66 W Morton Ave | Porterville, CA 93257
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- LoopNet Team
66 W Morton Ave
Porterville, CA 93257
Rite Aid | Recent Extension over 11.5 Years · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Tenant Extended Lease 18 Months Early | Now Over 11.5 Years Remaining
- Rent Increases in the Lease Term and Option Periods
- Drive Thru Location and Recently Remodeled/Reimaged
- Only Rite Aid in Porterville and within 1-Mile from Main Hospital
- Passive Net Leased Asset (Minimal Landlord Responsibilities)
- New Roof (2018) with 20-Year Transferable Warranty
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
16,667 SF
Building Class
B
Year Built/Renovated
2000/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
1.35 AC
Zoning
CG - Commercial
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Pylon Sign
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 253-018-001-000 | Improvements Assessment | $3,953,040 |
| Land Assessment | $701,415 | Total Assessment | $4,654,455 |
PROPERTY TAXES
Parcel Number
253-018-001-000
Land Assessment
$701,415
Improvements Assessment
$3,953,040
Total Assessment
$4,654,455
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