2309 E Tulare Ave
16,270 SF Single-Tenant Retail | 7% CAP | Flooring Liquidators
Marketing description
2309 E Tulare Avenue offers a 16,270 SF single-tenant retail property in the heart of Tulare, CA. Built in 2006, the property sits on a 1.22-acre lot with prime frontage along East Tulare Avenue and South Mooney Boulevard—two of the city’s major thoroughfares. Currently leased to Flooring Liquidators, a leading regional retailer specializing in flooring sales and installation, this property provides investors with a reliable income stream, long-term tenancy, and a strong presence in a high-traffic retail corridor.
Investment highlights
Established Commercial Asset: 16,270 SF single-story retail building, built in 2006, on a 1.22-acre parcel with strong frontage and visibility.
Prime Location with Strong Visibility: Situated on East Tulare Avenue near South Mooney Boulevard, offering excellent exposure and convenient access to major roads.
Stable Long-Term Tenancy: 100% occupied by Flooring Liquidators, a reputable tenant with a proven track record in the flooring industry.
Attractive Financials: $13,830 monthly base rent (NNN) with a 7.00% cap rate, ensuring solid returns.
Secure Lease Structure: 10-year lease term (1/1/2023 – 12/31/2032) with three 5-year renewal options.
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