Value-Add Retail Opportunity | Former Big Lots | Hemet, CA

Highlights:

• Owner-User or Value-Add Flexibility: Multi-tenant retail center offers optionality for occupancy, re-tenanting, or repositioning.
• ±27,500 Daily Vehicles on Florida Ave: Situated along Hemet's primary commercial thoroughfare with approximately 27,500 vehicles per day.
• Signalized Corner with Dual Frontage: 735 feet on E Florida Avenue and 542 feet on S Yale Street at a signalized, high-visibility corner.
• Strong Surrounding Retail Environment: National retailers, QSRs, and essential service providers nearby drive consistent consumer traffic.
• 100K+ Residents and $82K+ Avg Income: Over 180,000 residents within five miles with continued residential and retail expansion in Hemet.
• ±2.11-Acre, C-2 Zoned Retail Parcel: Generous lot size and commercial zoning support diverse retail uses and potential reconfiguration.

Description:

Coming to auction on RI Marketplace June 10th
More Information: https://rimarketplace.com/auction/3154/retail/hemet/ca

RealINSIGHT Marketplace, in partnership with Matthews Real Estate Investment Services, is pleased to present 2087–2093 E Florida Avenue, a ±28,017-square-foot multi-tenant retail property located on ±2.11 acres at the signalized corner of E Florida Avenue and S Yale Street in Hemet, California. Built in 1984 and zoned C-2, the property offers ±735 feet of frontage on Florida Avenue and ±542 feet on Yale Street, providing exceptional dual-street visibility along Hemet's busiest commercial corridor. The center is surrounded by a dense retail environment anchored by national tenants, quick-service restaurants, and essential service providers that generate consistent consumer traffic. The property's flexible layout, ample parking, and broad zoning make it well suited for owner-users, developers, or investors seeking repositioning or redevelopment opportunities. Supported by over 180,000 residents and average household incomes exceeding $70,000 within a five-mile radius, the site benefits from a growing Inland Empire submarket with sustained residential and retail expansion.