1891 San Jacinto AveSan Jacinto, CA 92583

Property Details for 1891 San Jacinto Ave

Year built

2008

Construction

WOOD

Lot size

0.37 AC

Property size (Sq ft)

3,879 SF

Zone code

C1

Property type

Retail properties

Property subtype

Strip malls

APN

439-120-056

APU

439120056

Description

This ±3,916 square foot retail pad building, located at 1891 S San Jacinto Ave in San Jacinto, CA 92583, presents a unique owner-user opportunity. Situated as an outparcel to a Walmart Supercenter within the Mount San Jacinto Plaza shopping center, this property benefits from high traffic counts exceeding 25,000 vehicles per day. The building currently houses a 916 square foot tenant, Fred Loya Insurance, on a short-term lease, offering potential for supplemental income. The remaining space provides a blank canvas for an owner-user seeking approximately 4,000 square feet of space. This prime location boasts convenient access to major roadways, including California Route 79 and Route 74, connecting to San Diego and Orange Counties. The surrounding area is densely populated, with over 123,000 residents within a three-mile radius and more than 40,000 households in the immediate trade area. The property's proximity to San Jacinto High School, Mt. San Jacinto College, and the Soboba Casino Resort further enhances its appeal. The shopping center itself attracts nearly 270,000 visitors annually, generating over three million visits. This strong anchor tenant and diverse retail mix, including Walgreens, El Pollo Loco, and others, ensures high visibility and customer traffic. Recent construction of 7-Eleven, Sonic, and The Habit Burger Grill in the immediate vicinity further strengthens the area's retail landscape. The property is offered at $2,795,000 and is leased under a NNN agreement. This is an exceptional opportunity for a business owner to acquire their own asset and benefit from the tax advantages of real estate ownership.

• CAP approach

  CAP return

  Valuation

  6%

  $1,567,176

  6.5%

  $1,446,624

  7%

  $1,343,294

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,714,769

  Geo Method

  $3,440,535

• Alternative Use

  Use

  Valuation

  Residential

  $1,220,281

  Hospitality

  $1,117,771

  Educational

  $929,972

  Medical

  $961,956

  Retail

  $1,446,624

Location Insight

City

San Jacinto

County

Riverside

State

California

Latitude

33.7671

Longitude

-116.958

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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