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Listed by Sharon Chang • Re/Max Premier Prop SanMarino
$ 6,250,000
Est. payment | /mo
14,821 SqFt
$ 6,250,000
Est. payment | /mo
14,821 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 14,821 sqft
Price per Sqft $421
MLS Listing ID CRAR24094923
HOA Y/N No
Originating Board Datashare California Regional
Year Built 2006
Lot Size 1.840 Acres
Property Description
This social security office was built to suit in 2006 and was updated in 2022. Hemet is a city in the San Jacinto Valley in Riverside County, California with a population of 90,689 people in 2002 and is the fastest growing city for retirees in California. This social security office recently renewed a 15 year new modified gross lease in April 2022, with 13 years remaining on the lease with annual rent increase for the best return on equity. This property is suitable for 1031 national GSA landlords and investors who are looking for a high cash flow and tenant security.
Location
State CA
County Riverside
Interior
Heating Other
Cooling Central Air
Fireplace No
Building
Water Public
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Melanie Peterson-Katz
Partner | Lic# 00890767