Updated Oct 10, 2025
Steve Haddadin Of King Real Estate Group Represents Buyer In Retail Sale At 690 State Street For $4.125M
690 State Street
$4,250,000
$1,544/SF
Building Size
2,751 SF
Asset Type
Retail
Closing
May 8, 2025
About this deal
AI
This retail property, located at 690 State Street in the Inland Empire market, has a sale price of $4,125,000 and encompasses a total square footage of 2,751.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,125,000
- Address: 690 State Street
- Market: Inland Empire
- Square Footage: 2,751
- Attorney & Buyer's Representative: Steve Haddadin - King Real Estate Group
Steve Haddadin represented the buyer in this transaction, indicating his role in facilitating the deal on behalf of the purchasing party with the King Real Estate Group.
Players
Hemet Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93