W Devonshire Avenue
Hemet, California 92545, United States

MLS#: 372754083

$6,250,000 USD

Minimum sellable space
1,377m² (14,821ft²)
The details

Property features

Date Updated: Jun 27, 2024

Construction details

Year built
2006

Area

Property size
1,377m² (14,821ft²)
Land/Lot size
7,446m² (80,150ft²)
Cooling system
Central AC
Heating system
Central

Description

This social security office was built to suit in 2006 and was updated in 2022. Hemet is a city in the San Jacinto Valley in Riverside County, California with a population of 90,689 people in 2002 and is the fastest growing city for retirees in California. This social security office recently renewed a 15 year new modified gross lease in April 2022, with 13 years remaining on the lease with annual rent increase for the best return on equity. This property is suitable for 1031 national GSA landlords and investors who are looking for a high cash flow and tenant security.

Location

W Devonshire Avenue, Hemet, California 92545, United States
map image
Courtesy of Sharon Chang Re/Max Premier Prop SanMarino

Listing Contact: 626-202-5158