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Vacant RiteAid High Traffic Signalized Corner 42021 E Florida St 17,272 SF of Retail Space Available in Hemet, CA 92544

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HIGHLIGHTS

  • Excellent Positioning With Clear Sight to Both Sides of Building For Signage
  • Existing Functional Drive-Thru
  • Signalized Hard Corner Location at the Bustling Intersection of Florida Ave. and South Meridian Ave., Which Sees Over 29,000 Cars Per Day
  • Ceiling Height Approximately 14’ to 19’
  • Designated Ground Level Loading Behind Building
  • Ingress and Egress are Positioned Well Before the Signalized Intersection With Two-Way Curb Cuts

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • CEILING
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 17,272 SF
  • 14’ - 19’
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
Space Use
Retail
Condition
Shell Space
Availability
Now

Infill Value-Add Opportunity for Sale or Lease: Well Maintained Former Rite Aid Building – Built in 2008: • Excellent Positioning With Clear Sight to Both Sides of Building For Signage • Ceiling Height Approximately 14’ to 19’ • Existing Functional Drive-Thru • Designated Ground Level Loading Behind Building Strong Fundamental Site Features: • Signalized Hard Corner Location at the Bustling Intersection of Florida Ave. and South Meridian Ave., Which Sees Over 29,000 Cars Per Day. • Ingress and Egress are Positioned Well Before the Signalized Intersection With Two-Way Curb Cuts. • Generous Parking Ratio of 5.04:1000 SF with a Total of 87 Parking Stalls. • Fortified and Secured Trash Enclosures Located in Dense Retail Hub with Strong Retail Synergy: • Subject Site Is Located in Hemet’s Premier Retail Hub With Over 2.2 Million Square Feet of National and Regional Tenants Within a 2-Mile Radius Serving the City of Hemet and San Jacinto. • Major Anchors in 1-Mile Radius Include Anchor Tenants Such as Target, Home Depot, Lowes, Winco, JCPenney, Hobby Lobby, Smart & Final, Grocery Outlet, Sprouts, Stater Bros, Ross, Joann, Marshalls, Regal, ULTA and Harbor Freight Tools to Name a Few. City of Hemet – Dense Working-Class Demographics: • The City of Hemet is Located in The San Jacinto Valley (Riverside County) and is Adjacent to the Highly Visited San Jacinto Forests. • Households in Hemet are Made Up Approximately 18.1% Seniors Over the Age of 65 and Over 29.2% Under the Age of 20 With Retail Expenditure Prioritizing Housing, Transportation, Food and Personal Insurance/Pensions. • The Location is Supported By Strong Demographics Comprised of 159,469 People Within a 5-Mile Radius, With an Average Household Income of Approximately $76,369.

  • Central Air Conditioning
  • Corner Space
  • High Ceilings
  • Finished Ceilings: 14’ - 19’
  • Drive Thru
  • Excellent Positioning With Clear Sight to Both S
  • Ceiling Height Approximately 14’ to 19’
  • Designated Ground Level Loading Behind Building
  • Signalized Hard Corner Location at the Bustling
  • Ingress and Egress are Positioned Well Before th
  • enerous Parking Ratio of 5.04:1000 SF with a To
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 17,272 SF 14’ - 19’ Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable

1st Floor

Size
17,272 SF
Ceiling
14’ - 19’
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Shell Space
Availability
Now

