Value-Add Retail Opportunity | Former Big Lots | Hemet, CA
Hemet, CA 92544Represented by
Matthews REIS
Asset Snapshot
Offering Summary
Investment Highlights
- Owner-User or Value-Add Flexibility: Multi-tenant retail center offers optionality for occupancy, re-tenanting, or repositioning.
- ±27,500 Daily Vehicles on Florida Ave: Situated along Hemet's primary commercial thoroughfare with approximately 27,500 vehicles per day.
- Signalized Corner with Dual Frontage: 735 feet on E Florida Avenue and 542 feet on S Yale Street at a signalized, high-visibility corner.
- Strong Surrounding Retail Environment: National retailers, QSRs, and essential service providers nearby drive consistent consumer traffic.
- 100K+ Residents and $82K+ Avg Income: Over 180,000 residents within five miles with continued residential and retail expansion in Hemet.
- ±2.11-Acre, C-2 Zoned Retail Parcel: Generous lot size and commercial zoning support diverse retail uses and potential reconfiguration.
Offering Summary
RealINSIGHT Marketplace, in partnership with Matthews Real Estate Investment Services, is pleased to present 2087–2093 E Florida Avenue, a ±28,017-square-foot multi-tenant retail property located on ±2.11 acres at the signalized corner of E Florida Avenue and S Yale Street in Hemet, California. Built in 1984 and zoned C-2, the property offers ±735 feet of frontage on Florida Avenue and ±542 feet on Yale Street, providing exceptional dual-street visibility along Hemet's busiest commercial corridor. The center is surrounded by a dense retail environment anchored by national tenants, quick-service restaurants, and essential service providers that generate consistent consumer traffic. The property's flexible layout, ample parking, and broad zoning make it well suited for owner-users, developers, or investors seeking repositioning or redevelopment opportunities. Supported by over 180,000 residents and average household incomes exceeding $70,000 within a five-mile radius, the site benefits from a growing Inland Empire submarket with sustained residential and retail expansion.
Due Diligence
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Platform Fee
Buyer pays platform fee at closing.
5% or $25,000 minimum
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
