1250 State StSan Jacinto, CA 92583

Property Details for 1250 State St

Year built

2020

Construction

WOOD

Lot size

2.23 AC

Property size (Sq ft)

9,998 SF

Property type

Retail properties

Property subtype

Retail space

APN

433-291-047

APU

433291047

Description

This exceptional investment opportunity presents a 10,000-square-foot storefront in San Jacinto, CA, currently leased to Dollar Tree under a triple-net (NNN) lease. The property, built in 2020, sits on a substantial 61,420-square-foot lot (approximately 2.23 acres) and is zoned C-2. The current lease, commenced November 12, 2019, has a remaining term of approximately eight years, expiring February 28, 2030. The lease includes three five-year renewal options, providing significant long-term stability. With a 100% occupancy rate and a strong net operating income (NOI) of $125,000, this property boasts a compelling 5.75% cap rate. The asking price is $2,174,000, translating to $250 per square foot. This is a single-tenant property offering a secure, passive income stream with a nationally recognized tenant. The property's address is 1250 N State St, San Jacinto, CA 92583, and its Assessor's Parcel Number (APN) is 433-291-049. This represents a rare opportunity to acquire a well-located, high-performing retail asset with substantial long-term potential. The property's prime location and the strength of the Dollar Tree lease make this an attractive investment for discerning buyers seeking a stable and profitable addition to their portfolio.

• CAP approach

  CAP return

  Valuation

  6%

  $4,039,346

  6.5%

  $3,728,628

  7%

  $3,462,297

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,419,763

  Geo Method

  $8,867,870

• Alternative Use

  Use

  Valuation

  Residential

  $3,145,237

  Hospitality

  $2,881,020

  Educational

  $2,396,975

  Medical

  $2,479,410

  Retail

  $3,728,628

Location Insight

City

San Jacinto

County

Riverside

State

California

Latitude

33.8037

Longitude

-116.973

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].