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Bank of the Sierra 232 N Valencia Blvd 5 047 pi² Commerce de détail Immeuble Woodlake, CA 93286 2 194 697 $ CAD (434,85 $ CAD/pi²) 6,20% Taux de capitalisation
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Limited banking competition – the nearest bank branch is 10 miles south in Exeter, CA
- Long-term lease through December 2041
- Absolute NNN – No landlord responsibilities
- Bank of the Sierra (NASDAQ: BSRR) maintains an investment-grade credit rating (BBB+ from Kroll Bond Rating Agency)
- Proven operating history spanning multiple decades
- 2.25% annual rental escalations
Résumé de l'annonce
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Bank of the Sierra located in Woodlake, California. Bank of the Sierra has a successful operating history from this location that spans multiple decades. They are currently operating on a long-term lease through December 2041. The subject lease is absolute triple net and presents zero landlord responsibilities. Additionally, there are 2.25% annual rental escalations throughout the remaining primary term and one three-year renewal option. The lease is backed by a corporate guaranty from Sierra Bancorp. The tenant maintains an investment-grade BBB+ credit rating from Kroll Bond Rating Agency.
The 5,047 square-foot building in Woodlake bene?ts from limited banking competition in the area, with the nearest bank branch located 10 miles south in Exeter, CA. The surrounding community is well-established, with approximately 42,000 people living within a ten-mile radius and average household income exceeding $96,000. The site is also conveniently located just minutes from Woodlake High School, providing additional visibility and daily traffic from students, faculty, and families in the area. Nearby retailers include AutoZone, Family Dollar, Dollar General Market, True Value, Subway, and several others.
Bank of the Sierra, a subsidiary of Sierra Bancorp (NASDAQ: BSRR), stands as the largest independent community bank headquartered in California’s southern San Joaquin Valley. Founded on September 14, 1977, in Porterville, California, with one branch, 11 employees, and $1.5 million in initial assets, the bank—headquartered at 86 N. Main Street in Porterville—has grown impressively to $3.83 billion in total assets (a strong 6.0% increase from $3.61 billion at December 31, 2024), nearly $3 billion in deposits, 35–36 full-service branches plus loan production offices, and approximately 476–500 employees as of late 2025. Serving retail and commercial banking needs across Tulare, Kern, Kings, Fresno, Ventura, San Luis Obispo, Santa Barbara, and Los Angeles counties.
The 5,047 square-foot building in Woodlake bene?ts from limited banking competition in the area, with the nearest bank branch located 10 miles south in Exeter, CA. The surrounding community is well-established, with approximately 42,000 people living within a ten-mile radius and average household income exceeding $96,000. The site is also conveniently located just minutes from Woodlake High School, providing additional visibility and daily traffic from students, faculty, and families in the area. Nearby retailers include AutoZone, Family Dollar, Dollar General Market, True Value, Subway, and several others.
Bank of the Sierra, a subsidiary of Sierra Bancorp (NASDAQ: BSRR), stands as the largest independent community bank headquartered in California’s southern San Joaquin Valley. Founded on September 14, 1977, in Porterville, California, with one branch, 11 employees, and $1.5 million in initial assets, the bank—headquartered at 86 N. Main Street in Porterville—has grown impressively to $3.83 billion in total assets (a strong 6.0% increase from $3.61 billion at December 31, 2024), nearly $3 billion in deposits, 35–36 full-service branches plus loan production offices, and approximately 476–500 employees as of late 2025. Serving retail and commercial banking needs across Tulare, Kern, Kings, Fresno, Ventura, San Luis Obispo, Santa Barbara, and Los Angeles counties.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Banque
Taille du bâtiment
5 047 pi²
Classe d’immeuble
C
Année de construction
1935
Prix
2 194 697 $ CAD
Prix par pi²
434,85 $ CAD
Taux de capitalisation
6,20%
Revenu net d’exploitation
136 071 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,36
Taille du lot
0,32 AC
Stationnement
15 places (2,97 places par 1 000 pi² loué)
Façade
71’ sur Valencia Blvd
Principaux locataires
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Fin du bail
-
- Finance et assurances
- -
- -
- Déc. 2041
L'histoire de Bank of the Sierra commence le 14 septembre 1977 dans la communauté agricole très unie de Porterville, en Californie. Ils ouvrent leurs portes avec une succursale, 11 employés, 1,5 million de dollars en actifs et une mission décisive pour aider leurs voisins à prospérer. Depuis, elle est devenue la plus grande banque indépendante ayant son siège social dans le sud de la vallée de San Joaquin, en Californie, avec plus de plusieurs milliards d'actifs, de nombreux employés et des succursales offrant une gamme complète de services bancaires et commerciaux et de prêts de détail.
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Fin du bail | ||
|
|
Finance et assurances | - | - | Déc. 2041 |
Walk Score®
Très pratique à pied (78)
Impôts fonciers
| Numéro de lot | 061-140-034-000 | Évaluation des bâtiments | 1 319 481 $ CAD |
| Évaluation du terrain | 207 792 $ CAD | Évaluation totale | 1 527 274 $ CAD |
Impôts fonciers
Numéro de lot
061-140-034-000
Évaluation du terrain
207 792 $ CAD
Évaluation des bâtiments
1 319 481 $ CAD
Évaluation totale
1 527 274 $ CAD
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Vidéos
Visite extérieure 3D Matterport
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Photos
Vue depuis la rue
Rue
Carte
Présenté par
Entreprise non fournie
Bank of the Sierra | 232 N Valencia Blvd
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