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Wienerschnizel Pad 1400 E Noble Ave 1,350 SF Retail Building Visalia, CA 93292 $1,900,000 ($1,407.41/SF)



Investment Highlights
- Prime Highway 198 Off-Ramp Location — Strategically positioned as one of the first restaurant sites encountered when exiting Highway 198
- ±1 Acre Site with Development Upside — Additional vacant land for future development
- Modern Drive-Thru QSR Infrastructure — Constructed in 2016 with an existing drive-thru, dining area, ordering counter, restrooms, and functional HVAC
- Strong Retail Synergy — Directly across from a major shopping center with national tenants
Executive Summary
Marcus and Millichap are pleased to present this excellent opportunity For Sale and or For Lease a highly visible, freestanding quick-service restaurant property located at 1400 E Noble Ave in Visalia, CA. The property is strategically located immediately off Highway 198, providing excellent freeway accessibility and visibility. Positioned as one of the first restaurant opportunities coming off the freeway, the property benefits from strong exposure and convenient access for both local and highway traffic.
The property consists of a ±1,380-square-foot QSR building situated on approximately 1.02 acres of land, with an existing drive-thru, dining area, ordering counter, restrooms, ample parking, and fully functional HVAC. Originally constructed in 2016 and previously operated as a Wienerschnitzel, the building provides an existing restaurant infrastructure that can be readily repositioned for a new operator or concept. Currently vacant and available for sale or lease, the property offers a new owner significant flexibility. An investor can lease the existing building to a new single-tenant operator, while an owner-user can take advantage of the property's highly visible location and existing restaurant improvements. The absence of current rental income also provides an opportunity for a purchaser to create value by securing a new tenant and establishing a new income stream.
An additional component of the opportunity is the vacant land located on the property, which provides potential for future development and an additional source of income. Previous ownership explored this opportunity and had a conceptual design prepared for a drive-thru car wash, demonstrating one potential use for the additional land. Future development would be subject to applicable zoning, approvals, and permitting requirements.
The property is further enhanced by its location directly across from a large shopping center occupied by numerous national and established retail and restaurant tenants. The combination of a highly visible freeway location, existing QSR infrastructure, approximately one acre of land, and additional development potential makes 1400 E Noble Ave an attractive opportunity for an investor or owner-user seeking a well-positioned commercial property with multiple avenues for future value creation.
The property consists of a ±1,380-square-foot QSR building situated on approximately 1.02 acres of land, with an existing drive-thru, dining area, ordering counter, restrooms, ample parking, and fully functional HVAC. Originally constructed in 2016 and previously operated as a Wienerschnitzel, the building provides an existing restaurant infrastructure that can be readily repositioned for a new operator or concept. Currently vacant and available for sale or lease, the property offers a new owner significant flexibility. An investor can lease the existing building to a new single-tenant operator, while an owner-user can take advantage of the property's highly visible location and existing restaurant improvements. The absence of current rental income also provides an opportunity for a purchaser to create value by securing a new tenant and establishing a new income stream.
An additional component of the opportunity is the vacant land located on the property, which provides potential for future development and an additional source of income. Previous ownership explored this opportunity and had a conceptual design prepared for a drive-thru car wash, demonstrating one potential use for the additional land. Future development would be subject to applicable zoning, approvals, and permitting requirements.
The property is further enhanced by its location directly across from a large shopping center occupied by numerous national and established retail and restaurant tenants. The combination of a highly visible freeway location, existing QSR infrastructure, approximately one acre of land, and additional development potential makes 1400 E Noble Ave an attractive opportunity for an investor or owner-user seeking a well-positioned commercial property with multiple avenues for future value creation.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,350 SF
Building Class
B
Year Built
2016
Price
$1,900,000
Price Per SF
$1,407.41
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.02 AC
Zoning
CSO
Parking
25 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
91’ on Noble Ave
Amenities
- Bus Line
- Signage
- Signalized Intersection
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 100-030-022-000 | Improvements Assessment | $504,852 |
| Land Assessment | $719,562 | Total Assessment | $1,224,414 |
Property Taxes
Parcel Number
100-030-022-000
Land Assessment
$719,562
Improvements Assessment
$504,852
Total Assessment
$1,224,414
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