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3323 S Fairway St

3,510 SF 100% Leased Office Building Visalia, CA 93277 £666,748 (£190/SF) 7.75% Net Initial Yield

Investment Highlights

  • Strong Investment Opportunity: 7.75% CAP rate with solid cash flow.
  • Generous Conference Room: Offered as a free common amenity for tenants.
  • Oversized Private Offices: Easy-to-lease, spacious office suites.
  • Ample Private Parking: Plenty of parking in the rear of the property.

Executive Summary

Excellent commercial opportunity! Amazing investment opportunity with strong cash flow and a 7.75% CAP rate! Sequoia Executive Suites would make an excellent addition to an investment portfolio. This freestanding building offers 15 leased offices and 1 conference room (16 rooms). The private offices are oversized proving to be extremely easy to lease and the conference room is a generous size offered as a free common amenity. The property offers ample private parking in the rear and excellent street frontage for signage. This property also offers ample parking and is centrally located with easy street access leading from major traffic corridors.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
3,510 SF
Building Class
B
Year Built
2001
Price
£666,748
Price Per SF
£190
Net Initial Yield
7.75%
NOI
£51,673
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
3,510 SF
Building FAR
0.26
Land Acres
0.31 AC
Zoning
CR - Commercial Retail

Amenities

  • 24 Hour Access
  • Wi-Fi
  • Air Conditioning
Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (87)
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
122-300-045-000
Land Assessment
£151,388 (2024)
Improvements Assessment
£395,291 (2024)
Total Assessment
£546,679 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
  • Listing ID: 33801661

  • Date on Market: 08/11/2024

  • Last Updated:

  • Address: 3323 S Fairway St, Visalia, CA 93277

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