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Porter's Crossing Phase I 1174 W Henderson Ave 12,101 SF 100% Leased Retail Building Porterville, CA 93257 $11,205,459 CAD ($925.99 CAD/SF) 5.64% Cap Rate

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EXECUTIVE SUMMARY

This investment opportunity is for the fee simple interest in Porter's Crossing Retail, a 12,101 sf anchored retail center sitting on a total of 1.39 acres. The center is anchored by top fast casual dining operators such as Chipotle, Habit Burger, Blaze Pizza, and more, that combine to create an excellent tenant synergy and a dynamic dining and personal care experience. Adjacent operators include Dutch Bros (NAP) and Panda Express (NAP).
Please contact broker for the OM.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
12,101 SF
Building Class
B
Year Built
2019
Price
$11,205,459 CAD
Price Per SF
$925.99 CAD
Cap Rate
5.64%
NOI
$631,574 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.39 AC
Zoning
C-R - Commercial Retail
Parking
97 Spaces (7.82 Spaces per 1,000 SF Leased)
Frontage
190’ on W Henderson

AMENITIES

  • Monument Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • Jun 2029

Blaze Fast-Fire'd Pizza, the leader in the fast-casual artisan pizza category, uses an assembly line format to create pizzas at lightning fast speed. Each Blaze Pizza restaurant makes its own dough from scratch using a recipe that requires a 24-hour fermentation period to produce its signature light-as-air, crisp crust. Guests watch as each perfectly proofed dough ball is pressed into a generous 12-inch crust. Pizzas are made in front of the customer using an assembly line format and are ready in two minutes. Blaze Pizza's menu also features signature salads, fresh lemonades, craft beer and wine and house-made S'more Pies, and also offers gluten-free dough and vegan cheese.

  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • Jul 2029

Chipotle was born of the radical belief that there is a connection between how food is raised and prepared, and how it tastes. Real is better. "Better for You, Better for People, Better for The Planet". It may be the hard way to do things, but it’s the right way. One of the first national restaurant brands to commit to goals on local and organic produce. First national restaurant brand to commit to using only responsibly raised meat with some of the highest animal welfare standards.

  • JJ Hawaiian BBQ
  • -
  • -
  • -
  • Triple Net
  • Mar 2028
  • Nice Nails & Spa
  • -
  • -
  • -
  • -
  • -
  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • Jul 2029

Born under the golden Santa Barbara sun in 1969, Habit Burger & Grill has been chargrilling California’s freshest flavors for years. Their chef-driven, award-winning menu celebrates variety with freshly chargrilled burgers, chicken, and tuna all cooked-to-order over an open flame for that distinctive taste people crave. From their crisp salads to their handspun shakes, every detail matters. They’re not just cooking; they’re spreading the laid-back, feel-good vibe of their roots.

  • West Coast Sourdough
  • -
  • -
  • -
  • Triple Net
  • Jan 2032
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services - - Triple Net Jun 2029
Accommodation and Food Services - - Triple Net Jul 2029
JJ Hawaiian BBQ - - - Triple Net Mar 2028
Nice Nails & Spa - - - - -
Accommodation and Food Services - - Triple Net Jul 2029
West Coast Sourdough - - - Triple Net Jan 2032

NEARBY MAJOR RETAILERS

Starbucks
Dutch Bros
Denny's
Rent-A-Center
Applebee's
Save Mart
Anytime Fitness
Planet Fitness
the Human Bean
  • Listing ID: 37114789

  • Date on Market: 2025-08-04

  • Last Updated:

  • Address: 1174 W Henderson Ave, Porterville, CA 93257

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