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Cornell Plaza 2888 E Florida Ave 1,008 - 1,890 SF of Retail Space Available in Hemet, CA 92544
Highlights
- 3 retail suites available — ±4,706 SF combined — $0.90/SF/mo NNN
- Dual street frontage: 194' on Florida Ave / 246' on Cornell St
- Immediate occupancy; TI allowances negotiable based on term & credit
- Hard corner — NWC of E. Florida Ave (Hwy 74) & Cornell St (East Hemet)
- Combined ±52,000 ADT (Florida Ave 26,650 / Cornell St 25,400)
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,008-1,890 SF | Negotiable | $1.39 CAD/SF/YR $0.12 CAD/SF/MO $2,626 CAD/YR $218.80 CAD/MO | TBD |
1st Floor
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,890 SF | Gross Leasable Area | 14,750 SF |
| Min. Divisible | 1,008 SF | Year Built | 2008 |
| Property Type | Retail | Parking Ratio | 0.81/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,890 SF |
| Min. Divisible | 1,008 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 14,750 SF |
| Year Built | 2008 |
| Parking Ratio | 0.81/1,000 SF |
About the Property
Cornell Plaza — Three Retail Suites for Lease Cornell Plaza offers three retail suites for lease totaling ±4,706 SF at 2888 E. Florida Avenue in Hemet, California. The ±14,750 SF multi-tenant retail center was built in 2008 and sits on a ±1.08-acre hard corner at the northwest corner of East Florida Avenue (Highway 74) and Cornell Street, with strong dual frontage of 194' along Florida Avenue and 246' along Cornell Street. The property benefits from combined daily traffic of approximately 52,000 vehicles — 26,650 ADT on Florida Avenue and 25,400 ADT on Cornell Street — and is positioned adjacent to Hemet Global Medical Center along one of the city's primary east–west retail corridors. Available Suites - Immediate Occupancy: Unit 5 - ±1,008 SF (24' × 42') - Built-out with three private offices and one private restroom. Unit 6 - ±1,808 SF —- L-shaped layout (24'×32' + 52'×20'); vanilla shell with high exposed ceiling. Unit 7 - ±1,890 SF (45' × 42') - One private restroom; vanilla shell with storefront windows. Asking rate is $0.90/SF/month NNN. Zoning is C-2 (City of Hemet). The trade area supports approximately 39,100 residents within one mile and 142,500 within three miles, with a one-mile median household income near $70,000 and ±29,600 daytime employees. Tenant improvement allowances are negotiable based on lease term and credit. Contact the listing team to schedule tours and confirm current availability.
Nearby Major Retailers
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Cornell Plaza | 2888 E Florida Ave
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