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123 E Main St 12,315 SF 100% Leased Retail Building Visalia, CA 93291 $5,627,000 ($456.92/SF) 5.51% Cap Rate



Investment Highlights
- Great location in the growing city! Signalized Corner building located in Downtown Visalia.
- 2 addresses and 2 APN; 123 E Main St: 094-298-007 / 129 E main St: 094-298-008.
- Next to Visalia Convention Center and Marriott Hotel.
- Fully renovated.
Executive Summary
Visalia, Tulare County, California nestled in the foothills below the majestic Sierra Nevada. Gateway to Sequoia and Kings National Parks. About 35 miles away. The city’s natural charm and gracious, vibrant community captivate visitors year-round with experiences highlighted by live entertainment, stunning art, rich history and world-class restaurants. Visitors strolling along Main Street and touring the nation’s richest agricultural region. Beautiful weather, friendly people and hundreds of options to explore. Visalia serves as the economic and government center to one of the most productive agricultural counties in the country. Lots of growing industries especially distributing centers and lots of new homes under constructions.
Great location in the growing city! Signalized Corner building located in Downtown Visalia. 2 addresses and 2 APN; 123 E Main St: 094-298-007 / 129 E main St: 094-298-008. Fully renovated. Great tenants. Next to Visalia Convention Center and Marriott Hotel. Total building size 16,151 sqft and total lot 7,942 sqft. Built in 1900. Please do not disturb tenants. Drive by only. Accepted offer along with POF and PQL subject to showing and inspection. Seller and seller’s agents do not guarantee the accuracy and permit of the buildings. Buyer and buyer’s agent advised to independently verify the information of the property. RENT ROLL UPON REQUEST. TEXT OR EMAIL TO CLAY CHOI (213)908-3392 / GOODMORNINGCLAY@GMAIL.COM
Great location in the growing city! Signalized Corner building located in Downtown Visalia. 2 addresses and 2 APN; 123 E Main St: 094-298-007 / 129 E main St: 094-298-008. Fully renovated. Great tenants. Next to Visalia Convention Center and Marriott Hotel. Total building size 16,151 sqft and total lot 7,942 sqft. Built in 1900. Please do not disturb tenants. Drive by only. Accepted offer along with POF and PQL subject to showing and inspection. Seller and seller’s agents do not guarantee the accuracy and permit of the buildings. Buyer and buyer’s agent advised to independently verify the information of the property. RENT ROLL UPON REQUEST. TEXT OR EMAIL TO CLAY CHOI (213)908-3392 / GOODMORNINGCLAY@GMAIL.COM
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
12,315 SF
Building Class
B
Year Built
1900
Price
$5,627,000
Price Per SF
$456.92
Cap Rate
5.51%
NOI
$309,826
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.14 AC
Zoning
CDT - General Commercial
Frontage
15’ on E Main St
Amenities
- 24 Hour Access
Walk Score®
Walker's Paradise (98)
Nearby Major Retailers
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Rocky Realty
123 E Main St
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