600 S Prospect Ave

127 N Main St, Porterville, CA

$1.25/sqft/mo

Price

5%

Cap Rate

$148,458.64

NOI

Overview
Cap Rate
5%
NOI
$148,458.64
Building Size
7,326 sqft
Lot Area
0.17 acres
Year Built
1900
Description

Prime ±1,100 SF retail shop space in Downtown Porterville with existing water/drain improvements. Suite #11 W Oak (former Bakery) features wide open retail store with a rear storage /product area, private front restroom, rear office, additional rear storage with access in front, side, & rear, & new floor/paint. Suite #15 W Oak (former creamery) of ±676 SF consists of a wide open space & rear restroom. The space is located directly under the new County of Tulare District Attorney and Public Defender offices. Well-located in Porterville’s busiest retail destination corridor - Main & Olive - historically, serving the vast majority of Porterville’s residents. The property sits comfortably in Porterville’s primary retail corridor, and with its close proximity to a major highway access is easily accessible to motorists. Daytime population of nearly ±45,177 people within 2 miles of the subject property and located in close proximity to the new ±96,000 SF Porterville Courthouse.

Located in the center of Downtown Porterville off Main Street & Oak Ave. Strategically located in close proximity to the new County of Tulare District Attorney and Public Defender offices, and the 96K SF Porterville Courthouse, serving all of Porterville and surrounding communities of Strathmore, Lindsay, Ducor, Terra Bella, Richgrove, Springville, Woodville and the Tule River Indian Reservation. Property situated at the Southeast corner on Main St & Mill Ave. The property is located North of Oak Ave, South of Mill Ave, East of Main St and West of 2nd Street.

Its prime location in the bustling city center ensures not only high visibility but also easy access for both pedestrians and local shoppers. Surrounded by a dynamic blend of shops, restaurants, and cultural attractions, this retail space is strategically positioned to thrive in the energetic atmosphere of downtown Porterville, making it an ideal destination for businesses seeking a central and dynamic location.

Highlights
  • Long Term Tenants In Place With Existing Occupancy.
  • 1 Block off Blackstone Ave, North of Shields Ave
  • Investment Opportunity: Leased Freestanding Office Building
  • 100% Leased w/ Long-Term Leases Through 2022
  • Easy Lease-able Units w/ Low Vacancy Turnover
  • Newer Roof, HVAC's, Asphalt, Hard Surface Floor, & Paint!
  • Well-Known Freestanding Office Building @ Entrance
  • Private Offices, Conference Room, Reception Areas
  • Private Lit Parking Lot + Street Parking | Great Visibility
  • Convenient Location Between CA-99 and CA-41
  • Busy & Established Retail Corridor w/ Access to Manchester
  • Close Proximity to Major Traffic Generators (Blackstone Ave)
  • Great Access & Visibility w/ Unmatched Level of Consumer Traffic
  • Against Newly Upgraded Shields Avenue w/ Bus Stop Access
  • Nearby Manchester Center & Blackstone Retailers
  • Economical Space Available | Fresh Paint & Flooring
2 Spaces Available

#11 W OakStrip Center

Available:
Immediately
Sublease:
No
SQFT
1,400
Lease Rate:
$1.25/sqft/mo
Lease Type:
Gross

Suite #11 W Oak (former Bakery) features wide open retail store with a rear storage /product area, private front restroom, rear office, additional rear storage with access in front, side, & rear, & new floor/paint.

#15 W Oak

Available:
Immediately
Sublease:
No
SQFT
676
Lease Rate:
$1.25/sqft/mo
Lease Type:
Gross

Suite #15 W Oak (former creamery) of ±676 SF consists of a wide open space & rear restroom.

Documents

Location
Gallery