Listed by Schuil Ag Real Estate
$1,900,000
Olive Avenue Commercial Office Bldg., Porterville
Details
APN 260-214-006-000
Property Type Office
Sub Type Traditional Office
Square Footage 5,100
Units 1
Occupancy 100%
Tenancy Single
Brand/Tenant Citizens Bank
Lease Type NNN
Lease Expiration 06/30/2027
Broker Co-Op Yes
Class B
Buildings 1
Stories 1
Lot Size (SqFt) 22,500
Sale Condition 1031 exchange
Office | 5,100 SqFt
Marketing description
Location
This commercial office building is located in downtown Porterville on Olive Ave and Main Street at 65 W. Olive Avenue, Porterville, CA.
Size
The building is +/-5,100 square feet and the lot is +/-22,500 square feet.
Building Use
Office building is currently rented to Citizens Business Bank.
Legal
Tulare County APN: 260-214-006
Remarks
This fully leased investment property is leased to Citizens Business Bank through June 30, 2027. The lessee has two additional five-year options to extend the lease. The monthly lease rate is $10,000 per month, NNN. The property is ideally located in downtown Porterville, close to other local businesses and with convenient access to CA Highway 65.
Listing Contacts
Listed by Schuil Ag Real Estate
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