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±4,370 SF Freestanding Building with $7,200 Monthly Income

33389 Highway 74, Hemet, CA, USA
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  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale

Listing ID : 849899

Listed On September 13, 2024 View Count 86

Listing Updated September 13, 2024

Price :
$2,500,000
Business Overview :
License Details :
Business Location Details :
Cannabis or Hemp Use:
Cannabis and/or Hemp
Size:
4,370 Sq. Ft.
Lot Size:
0.58 Acres
Year Built:
2018
Terms :
Financing:
Cash, SBA
Broker Co-Op:
Yes
NDA Required:
No
Company Overview :
Description :

FREESTANDING BUILDING AT HIGH TRAFFIC HIGHWAY INTERSECTION

  • Cannabis License Potentially Available – Call for details.
  • ±2,702 SF Available to Occupy Immediately
  • Income from Leased Drive-Thru Space – Alberto’s Mexican Restaurant is currently paying $7,200/month with 3% annual increases. Their space features an extensive build-out, including an underground grease interceptor and hood system. They recently executed a 5-year extension to February 2029 (with an option to extend to 2034), demonstrating their continued commitment to the site.
  • High Traffic Location – Located at the intersection of Highway 74 & Highway 79 (Winchester Road) with visibility to ±45,900 cars per day.
  • Centrally Located – ±167,200 residents live within a 15-minute drive of the property. Highways 74 and 79 make the property easily accessible to residents in Perris, Hemet, San Jacinto, Menifee, and the French Valley.
  • 2018 High Quality Construction – The property features best in class construction, including a concrete parking lot, drought tolerant landscaping, monument signage, stone columns, metal tin facia, LED parking lot lighting, and more.
26.9 OUTDOOR Acres Divisible into 12 Acres and 14.9 Acres – Available Together or Separately

Harmony Township, NJ, USA

Land For Sale

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Progressive Real Estate Partners
License:01409003

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