Situated at 1292 E Prosperity Avenue in Tulare, California, this attractive NNN ground lease investment is secured by Chili’s Grill & Bar, a nationally recognized restaurant brand with a strong presence across the United States. The property is strategically positioned along E Prosperity Avenue and serves as an outparcel to both Walmart and Home Depot, providing excellent visibility, accessibility, and exposure to established national retailers. The location benefits from approximately 20,378 vehicles passing the property daily. The investment generates a strong annual NOI of $128,108 through a passive NNN ground lease structure, providing investors with predictable cash flow and Zero landlord responsibilities. The lease has approximately five and a half years of remaining term, offering near-term income security while maintaining future upside. The lease also includes one additional five-year renewal option with a contractual 10% rent increase at the start of the next 5-year term, increasing annual rental income to $140,919. This built-in escalation provides additional income growth and helps protect against inflation. With a nationally recognized tenant, Walmart and Home Depot adjacency, a passive ground lease structure, contractual rent growth, and a high-traffic location, the property offers an attractive opportunity for investors seeking stable income and long-term appreciation potential.