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250 S Akers St 3,448 SF Retail Building Visalia, CA 93291 $1,840,890 ($533.90/SF) 5.50% Cap Rate
Investment Highlights
- Absolute NNN - Passive Ownership Zero landlord responsibilities. Tenant covers taxes, insurance, and all maintenance.
- Rent Growth 10% increases every five (5) years. Supports NOI growth and inflation hedge.
- Strong Franchisee Southern PacPizza (77 units, ~30 years experience). Proven, stable operator.
- Long-Term Lease 15.5-year term with four (4) five-year options. Provides long-term income stability.
- National Tenant – Pizza Hut ~19,000+ locations across 110+ countries. Globally recognized brand.
- Prime Freeway Location CA-198 & S. Akers St. ~62,800 VPD. Strong visibility and access.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,448 SF
Building Class
B
Year Built
2004
Price
$1,840,890
Price Per SF
$533.90
Cap Rate
5.50%
NOI
$101,249
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.79 AC
Zoning
Mixed Use Commercial (MCU - Mixed Use Zone
Parking
40 Spaces (11.6 Spaces per 1,000 SF Leased)
Frontage
112’ on W Mineral King Ave
Amenities
- Bus Line
- Freeway Visibility
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 085-190-007-000 | Improvements Assessment | $814,488 |
| Land Assessment | $819,952 | Total Assessment | $1,634,440 |
Property Taxes
Parcel Number
085-190-007-000
Land Assessment
$819,952
Improvements Assessment
$814,488
Total Assessment
$1,634,440
Contacts
-
Angel Lei -
Christopher Laskero -
Braden Crockett -
Kasey Nguyen -
Alpha Real Estate Advisors
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250 S Akers St
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