Infill Value-Add Opportunity for Sale or Lease: Well Maintained Former Rite Aid Building – Built in 2008: • Excellent Positioning With Clear Sight to Both Sides of Building For Signage • Ceiling Height Approximately 14’ to 19’ • Existing Functional Drive-Thru • Designated Ground Level Loading Behind Building Strong Fundamental Site Features: • Signalized Hard Corner Location at the Bustling Intersection of Florida Ave. and South Meridian Ave., Which Sees Over 29,000 Cars Per Day. • Ingress and Egress are Positioned Well Before the Signalized Intersection With Two-Way Curb Cuts. • Generous Parking Ratio of 5.04:1000 SF with a Total of 87 Parking Stalls. • Fortified and Secured Trash Enclosures Located in Dense Retail Hub with Strong Retail Synergy: • Subject Site Is Located in Hemet’s Premier Retail Hub With Over 2.2 Million Square Feet of National and Regional Tenants Within a 2-Mile Radius Serving the City of Hemet and San Jacinto. • Major Anchors in 1-Mile Radius Include Anchor Tenants Such as Target, Home Depot, Lowes, Winco, JCPenney, Hobby Lobby, Smart & Final, Grocery Outlet, Sprouts, Stater Bros, Ross, Joann, Marshalls, Regal, ULTA and Harbor Freight Tools to Name a Few. City of Hemet – Dense Working-Class Demographics: • The City of Hemet is Located in The San Jacinto Valley (Riverside County) and is Adjacent to the Highly Visited San Jacinto Forests. • Households in Hemet are Made Up Approximately 18.1% Seniors Over the Age of 65 and Over 29.2% Under the Age of 20 With Retail Expenditure Prioritizing Housing, Transportation, Food and Personal Insurance/Pensions. • The Location is Supported By Strong Demographics Comprised of 159,469 People Within a 5-Mile Radius, With an Average Household Income of Approximately $76,369.

  • Central Air Conditioning
  • Corner Space
  • High Ceilings
  • Finished Ceilings: 14’ - 19’
  • Drive Thru
  • Excellent Positioning With Clear Sight to Both S
  • Ceiling Height Approximately 14’ to 19’
  • Designated Ground Level Loading Behind Building
  • Signalized Hard Corner Location at the Bustling
  • Ingress and Egress are Positioned Well Before th
  • enerous Parking Ratio of 5.04:1000 SF with a To

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 17,272 SF
Property Type Retail
Property Subtype Drug Store
Gross Leasable Area 17,340 SF
Year Built 2009
Parking Ratio 5.02/1,000 SF

ABOUT THE PROPERTY

Well Maintained Former Rite Aid Building – Built in 2008: • Excellent Positioning With Clear Sight to Both Sides of Building For Signage • Ceiling Height Approximately 14’ to 19’ • Existing Functional Drive-Thru • Designated Ground Level Loading Behind Building Strong Fundamental Site Features: • Signalized Hard Corner Location at the Bustling Intersection of Florida Ave. and South Meridian Ave., Which Sees Over 29,000 Cars Per Day. • Ingress and Egress are Positioned Well Before the Signalized Intersection With Two-Way Curb Cuts. • Generous Parking Ratio of 5.04:1000 SF with a Total of 87 Parking Stalls. • Fortified and Secured Trash Enclosures Located in Dense Retail Hub with Strong Retail Synergy: • Subject Site Is Located in Hemet’s Premier Retail Hub With Over 2.2 Million Square Feet of National and Regional Tenants Within a 2-Mile Radius Serving the City of Hemet and San Jacinto. • Major Anchors in 1-Mile Radius Include Anchor Tenants Such as Target, Home Depot, Lowes, Winco, JCPenney, Hobby Lobby, Smart & Final, Grocery Outlet, Sprouts, Stater Bros, Ross, Joann, Marshalls, Regal, ULTA and Harbor Freight Tools to Name a Few. City of Hemet – Dense Working-Class Demographics: • The City of Hemet is Located in The San Jacinto Valley (Riverside County) and is Adjacent to the Highly Visited San Jacinto Forests. • Households in Hemet are Made Up Approximately 18.1% Seniors Over the Age of 65 and Over 29.2% Under the Age of 20 With Retail Expenditure Prioritizing Housing, Transportation, Food and Personal Insurance/Pensions. • The Location is Supported By Strong Demographics Comprised of 159,469 People Within a 5-Mile Radius, With an Average Household Income of Approximately $76,369.

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

NEARBY MAJOR RETAILERS

Starbucks
Stater Bros Markets
PNC Bank
  • Listing ID: 36401975

  • Date on Market: 2025-06-25

  • Last Updated:

  • Address: 42021 E Florida St, Hemet, CA 92544

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