Contacts
Corporate Commercial Real Estate Counselors CCREC
CCIM, CSM
Property Details
- Property Type Retail
- Property Size 17,570 SF
- Lot Size 1.56 Acre
- Additional Rent Contact for pricing
- # of Floors 1
- Average Floor Size 17,570 SF
- Parking Spaces Avail. 74
- Parking Ratio 4.21 / 1,000 SF
- Property Tenancy Single Tenant
- Building Class B
- Year Built 2006
- Date Updated Nov 24, 2024
An Opportunity for savvy investors: an 8% cap rate investment with a 9-year lease, corporate guarantee, and a massive 66% increase at option. The property is in a top-performing location, showing double the sales of comparable stores. On top of that, this is a true "seller's loss is buyer's gain" scenario-initially acquired for $8,000,000, it is now offered at $3,500,703 to pay off outstanding loans and take advantage of a tax write-off.
Reach out to the broker for more info on lease terms and amenities
Getting around
-
Walk Score ®
-
Bike Score ®
Tenants
Tenant Name | Suite Number | Available Area | Expiration Date |
---|---|---|---|
Rite Aid | 1 | 17,560 Sq. Ft. | March 31, 2033 |
Location
- City Visalia, CA
- Neighborhood Cherry Meadow
- Market Central Valley
Points of Interest
-
Rozi's
1.02 miles
-
7-Eleven
1.06 miles
-
Chevron
1.38 miles
-
76
1.52 miles
-
shell
1.55 miles
-
Sinclair
2.06 miles
-
Valero
2.10 miles
-
Flyers
2.24 miles
-
Costco Gasoline
2.27 miles
-
evconnect
6.65 miles
-
Willow Parking Garage
1.55 miles
-
Acequia Parking Garage
1.69 miles
-
Port of Subs
0.86 miles
-
Masaru's
0.86 miles
-
Thai Basil
0.86 miles
-
TASTY DONUTS
0.87 miles
-
Little Caesars
0.87 miles
-
Jack in the Box
0.90 miles
-
Round Table Pizza
0.90 miles
-
KFC
0.92 miles
-
McDonald's
0.93 miles
-
Visalia Waffles
0.95 miles
-
Save Mart
0.84 miles
-
Walmart Supercenter
0.86 miles
-
R-N Market Visalia
1.03 miles
-
best buy market
1.81 miles
-
Smart & Final
1.94 miles
-
Mercado Sol Del Valle
2.00 miles
-
FoodMaxx
2.14 miles
-
Smart & Final Extra!
2.30 miles
-
dd's Discounts
2.31 miles
-
Visalia Mall
2.33 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Corporate Commercial Real Estate Counselors CCREC
CCIM, CSM