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Outback Steakhouse | Ground Lease | Lowe's Outparcel

$3,200,000

4004 South Mooney Boulevard, Visalia, CA 93277

Active
Last Updated: 04/17/2025

5.15

Cap Rate

165,165

NOI

Details:
Cap Rate:    5.15%
NOI:    $165,165
Building Size:    6,851 sqft
Lot Area:    0.99 sqft
Occupancy:    100%
Lease Type:    Ground
Year Built:    2016
Tenancy:    Single
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.

Map:
Documents:
Title
Outback___Visalia__CA___OM___4.17.25.pdf
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Location
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