top of page
260_N_Sanderson_Ave_1.jpg
260_N_Sanderson_Ave_1.jpg
260 North Sanderson Ave. Hemet, CA 92545

Former Rite Aid

Price: 
Land Price / SF:
Year Built: 
APN: 
Vector 1.png

Contact Agent
For Details

Vacant

2005

448-310-028

Building Area:
Land Area: 
Zoning:
Status: 

16,680 SF

79,279 SF

C-2 general
Commercial Zone

Contact Agent
For Details

Unlock OM

Click here to download

Vector 2.png

  Infill Value-Add Opportunity for Sale or Lease:

  • 260 North Sanderson Presents a Significant Infill Value-Add Opportunity Through Repositioning or Redevelopment of a Former Rite Aid Building Totaling (+/-) 16,680 SF Situated Upon Approximately 1.83 AC (79,279 SF) Of Land.

  • Valued for Sale at Well Below Replacement Cost – Contact Agents for Details

  • Available for Lease at Market Rates – Contact Agents for Details

 Well Maintained Former Rite Aid Building – Built in 2005:

  • Excellent Positioning With Clear Sight to Both Sides of Building for Signage as Well as Existing Monument Signage on Devonshire.

  • Dimensions Approximately 115’ X 133’ With Mezzanine Space Above Loading Area of Approximately 1,300 SF.

  • Store Interior Well Maintained and Intact - 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 North Sanderson and West Devonshire, Which Sees Over 33,000 Cars Per Day.

  • Ingress and Egress are Positioned Well Before the Signalized Intersection With Two-Way Curb Cuts From Devonshire and Sanderson.

  • Generous Parking Ratio of 4:1000 SF With a Total of 70 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 1-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, JC Penney, 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 30% Seniors Over the Age of 65 and Over 20% 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 160,579 People Within a 5-Mile Radius, With an Average Household Income of Approximately $71,761.

260 North Sanderson offers a prime infill value-add opportunity through repositioning or redevelopment of a former Rite Aid building. This property, totaling approximately 16,680 square feet, sits on 1.83 acres (79,279 square feet) of land. The building is available for sale at a price well below replacement cost, or for lease at market rates, with further details available upon contacting the agents.

Constructed in 2005, the well-maintained former Rite Aid building features excellent visibility with signage opportunities on both sides, as well as an existing monument sign on Devonshire. The building dimensions are approximately 115 feet by 133 feet and include mezzanine space of about 1,300 square feet above the loading area. The store’s interior is in good condition, with ceiling heights ranging from 14 to 19 feet, and it includes a functional drive-thru and designated ground-level loading area at the back.

The property boasts strong site features, including a signalized hard corner location at the busy intersection of North Sanderson and West Devonshire, which experiences over 33,000 cars per day. Ingress and egress are efficiently positioned before the intersection with two-way curb cuts from Devonshire and Sanderson. The parking ratio is generous at 4 spaces per 1,000 square feet, totaling 70 parking stalls, and the site includes fortified and secured trash enclosures.

Situated in Hemet’s premier retail hub, the property benefits from strong retail synergy, with over 2.2 million square feet of national and regional tenants within a 1-mile radius serving Hemet and San Jacinto. Major anchors in the vicinity include Target, Home Depot, Lowes, Winco, JC Penney, Hobby Lobby, Smart & Final, Grocery Outlet, Sprouts, Stater Bros, Ross, Joann, Marshalls, Regal, ULTA, and Harbor Freight Tools, among others.

The city of Hemet, located in the San Jacinto Valley (Riverside County) and adjacent to the popular San Jacinto forests, has a dense working-class demographic. Approximately 30% of households are seniors over the age of 65, and over 20% are under the age of 20, with retail expenditures prioritizing housing, transportation, food, and personal insurance/pensions. The location is supported by strong demographics, comprising 160,579 people within a 5-mile radius and an average household income of approximately

$71,761.

The Studios on Tamarind
bottom of page