1230 W Henderson Ave - Fast Food FOR SALE
Porterville, CA 93257 |
$2,757,142 USD
866-889-0550
1230 W Henderson Ave
Porterville, CA 93257
HIGHLIGHTS
- Sale-Leaseback Opportunity – This is a sale-leaseback transaction, allowing investors to acquire a stabilized asset with a long-term lease in place.
- High-Performing Location – One of the top-performing Rally’s locations, demonstrating strong customer demand and operational success.
- Absolute NNN Lease – The lease is absolute triple net (NNN), requiring zero landlord responsibilities, making it a truly passive investment opportunit
- Strong Retail Synergy – The property is out-parceled to a busy shopping center with a strong mix of national tenants, including Walmart, Food 4 Less,
- Rent Increases – The lease features 10% rent increases every five years, ensuring consistent revenue growth for investors.
- Strong Location – The property is located in Porterville, California, within the growing Central Valley region, benefiting from steady population grow
FOR SALE DETAILS
PRICE
$2,757,142 USD
PRICE/SF
$3,379 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Rally's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
500
LAND DETAILS
LAND ACRES
0.7 AC
LAND SF
30,492 SF
ZONING
C-2 D
APN/PARCEL ID
246-120-016-000
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