49 W Tulare Ave - Freestanding FOR SALE


Tulare, CA 93274
$4,000,000 USD
559-447-6277
49 W Tulare Ave, Tulare, CA for Sale
$4,000,000 USD
Freestanding - FOR SALE
1/1
null | 6% Cap Rate

49 W Tulare Ave
Tulare, CA 93274


OVERVIEW

49 W Tulare Ave is a single-tenant retail property comprising approximately 14,490 square feet on a 1.56-acre lot, leased to State Foods Supermarkets. The tenant recently signed a 10-year NNN lease with options to extend. The property generates a stable net operating income of $240,000 annually, representing a 6% cap rate. As an added layer of security, the lease is personally guaranteed by both the CEO and CFO of State Foods Supermarkets, Inc. State Foods operates 10 locations throughout California’s Central Valley, reflecting a strong regional presence and operational stability. This well-located asset benefits from strong visibility, ample parking, and consistent consumer traffic, making it an attractive, low-risk investment opportunity with long-term income stability. This well-located asset benefits from strong visibility, ample parking, and consistent consumer traffic, making it an attractive, low-risk investment opportunity with long-term income stability. Property Details– Building Size: 14,490± SF– Lot Size: 1.56± Acres– Asking Price: $4,000,000.00– NOI: $240,000.00– Lease: 10 Year NNN Lease– Cap Rate: 6%– Tenancy: Single, State Foods Supermarket– Property Use: Owner/User, Investment– Zoning: C-4 (Service Commercial).

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$276 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

67,954 SF

ZONING

C-4

APN/PARCEL ID

176-100-015-000

ASK ABOUT THIS PROPERTY

Troy McKenneyNewmark Pearson CommercialMore Info
559-447-6277

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Troy McKenneyNewmark Pearson CommercialMore Info
559-447-6277

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