San Jacinto, Calif. – There are an estimated 230,000 people in the center’s trade area.
San Jacinto, Calif. – Coldwell Banker Commercial (CBC) Alliance Orange County’s office has closed the sale of the Mt. San Jacinto Plaza for $6.4 million. The Class A retail property consists of three multi-tenant buildings totaling 18,712 square feet and is anchored by Walmart Supercenter. CBC Alliance’s executive vice president Scott Hook and Hook Retail Advisors represented both the buyer, Shivoham Investment LLC, and the seller, San Jacinto Investment Group LLC. The property closed at a cap rate of 6.2 percent. The Mt. San Jacinto Plaza was constructed in 2008 and is co-anchored by Walgreens, Wendy’s and El Pollo Loco. Other tenants include AT&T Wireless, Pacific Dental, ProfessioNail, Great Clips, Bank of Hemet and GameStop.
— Scott Reid