Outback Steakhouse | Ground Lease | Lowe's Outparcel
$3,200,000
4004 South Mooney Boulevard, Visalia, CA 93277
5.15
Cap Rate
165,165
NOI
Details:
Highlights:
- LONG-TERM COMMITMENT
- PRIME OUTPARCEL LOCATION
- GROUND LEASE STRUCTURE
- MODERN BUILD
- LARGE LOT SIZE
- HIGH-TRAFFIC CORRIDOR
Description:
Experience a lucrative investment opportunity with this premier Outback Steakhouse property located at 4004 S Mooney Blvd, Visalia, CA 93277. Boasting a prime location on a signalized corner as a Lowe’s outparcel, this modern building offers exceptional visibility, high daily traffic of over 25,000 vehicles, and synergy with prominent retailers like Walmart, Best Buy, and Macy’s. Benefiting from a tenant committed to the location with a 12-year lease in place, this ground lease property requires zero landlord responsibilities, ensuring a hassle-free investment experience. The property features a large lot size of approximately 0.99 acres, accommodating operations and future adaptability. Additionally, its strategic location near bustling retail corridors, college, and community centers serves a diverse and growing customer base in an area with a population exceeding 143,000 within a 5-mile radius.
Documents:
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Outback___Visalia__CA___OM___4.17.25.pdf
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Location

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