913 Sierra St - Retail FOR SALE


Kingsburg, CA 93631
$4,970,000 USD
949-244-9335
913 Sierra St, Kingsburg, CA for Sale
$4,970,000 USD
Retail - FOR SALE
1/5
null | 6% Cap Rate

913 Sierra St
Kingsburg, CA 93631


HIGHLIGHTS

  • 100%-Occupied Shops to Save Mart (Top 10% Nationwide) & CVS Pharmacy-Anchored Center With Long-Term Historical Occupancy
  • Fully Occupied Daily Needs Tenant Mix – Port of Subs, Little Caesars Pizza, Shear Magic Salon, Poly Foot Reflexology, Koji’s Bento 2 Go
  • Below-Market Rents With Annual Rent Increases: The Average Shop Rent Is $2.14 PSF; Anytime Fitness Signed a New Lease in 2022 for 3,600 Square Feet
  • Outstanding Co-Tenant Lineup in High-Performing Grocery and Drug-Anchored Center
  • Excellent Visibility Along Primary Retail Corridor: Located at the Signalized Intersection of Sierra Street and 10th Avenue (26,000 CPD)
  • Affluent and Growing Demographics: Average Household Income of Over $108,000 in a 3-Mile Radius. The Number of Households Has Increased by Over 9.38%

OVERVIEW

Shops to Dominant Save Mart (Top 10% in Chain Nationwide) and CVS Pharmacy | Long-Term Occupancy with Below-Market Rents | Affluent Central Valley Demographics ($108,000 in a 3-Mile Radius)

FOR SALE DETAILS

PRICE

$4,970,000 USD

PRICE/SF

$440 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shops to Save Mart & CVS Pharmacy

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Sean CoxHanley Investment GroupMore Info
949-244-9335

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Sean CoxHanley Investment GroupMore Info
949-244-9335

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