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1212 W Olive Ave
Porterville, CA 93257
Sherwin-Williams - Porterville, CA · Commerce de détail Propriété À vendre
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Positioned along Olive Ave (25,500+ VPD) at intersection with N Dameron St
- Scheduled 12% rental increases every five years to hedge against inflation
- Proximity to Town & Country Market (580k visits) and Smart & Final (830k visits) grocers
- Double-Net (NN) lease with minimal landlord responsibilities
- Corporate guarantee from The Sherwin-Williams Company (S&P: BBB-)
RÉSUMÉ DE L'ANNONCE
Blue West Capital is pleased to offer for sale a single-tenant Sherwin-Williams located in Porterville, CA (Visalia-Porterville MSA). The property is conveniently located at the intersection of Olive Ave (25,500+ VPD) and N Dameron St.
The offering features a fee simple interest (land & building) of a corporate-backed Sherwin-Williams (S&P: BBB) property. Sherwin-Williams operates on a double-net (NN) lease with scheduled 12% rental increases every 5 years to hedge against inflation. The Sherwin-Williams Company operates 5,000+ locations across the U.S., Canada, the Caribbean, and Latin America.
The property is positioned along a high-traffic Central Valley retail corridor serving the Porterville–Visalia trade area, benefiting from consistent daily traffic and necessity-driven demand. The surrounding retail environment is anchored by dominant national tenants including O’Reilly Auto Parts, Town & Country Market, Dollar General, and Smart & Final reinforcing long-term performance. The corridor functions as a key east–west connector linking residential density with major retail, employment, and essential services across the greater Visalia-Porterville MSA.
Available individually or as a portfolio with Centennial, CO location: https://bluewestcapital.com/listings/
The offering features a fee simple interest (land & building) of a corporate-backed Sherwin-Williams (S&P: BBB) property. Sherwin-Williams operates on a double-net (NN) lease with scheduled 12% rental increases every 5 years to hedge against inflation. The Sherwin-Williams Company operates 5,000+ locations across the U.S., Canada, the Caribbean, and Latin America.
The property is positioned along a high-traffic Central Valley retail corridor serving the Porterville–Visalia trade area, benefiting from consistent daily traffic and necessity-driven demand. The surrounding retail environment is anchored by dominant national tenants including O’Reilly Auto Parts, Town & Country Market, Dollar General, and Smart & Final reinforcing long-term performance. The corridor functions as a key east–west connector linking residential density with major retail, employment, and essential services across the greater Visalia-Porterville MSA.
Available individually or as a portfolio with Centennial, CO location: https://bluewestcapital.com/listings/
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Condition de vente
Construction sur mesure
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
5 000 pi²
Classe d’immeuble
B
Année de construction
2005
Prix
2 420 347 $ CAD
Prix par pi²
484,07 $ CAD
Taux de capitalisation
6%
Revenu net d’exploitation
145 221 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,35
Taille du lot
0,33 AC
Zonage
C-2
Stationnement
12 places (2,4 places par 1 000 pi² loué)
Façade
101’ sur W Olive Ave
COMMODITÉS
- Enseigne sur pylône
Impôts fonciers
| Numéro de lot | 251-282-012-000 | Évaluation des bâtiments | 840 781 $ CAD |
| Évaluation du terrain | 330 799 $ CAD | Évaluation totale | 1 171 580 $ CAD |
Impôts fonciers
Numéro de lot
251-282-012-000
Évaluation du terrain
330 799 $ CAD
Évaluation des bâtiments
840 781 $ CAD
Évaluation totale
1 171 580 $ CAD
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