90 N Main St

Porterville, CA 93257

• NNN Property
• Retail for Sale
• $5,318,985 CAD
• 6,607 SF

Porterville Retail for Sale

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Bank of the Sierra located in Porterville, 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 February 2042. 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 options. 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. Deposits for this location exceed $766,000,000. The 6,607 square-foot building is positioned directly adjacent to the corporate headquarters of Sierra Bancorp, which serves as both the tenant’s parent company and lease guarantor. The site bene?ts from its proximity to Porterville High School (2,100 students) and Sierra View Medical Center, which generate consistent daily traffic to the area. Retailers supporting the immediate area include Grocery Outlet, Starbucks, Walgreens, Jack in the Box, Taco Bell, and several others. There are approximately 76,000 residents within a ?ve-mile radius of the property, those of which earn an average household income exceeding $83,000. 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.

Contact:

The Boulder Group

Property Subtype:

Bank

Date on Market:

2026-03-10

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1498 W Olive Ave

Porterville, CA 93257

• NNN Property
• Retail for Sale
• $2,061,889 CAD
• 3,294 SF

Porterville Retail for Sale

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Bank of the Sierra located in Porterville, 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 options. 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. Deposits for this location exceed $98,000,000. The 5,116 square-foot building is located along West Olive Avenue, which carries over 25,500 vehicles per day, and is situated less than one mile west of Highway 65 South (28,500 vehicles per day). The site bene?ts from its proximity to Porterville High School (2,100 students) and Sierra View Medical Center, which generate consistent daily traffic to the area. Neighboring retailers include Smart & Final Extra, Town & Country Market, Dollar General, Goodwill, NAPA Auto Parts, Sherwin-Williams, and several others. There are approximately 75,000+ residents within a ?ve-mile radius of the property, those of which earn an average household income exceeding $90,000 within one mile. 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.

Contact:

The Boulder Group

Property Subtype:

Bank

Date on Market:

2026-03-10

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142 S Mirage Ave

Lindsay, CA 93247

• NNN Property
• Retail for Sale
• $3,040,632 CAD
• 5,116 SF

Lindsay Retail for Sale - Farmersvle/Exeter/Lindsay

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Bank of the Sierra located in Lindsay, 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 two three-year renewal options. 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. Deposits for this location exceed $94,000,000. The 5,116 square-foot building is located along South Mirage Avenue and bene?ts from being the only bank in Lindsey, California. The site is only a few minutes from North Highway 65, which sees approximately 20,800 vehicles per day. The property is located across from the United States Postal Service and Lindsay City Hall, both drawing a consistent ?ow of foot and vehicle traffic. The surrounding area is home to more than 22,000 residents within a ?ve-mile radius where the average household income exceeds $77,000. 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.

Contact:

The Boulder Group

Property Subtype:

Bank

Date on Market:

2026-03-10

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Dollar General Market - Bakersfield CA - 258 Bernard St

Bakersfield, CA 93305

• NNN Property
• Retail for Sale
• $7,094,048 CAD
• 18,827 SF

Bakersfield Retail for Sale - Northeast Bakersfield

• Dollar General Market has operated at this location for 10 years and has 2+ years remaining on their current lease • The lease offers three (5-year) options to extend, with 10% rental increases at the beginning of each option period • The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,900 location as of October 31, 2025

Contact:

SRS Real Estate Partners

Property Subtype:

Freestanding

Date on Market:

2026-03-06

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8500 Ming Ave

Bakersfield, CA 93311

• NNN Property
• Retail for Sale
• $2,914,460 CAD
• 3,987 SF

Bakersfield Retail for Sale - University Centre

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Bank of the Sierra located in Bakers?eld, 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 3,987 square-foot building is located in southwest Bakers?eld, directly adjacent to California State University Bakers?eld (CSUB), which enrolls roughly 10,500 students and generates consistent daily traffic and demand. The property is surrounded by several major thoroughfares including Old River Road (38,000 VPD), Gosford Road (43,000 VPD), and Stockdale Highway (31,000 VPD). The area features a strong population base of over 273,000 residents within a ?ve-mile radius and affluent demographics, with average household income exceeding $135,000 within one mile. The property is a short walk from The Marketplace, a vibrant shopping destination occupied by Vons, Ulta Beauty, Regal Cinemas, Starbucks, Applebee’s, Famous Dave’s, Bank of America, and Carl’s Jr. Additional demand drivers include the nearby Dignity Health – Mercy Hospital Southwest along with major office tenants including Morgan Stanley, Parsons, Aera Energy, California Resources Corporation, 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

Contact:

The Boulder Group

Property Subtype:

Bank

Date on Market:

2026-02-26

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642 W Olive Ave

Porterville, CA 93257

• NNN Property
• Retail for Sale
• $3,118,653 CAD
• 3,304 SF

• Restaurant

Porterville Retail for Sale

The subject property is located at 642 West Olive Avenue in Porterville CA. This KFC is a 3,304 square foot freestanding drive-thru building on a 0.55 acre parcel. This investment is a new 15 year absolute triple net lease starting at the close of escrow operated/guaranteed by an experienced 145+ Store KFC Growth Approved Franchisee. There are 8% increases every 5 years in primary term and continues in the (4) 5-year options to renew beyond primary lease term.

Contact:

Marcus & Millichap

Property Subtype:

Fast Food

Date on Market:

2026-01-29

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Bakersfield Travel Center Retail NNN - 32507 Paradise Way

Bakersfield, CA 93308

• NNN Property
• Retail for Sale
• $4,433,780 CAD
• 6,477 SF

Bakersfield Retail for Sale - North Outlying Kern County

4 Unit NNN investment Opportunity : Tenants include Starbucks, Subway and a restaurant tenant This is a high-yield, multi-tenant NNN retail investment opportunity located at 32507 Paradise Way, Bakersfield, CA, offered at $3,250,000 with an attractive 8.25% cap rate. The property consists of a ±6,477 SF retail building situated on ±0.77 acres and is currently configured for up to four tenants, with one additional leasing opportunities for upside potential. The asset is anchored by Starbucks, providing strong national credit tenancy, alongside additional tenants including Subway and a local restaurant operator. The diverse tenant mix offers stable in-place income while allowing investors to capture additional value through lease-up of vacant space. Each tenants operate under NNN lease structures, minimizing landlord responsibilities and creating a passive investment profile. The Starbucks lease features over 7 years of term remaining with multiple extension options, delivering long-term stability, while other tenants provide additional income and future rent growth through scheduled increases. Strategically positioned in Bakersfield—one of California’s fastest-growing logistics and population hubs—the property benefits from strong traffic patterns, expanding infrastructure, and a business-friendly environment, making it an ideal investment for both yield-focused and value-add investors.

Contact:

Petroleum Realty Group ®

Date on Market:

2026-01-15

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