1400 E Noble Ave - Fast Food FOR SALE


Visalia, CA 93292- Greater Visalia
$1,900,000 USD
661-636-7894
1400 E Noble Ave, Visalia, CA for Sale
$1,900,000 USD
Fast Food - FOR SALE
1/22
null | Request Cap Rate

1400 E Noble Ave
Visalia, CA 93292
Greater Visalia


HIGHLIGHTS

  • Prime Highway 198 Off-Ramp Location — Strategically positioned as one of the first restaurant sites encountered when exiting Highway 198
  • Modern Drive-Thru QSR Infrastructure — Constructed in 2016 with an existing drive-thru, dining area, ordering counter, restrooms, and functional HVAC
  • ±1 Acre Site with Development Upside — Additional vacant land for future development
  • Strong Retail Synergy — Directly across from a major shopping center with national tenants

OVERVIEW

Marcus and Millichap are pleased to present this excellent opportunity For Sale and or For Lease a highly visible, freestanding quick-service restaurant property located at 1400 E Noble Ave in Visalia, CA. The property is strategically located immediately off Highway 198, providing excellent freeway accessibility and visibility. Positioned as one of the first restaurant opportunities coming off the freeway, the property benefits from strong exposure and convenient access for both local and highway traffic. The property consists of a ±1,380-square-foot QSR building situated on approximately 1.02 acres of land, with an existing drive-thru, dining area, ordering counter, restrooms, ample parking, and fully functional HVAC. Originally constructed in 2016 and previously operated as a Wienerschnitzel, the building provides an existing restaurant infrastructure that can be readily repositioned for a new operator or concept. Currently vacant and available for sale or lease, the property offers a new owner significant flexibility. An investor can lease the existing building to a new single-tenant operator, while an owner-user can take advantage of the property's highly visible location and existing restaurant improvements. The absence of current rental income also provides an opportunity for a purchaser to create value by securing a new tenant and establishing a new income stream. An additional component of the opportunity is the vacant land located on the property, which provides potential for future development and an additional source of income. Previous ownership explored this opportunity and had a conceptual design prepared for a drive-thru car wash, demonstrating one potential use for the additional land. Future development would be subject to applicable zoning, approvals, and permitting requirements. The property is further enhanced by its location directly across from a large shopping center occupied by numerous national and established retail and restaurant tenants. The combination of a highly visible freeway location, existing QSR infrastructure, approximately one acre of land, and additional development potential makes 1400 E Noble Ave an attractive opportunity for an investor or owner-user seeking a well-positioned commercial property with multiple avenues for future value creation.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$1,407 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Vacant Wienerschnizel Building + Development

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

CSO

APN/PARCEL ID

100-030-022-000

ASK ABOUT THIS PROPERTY

Jorge GarciaMarcus & MillichapMore Info
661-636-7894

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Jorge GarciaMarcus & MillichapMore Info
661-636-7894

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.