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1300 S Mooney Blvd
Visalia, CA 93277
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Freestanding Building Totaling ±4,795 SF on ±0.514 Acres
- Long-Term Tenants | Low Turnover | Low Maintenance
- Functional Hard To Find Office Spaces | Easy To Rent
- Portfolio of 6 Office Spaces | Investment Property
- Quality Construction | Well Maintained | Economical Spaces
- Easy Access | Separate Suites | Multiple Configurations
EXECUTIVE SUMMARY
Value-add investor or owner-user opportunity: Freestanding building totaling ±4,795 SF office investment on ±0.514 Acres of General or Professional office off of Mooney Blvd. Offers a portfolio of (6) office spaces leased to tenants on Modified Gross lease forms with an average size of 490 SF- 1,715 SF per unit. Value-add opportunity with actual rents of $46,740/year collected plus upside potential. Unique Investment offering easy-to-rent office spaces within an under-built market offering a strong need for these types of spaces.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
4,795 SF
Building Class
C
Year Built
1980
Price
$654,992 CAD
Price Per SF
$136.60 CAD
Cap Rate
7.17%
NOI
$46,983 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,795 SF
Building FAR
0.22
Lot Size
0.51 AC
Zoning
CR - Mixed Use Commercial
Parking
26 Spaces (5.42 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 096-321-016-000 | Improvements Assessment | $74,445 CAD |
| Land Assessment | $174,561 CAD | Total Assessment | $249,006 CAD |
PROPERTY TAXES
Parcel Number
096-321-016-000
Land Assessment
$174,561 CAD
Improvements Assessment
$74,445 CAD
Total Assessment
$249,006 CAD
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