421 W Vandalia Ave | Porterville, CA 93257
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- LoopNet Team
421 W Vandalia Ave
Porterville, CA 93257
Starbucks | New 10 Yr NNN | S&P: BBB+ · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 10-Year Lease | Investment Grade (S&P: BBB+) | Scheduled Rental Increases | Recent Remodel
- Signalized, Hard Corner Intersections | Drive-Thru Equipped
- Walmart Distribution Center (1.1 Million SF) | Porterville College (4,285 Students)
- NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
- Outparcel to Riverwalk Plaza | Strong National/Credit Tenant Presence
- Direct Residential Consumer Base | Strong Demographics in 5-Mile Trade Area
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,992 SF
Building Class
B
Year Built/Renovated
2008/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.78 AC
Zoning
PD - Planned Development
Parking
33 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
145’ on Jaye St
AMENITIES
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 260-040-019-000 | Improvements Assessment | $2,559,951 |
| Land Assessment | $552,040 | Total Assessment | $3,111,991 |
PROPERTY TAXES
Parcel Number
260-040-019-000
Land Assessment
$552,040
Improvements Assessment
$2,559,951
Total Assessment
$3,111,991
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