1230 W Henderson Ave | Porterville, CA 93257
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- LoopNet Team
1230 W Henderson Ave
Porterville, CA 93257
Rally's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Sale-Leaseback Opportunity – This is a sale-leaseback transaction, allowing investors to acquire a stabilized asset with a long-term lease in place.
- Absolute NNN Lease – The lease is absolute triple net (NNN), requiring zero landlord responsibilities, making it a truly passive investment opportunit
- Rent Increases – The lease features 10% rent increases every five years, ensuring consistent revenue growth for investors.
- High-Performing Location – One of the top-performing Rally’s locations, demonstrating strong customer demand and operational success.
- Strong Retail Synergy – The property is out-parceled to a busy shopping center with a strong mix of national tenants, including Walmart, Food 4 Less,
- Strong Location – The property is located in Porterville, California, within the growing Central Valley region, benefiting from steady population grow
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
816 SF
Building Class
B
Year Built
1993
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.70 AC
Zoning
C-2 D
Parking
500 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
26’ on W Henderson Ave
AMENITIES
- Bus Line
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 246-120-016-000 | Improvements Assessment | $1,458,600 |
| Land Assessment | $612,000 | Total Assessment | $2,070,600 |
PROPERTY TAXES
Parcel Number
246-120-016-000
Land Assessment
$612,000
Improvements Assessment
$1,458,600
Total Assessment
$2,070,600
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