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Hemet, CA - Ramona Plaza

1300-1480 E. Florida Avenue, Hemet, CA 92544

  • For Sale $14,100,000
  • Property Type Retail
  • Property Size 102,546 Sqft
  • Property Tenancy Multi-Tenant
  • Year Built 1974
  • Year Renovated 2020
  • Date Updated Nov 08, 2021
Ramona Plaza is strategically located at the signalized, hard corner intersection of E. Florida Ave (CA-74) and N. San Jacinto St., averaging a combined 57,000 vehicles passing by daily. The property benefits from excellent visibility with clear pylon signage along both N. San Jacinto St., and E. Florida Ave., the primary retail and commuter thoroughfare in Hemet. The shopping center serves nearby residents as well as workers from the Hemet Global Medical Center and neighboring doctor offices, providing a direct consumer base from which to draw. Other retail centers in the trade area include Page Plaza (351,000 SF), Hemet Valley Center (234,000 SF), Village West Center (196,700 SF), and Hemet Valley Mall (273,000 SF), significantly increasing consumer draw to the area and promoting crossover store exposure for Ramona Plaza. Other nearby national/credit tenants include Target, The Home Depot, Sprouts, Burlington, Tractor Supply Co., Lowe’s Home Improvement, Stater Bros., Ross Dress for Less, and more, further increasing exposure and crossover synergy for the asset. Moreover, the asset is within close proximity to numerous residential developments such as Amberwood Villas (180 units), Devonshire Apartments (276 Units), Mayberry Colony (89 units), Brentwood Apartments (48 units), Franklin Terrace (60 units), and Riverdale Apartment Homes (96 units), offering an immediate food, service, and fitness options for nearby residents. The 5-mile trade area is supported by over 170,000 residents and more than 29,000 daytime employees. Residents within the 5-mile of the property have an average household income of $62,000.
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Location

  • City Hemet, CA
  • Zip Code 92544
  • Market Inland Empire

Contacts

Matthew Mousavi

Newport Beach

(949) 698-1116

Frequently Asked Questions

What is the total square footage of Hemet, CA - Ramona Plaza?

Hemet, CA - Ramona Plaza totals 102,546 square feet.

When was this property built?

Hemet, CA - Ramona Plaza was built in 1974.

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Contact Listing Broker

Matthew Mousavi

Newport Beach

(949) 698-1116

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