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Page Plaza
1165 S Sanderson Ave, Hemet, CA 92545
Listing Price: $13,500,000
Investment Overview
Page Plaza is a well-located, grocery-/value-driven power center in southwest Hemet with strong traffic counts, a national tenant lineup, and proximity to Walmart Supercenter. The center offers durable in-place cash flow, long-term lease rollover on much of the rent roll, and meaningful upside from the remaining vacant 9,000 SF suite.
Page Plaza
Investment Highlights
- Prime Retail Center Location at the Hard, Signalized Corner of Sanderson Avenue and Stetson Avenue Boasting Traffic Counts of over 56,000 Vehicles Per Day.
- Page Plaza is Shadow-Anchored by a Walmart Supercenter which Drives Consistent Shopper Traffic to the Surrounding Inline Tenants | Walmart Supercenter Ranks in the Top 80th Percentile in per Placer.ai
- Built in 2009 and Professionally Positioned as a Modern Retail Center, Supporting Long-Term Tenancy and Reduced Near-Term Capital Intensity Relative to Older Centers.
- Page Plaza is Anchored by a Strong Mix of National and Service Tenants, led by Planet Fitness, Dollar Tree, Tillys, Famous Footwear, Hibbett, and Verizon, with a Strong Weighted Average Lease Term of 6.1 Years Remaining.
- Value-Add Leasing Opportunity in the 9,000 SF Vacancy Providing Meaningful Upside.
- Strong Retail Synergy within the Center – Co-tenants Include Walgreens, O'Reilly Auto Parts, Buffalo Wild Wings, Sonic Drive-In, Starbucks, Farmer Boys, Dave's Hot Chicken, 76, and many more.
- Dense regional trade area, with Hemet's population around 92,912 and the broader Hemet-San Jacinto area around 180,000+, supporting a substantial consumer base.
Exclusively Listed By
Listing Price: $13,500,000
Investment Highlights
- Prime Retail Center Location at the Hard, Signalized Corner of Sanderson Avenue and Stetson Avenue Boasting Traffic Counts of over 56,000 Vehicles Per Day.
- Page Plaza is Shadow-Anchored by a Walmart Supercenter which Drives Consistent Shopper Traffic to the Surrounding Inline Tenants | Walmart Supercenter Ranks in the Top 80th Percentile in per Placer.ai
- Built in 2009 and Professionally Positioned as a Modern Retail Center, Supporting Long-Term Tenancy and Reduced Near-Term Capital Intensity Relative to Older Centers.
- Page Plaza is Anchored by a Strong Mix of National and Service Tenants, led by Planet Fitness, Dollar Tree, Tillys, Famous Footwear, Hibbett, and Verizon, with a Strong Weighted Average Lease Term of 6.1 Years Remaining.
- Value-Add Leasing Opportunity in the 9,000 SF Vacancy Providing Meaningful Upside.
- Strong Retail Synergy within the Center – Co-tenants Include Walgreens, O'Reilly Auto Parts, Buffalo Wild Wings, Sonic Drive-In, Starbucks, Farmer Boys, Dave's Hot Chicken, 76, and many more.
- Dense regional trade area, with Hemet's population around 92,912 and the broader Hemet-San Jacinto area around 180,000+, supporting a substantial consumer base.
Investment Overview
Page Plaza is a well-located, grocery-/value-driven power center in southwest Hemet with strong traffic counts, a national tenant lineup, and proximity to Walmart Supercenter. The center offers durable in-place cash flow, long-term lease rollover on much of the rent roll, and meaningful upside from the remaining vacant 9,000 SF suite.
Exclusively Listed By
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