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Investment Highlights
- Close proximity to the 99 Freeway
- A block to Tulare Outlets: 226,413 square foot outlet shopping center with Nike Factory Store ,Gap Factory Store, Zales the Diamond Store Outlet
- Located at signalized intersection of Prosperity Avenue & Hillman Street (combined traffic count: over 30,000 cpd)
- Ample On-site Surface Parking
Executive Summary
The planned 2,825-square-foot pad building and seven-car drive-thru configuration address rising tenant demand for efficient, modern retail footprints. Ample on-site parking and clean site lines along Prosperity Avenue create an ideal platform for end-users prioritizing convenience and brand visibility. This location benefits from Tulare’s strong demographic profile and longstanding reputation as a retail service center for the surrounding region, anchored by highway connectivity and stable year-round traffic.
With national tenancy already established throughout the surrounding blocks, this property offers investors and developers an opportunity to deliver a high-performing asset into a proven trade area.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.64 AC |
| Property Type | Land | ||
| Zoning | C-3 - Retail Commercial | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.64 AC |
| Zoning | C-3 - Retail Commercial |
1 Lot Available
Lot
| Lot Size | 0.64 AC |
| Lot Size | 0.64 AC |
The pad carve-out opportunity at 1145 E Prosperity Avenue offers a high-visibility retail development site strategically positioned within one of Tulare’s most active commercial corridors.
Description
The pad carve-out opportunity at 1145 E Prosperity Avenue offers a high-visibility retail development site strategically positioned within one of Tulare’s most active commercial corridors. Anchored by national retailers including Lowe’s and CVS Pharmacy, the site benefits from meaningful built-in consumer traffic and strong co-tenancy synergy. Its placement at the signalized intersection of Prosperity Avenue and Hillman Street captures combined traffic counts exceeding 30,000 vehicles per day, ensuring exceptional exposure for future operators. Surrounding the property is a robust lineup of national brands such as Walmart, Walgreens, Big Lots, Ross Dress for Less, and Smart & Final Extra, enhancing destination appeal and driving consistent shopper volume. The site sits just one block from Tulare Outlets, a 226,413-square-foot regional draw that includes Nike Factory Store, Gap Factory Store, Zales Outlet, and more, further strengthening market momentum and positioning.
Property Taxes
| Parcel Number | 171-310-015-000 | Improvements Assessment | $11,388,231 |
| Land Assessment | $7,658,450 | Total Assessment | $19,046,681 |
Property Taxes
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1145 E Prosperity Ave - Pad Carve Out
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