Overview

Description

Robert Mendieta and KW Commercial are proud to offer this single tenant NNN sale & leaseback at a 5.31% CAP rate (Proforma). This property has been completely renovated featuring a new roof, new AC, new electric, new flooring, drywall and paint. The seller has spared no expense on this renovation that cost over $500,000.00 and is completely permitted. Seller is a restauranteur that owns multiple businesses. This property serves as both a retail property and a manufacturing facility for wholesale ice cream sales. Walk-in freezer, refrigerator and all restaurant equipment are not included in the sale.

If you're looking for a hand's off commercial real estate investment, this property if for you.

Hemet is a city in the San Jacinto Valley in Riverside County, California. It covers a total area of 27.8 square miles (72 km2), about half of the valley, which it shares with the neighboring city of San Jacinto. The population was 78,657 at the 2010 census.

Highlights

• Single Tenant NNN Investment
• Impeccable Tenant Improvements
• New Roof
• New AC
• New Electric
• New Flooring
• New Drywall
• New Paint

---