$13,725,000 USD
949-419-3273
Page Plaza | 7.25% Proforma
Hemet, CA
Outer San Jacinto
HIGHLIGHTS
- Prime Retail Center Location at the Hard, Signalized Corner of Sanderson Avenue and Stetson Avenue Boasting Traffic Counts of over 56,000 VPD
- Page Plaza is Shadow-Anchored by a Walmart Supercenter which Drives Consistent Shopper Traffic to the Surrounding Inline Tenants
- Walmart Supercenter at Page Plaza Ranks in the Top 80th Percentile in the State of California per Placer.ai
- Built in 2009 and Professionally Positioned as a Modern Retail Center, Supporting Long-Term Tenancy and Reduced Near-Term Capital Intensity
- Strong Weighted Average Lease Term of 5.9 Years Remaining.
- Value-Add Leasing Opportunity in the 9,000 SF Vacancy Providing Meaningful Upside.
OVERVIEW
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.
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949-419-3273
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949-419-3273
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