Overview

Description

NNN Leased Retail Investment. Corporate Guaranteed Lease by Monro, Inc. (NASDAQ: MNRO) – 1,300+ Locations Nationwide. NNN Lease Structure – No Landlord Responsibilities. 7,920 SF Freestanding Auto/Retail Building. 10-Year Initial Lease Term – Expires 12/31/2030. Current Rent: $7,127.15/Month ($1.08 PSF) – Reliable In-Place Cash Flow. Strong Retail Corridor Location on W. Florida Ave (Hwy 74) – 31,641 CPD. High Visibility Corner Location with Dedicated Monument Signage. Dense Surrounding Demographics: 173,000+ Population within 5 Miles. Ideal 1031 Exchange Opportunity – Passive, Income-Producing Investment. Tenant Operates as Allen Tire Co. – A Monro Brand. Built-In 5% Rent Increase In 2026, Followed By 10% Increases Every 5 Years Through 2045.

Location

Hemet

Contact Broker