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969 E Prosperity Ave
Tulare, CA 93274
The Habit Burger Grill · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,100 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.39 AC
Zoning
C-3
Frontage
233’ on E Prosperity Ave
Amenities
- Corner Lot
- Freeway Visibility
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
About 969 E PROSPERITY AVE , TULARE, CA 93274
This leasehold interest sale (building and improvements) provides the owner with steady income, zero landlord responsibilities, and a 100% depreciable asset. The property is subject to a long-term ground lease of 60 years, including options, and qualifies for a 1031 exchange. The Habit Burger is the fifth fastest growing chain in the country with projected revenue of more than $393-$398 million in 2018 and the Tulare location is one of 30 company-operated restaurants opening in 2018
Property Taxes
| Parcel Number | 170-370-007-000 | Improvements Assessment | $1,377,665 |
| Land Assessment | $223,101 | Total Assessment | $1,600,766 |
Property Taxes
Parcel Number
170-370-007-000
Land Assessment
$223,101
Improvements Assessment
$1,377,665
Total Assessment
$1,600,766
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