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451 Vandalia ave
Porterville, CA 93257

Dutch Bros Ground Lease · Retail Property For Sale

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease with Dutch Bros (NYSE: BROS)
  • New High-Quality 2024 Construction with a Drive-Thru
  • Situated in Riverwalk Marketplace, Anchored by Lowe’s
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • 73,330 Residents within a 5-Mile Radius in Growing Porterville Trade Area
  • Hard Corner Location Visible to 67,700+ Cars per Day at the Intersection of South Jaye Street and West Poplar Avenue / Highway 190

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
800 SF
Building Class
C
Year Built
2024
Tenancy
Single
Number of Floors
1
Building FAR
0.02
Lot Size
0.74 AC
Zoning
PD - Planned Development, Retail
Frontage
243 ft on West Poplar Avenue

Amenities

  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
260-040-023-000
Land Assessment
£239,571
Improvements Assessment
£0
Total Assessment
£239,571
  • Listing ID: 31233271

  • Date on Market: 15/03/2024

  • Last Updated:

  • Address: 451 Vandalia ave, Porterville, CA 93257

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