600 S Prospect Ave

434 S Plano St, Porterville, CA

$1 to $1.40/sqft/mo

Price

5%

Cap Rate

$148,458.64

NOI

Overview
Cap Rate
5%
NOI
$148,458.64
Building Size
4,610 sqft
Lot Area
0.84 acres
Units
3
Description

Prime retail buildings with a corner parking lot on Date Ave in Porterville, CA. (3) separate buildings totaling ±4,610 SF with easy access, excellent exposure, ample parking, & signage. Building #428 of ±1,000 SF consists of open retail space with private offices, parking, & private restrooms. Building #430 of ±1,200 SF consists of wide open retail space & private restrooms. Building #434 of ±2,410 SF is a former convenient store that features open retail space & private restrooms. Flexible zoning (previous office, psychic reader, and retail store). Well-located near 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 ±37,419 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 Porterville off Date Ave near the Porterville Golf Course, & adjascent to Tule River. 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 Delano, Exeter, Farmersville, Lindsay, Springville, Tulare, Tule River Indian Reservation, & more! Property situated off the NE corner of Date Ave & Plano St, on the north side of Poplar Ave, south of Date Ave, east of Plano St and west of Leggett Street.

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
3 Spaces Available

428 S Plano St

Available:
Immediately
Sublease:
No
SQFT
1,000
Lease Rate:
$1/sqft/mo
Lease Type:
Gross

430 S Plano St

Available:
Immediately
Sublease:
No
SQFT
1,200
Lease Rate:
$1.25/sqft/mo
Lease Type:
Gross

434 S Plano St

Available:
Immediately
Sublease:
No
SQFT
2,410
Lease Rate:
$1.40/sqft/mo
Lease Type:
Gross
Documents

Location
Gallery