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1750 W Walnut Ave

21,440 SF 100% Leased Office Building Visalia, CA 93277 £4,039,711 (£188/SF) 6.74% Net Initial Yield

Investment Highlights

  • Turn key space.
  • Large onsite parking.
  • Bathrooms, cubicles, desks.

Executive Summary

Price reduced from $5,300,000 to $5,150,000.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
21,440 SF
Building Class
C
Year Built/Renovated
1994/2022
Price
£4,039,711
Price Per SF
£188
Net Initial Yield
6.74%
NOI
£272,448
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
21,440 SF
Building FAR
0.95
Land Acres
0.52 AC
Zoning
PA - Prohibited Area
Parking
16 Spaces (0.75 Spaces per 1,000 SF Leased)

Amenities

  • Bus Route
  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Real Estate
  • 11,194 SF
  • £1.06
  • NNN
  • Feb 2028

Chicago Title and Trust Co. dates back through the succession of several firms and corporations that were engage in the abstract and title business in Cook County, Illinois. The year was 1847; Chicago was booming. New pioneers were streaming in steadily to grasp the opportunities for independence, which the rich prairie soil promised. An obscure young law clerk, Edward A. Rucker, devised a system of keeping track of every recorded instrument and legal proceeding affecting real estate titles. This saved attorneys the laborious task of searching official records in connection with transfers of real property. It was a valuable service that was welcomed. Rucker hung out his shingle in the Saloon Building... then, later that year, joined with James H. Rees in the Merchants' Exchange.

  • Tulare County Office of Education
  • Educational Services
  • 10,246 SF
  • £1.06
  • NNN
  • Jun 2027
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Real Estate 11,194 SF £1.06 NNN Feb 2028
Tulare County Office of Education Educational Services 10,246 SF £1.06 NNN Jun 2027
Walk Score ®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
096-292-021-000
Land Assessment
£235,323
Improvements Assessment
£1,961,025
Total Assessment
£2,196,348
  • Listing ID: 28194866

  • Date on Market: 10/04/2023

  • Last Updated:

  • Address: 1750 W Walnut Ave, Visalia, CA 93277

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