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29649608
29649609

1555 Farmersville Rd, Farmersville, CA 93223

VC
CA 02093208
Casey & Associates
JL
Casey & Associates
Listed by Casey & Associates
$9,900,000
116 days on market
Updated 21 days ago

Red Rock Plaza

Details
APN 128-200-053
Property Type Retail
Sub Type Shopping Center
Square Footage 212,137
Net Rentable (SqFt) 31,073
Units 1
Cap Rate 4.53%
NOI $448,106
Occupancy 100%
Tenancy Multi
Brand/Tenant Dollar General
Lease Type NNN
Price per SqFt $47
Broker Co-Op Yes
Year Built 2007
Acreage 212137.000
Zoning Commercial
Investment Type Net Lease
Ownership Farmersville Red Rock Plaza LLC
Sale Condition 1031 exchange

A charming stabilized Retail-Strong Tenancy-Compelling Cash Flow

Marketing description

Red Rock Plaza is a vibrant neighborhood retail center anchored by Dollar Tree and AutoZone, proudly serving the growing and close-knit community of Farmersville, California. The offering features approximately 12,000 square feet of in-line shop space, two trusted national anchors, and two prime, unbuilt hard-corner pad sites with exciting future development potential.

Situated on a single ±4.87-acre parcel, the center is thoughtfully designed with all shops and anchors housed within one highly visible building. The shopping center is currently 100% leased, providing immediate and reliable income, while the two available pad sites create a unique opportunity for expansion. Both pads are stubbed for utilities, with one pad offering a possible drive-thru option. A tentative parcel map has already been prepared to parcelize these pads, allowing flexibility for future development or individual sale.

Red Rock Plaza is located just five miles east of Visalia in a community that continues to grow as families seek more affordable housing while staying connected to regional employment hubs.

What truly sets Red Rock Plaza apart is its position as the only anchored shopping center in Farmersville, with limited competition from a Family Dollar, a small local grocer, and several fast-food restaurants. The center sits at the prominent intersection of North Farmersville Boulevard and Walnut Avenue, directly near Farmersville High School, creating steady daily foot traffic from students, parents, and faculty. Its location on the popular “going-home” side of North Farmersville Boulevard captures commuters returning from Visalia and points north, making it a natural and convenient stop for everyday needs.

Red Rock Plaza combines strong tenancy, excellent visibility, and a warm neighborhood setting—making it an ideal destination for both shoppers and future retail growth

Investment highlights

  • Premier Anchored Retail Center: Red Rock Plaza is the only anchored shopping center in Farmersville, featuring strong national tenants Dollar Tree and AutoZone that drive consistent daily traffic and long-term stability.

  • 100% Leased with Upside Potential: The center is fully leased, providing immediate income, while two unbuilt hard-corner pad sites offer exceptional opportunities for future development or individual sale.

  • Prime Location Near Farmersville High School: Ideally situated at the intersection of North Farmersville Boulevard and Walnut Avenue, directly adjacent to Farmersville High School, generating steady traffic from students, families, and faculty throughout the day.

  • Growing Residential Market: Located just five miles east of Visalia, Farmersville continues to experience population growth as residents seek more affordable housing while remaining close to regional employment centers.

  • Limited Competition: As the only anchored shopping center in the city, Red Rock Plaza faces minimal competition, with only a Family Dollar, a small local grocer, and several fast-food restaurants in the immediate trade area.

  • Development-Ready Pad Sites: Both pad sites are stubbed for utilities, with one pad offering a potential drive-thru use. A tentative parcel map is in place to allow flexibility for future development or separate disposition.

  • Strong Visibility & “Going-Home” Traffic: Positioned on the desirable going-home side of North Farmersville Boulevard, the center captures daily commuter traffic returning from Visalia and points north.

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
$448,106.00
$37,342.17/mo

Valuation Metrics

0
DSCR
4.53%
Cap Rate
4.53%
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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