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22177584
22172717

5223 W Walnut Ave, Visalia, CA 93277

VC
CA 02093208
Casey & Associates
JL
Casey & Associates
Listed by Casey & Associates
$3,100,000
503 days on market
Updated 20 days ago

Rancho Viejo

Details
APN 119-650-007-000
Property Type Retail
Sub Type Shopping Center
Square Footage 8,161
Net Rentable (SqFt) 8,128
Units 5
Cap Rate 5.24%
NOI $162,545
Occupancy 100%
Tenancy Multi
Brand/Tenant Jimmy Johns, Sweet Spa (+1)
Lease Type NNN
Rent Bumps Yes
Year Built 1999
Buildings 1
Stories 1
Acreage 0.720
Zoning Commercial
Parking Spaces 77 spaces
Parking Per SqFt 9.44
Investment Type Net Lease
Tenant Credit Credit Rated
Occupancy Date 12/30/2024
Ownership Corporation
Sale Condition 1031 exchange

Prime Investment Opportunity-Rancho Viejo Shopping Center

Marketing description

Introducing a prime commercial property - Rancho Viejo located at 5223 W Walnut Ave., Visalia, Ca This stunning location offers a lucrative opportunity for investors seeking a high-traffic area with great visibility. Rancho Viejo Plaza boasts a modern design and versatile layout, ideal for retail shops, restaurants, or office spaces. The property features ample parking, easy access to main roads, and breathtaking ocean views that will attract customers and clients alike. Don't miss the chance to own a piece of this vibrant central Valley community with endless possibilities for growth and success. Whether you're looking to establish a new business or expand an existing one, Rancho Viejo is the perfect investment to make your mark in the heart of Tulare County, Opportunities like this don't come often - seize the moment and turn your commercial dreams into reality in Visalia, Ca.

Investment highlights

  • High-Traffic Location: Strategically positioned at Walnut Ave and Acres, ensuring maximum visibility and consumer flow.

  • Strong Anchors: Anchored by Save Mart and McDonald’s, driving consistent foot traffic to the center.

  • National & Regional Retail Synergy: Surrounded by top-performing brands, enhancing tenant success and investment value.

  • Thriving Market: Located in a growing commercial district of Visalia, offering long-term appreciation potential.

  • Stable & Diverse Tenant Mix: A well-balanced blend of national, regional, and local businesses catering to a broad customer base.

  • An exceptional retail investment opportunity in one of Visalia’s most vibrant shopping destinations!

Listing Contacts

VC
CA 02093208
Casey & Associates
JL
Casey & Associates
Listed by Casey & Associates

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$162,545.00
$13,545.42/mo

Valuation Metrics

0
DSCR
5.24%
Cap Rate
5.24%
ROI

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Additional Information

Name
Vicky Casey
License
02093208
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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