515 W Naranjo Blvd - Freestanding FOR SALE


Woodlake, CA 93286
$1,165,418 USD
213-861-3386
515 W Naranjo Blvd, Woodlake, CA for Sale
$1,165,418 USD
Freestanding - FOR SALE
1/11
null | 8.25% Cap Rate

515 W Naranjo Blvd
Woodlake, CA 93286


HIGHLIGHTS

  • Ten-year (10) lease term extending through 10/31/2028
  • 3% annual increases with a strong financial tenant
  • Currently in negotiations to extend term an additional five (5) years
  • Large land parcel with other additional income opportunities

OVERVIEW

Colliers, as exclusive advisor to the Seller, is pleased to present this unique valueadd opportunity to acquire the fee-simple interest located at 515 West Naranjo Blvd., Woodlake, CA. The Property is a NNN investment opportunity, with development potential, currently at a 100% occupancy rate with a single tenant usage. The Property is part of a 6 Property Portfolio and can be acquired separately or as part of the Portfolio. The 5,680 SF Property resides on approximately 2.31 AC along West Naranjo Boulevard, one of the most traveled thoroughfares in the City of Woodlake, which is less than half of a mile west of Bravo Lake Botanical Garden. The location is situated in the heart of Woodlake, just over ten (10) miles northeast of the boundary in the City of Visalia, CA. The property caters to medical, technology and traditional retail tenants who require class “B” retail space in the high desirable NW Tulare County submarket with close proximity to Woodlake Village and top rated public and charter schools.

FOR SALE DETAILS

PRICE

$1,165,418 USD

PRICE/SF

$205 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

GreenBean Retail Investment - Woodlake 8 cap

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.31 AC

LAND SF

100,624 SF

ZONING

CS

APN/PARCEL ID

060-290-068-000

ASK ABOUT THIS PROPERTY

Gabe KadoshColliersMore Info
213-861-3386

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Gabe KadoshColliersMore Info
213-861-3386

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