Shoe Palace Multi-Tenant Building Multi-Tenant Building

2908-2950 S. Mooney Blvd, Visalia, CA

Deal Type:

Net Lease

Price:

$6,505,296

Cap Rate:

6.25%

Current Rent:

$406,581

Lease Type:

Triple Net

Building Sq. Ft.:

11,015 SF

Site Size:

1.12 Acres

Access Offering Memorandum

Investment Highlights

THE ASSET: 100% occupied multi-tenant strip center anchored by Shoe Palace having over 5 years of term remaining on their lease
NNN LEASES: Each tenant is responsible for their pro-rata share of NNN expenses limiting an investors potential for future leakage
LOCATION: Located at the corner of W Whitendale Aveand S Mooney Blvd has a combined average of over 43,500 VPD
SURROUNDING RETAIL: Situated in a retail dense corridor with the Visalia Mall, Target, Lowes, Home Depot, Walmart, and Costco Wholesale nearby
DEMOGRAPHICS: Property is located in strong local demographics with over 144,000 residents within five miles

Listing Agents

phil digennaro stream capital partners

Phil DiGennaro

Managing Director
203 610 1541
[email protected]

Connor Shell

Managing Director
407 913 9009
[email protected]

Dorothy Lee

Vice President
626 236 3823
[email protected]

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