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901 E Main Street 901 E Main St

12,000 SF 100% Leased Office Building Visalia, CA 93292 £3,059,199 (£255/SF) 6.50% Net Initial Yield

Executive Summary

Office Building on East Main Street
Don't miss out on this incredible investment opportunity in Visalia, Tulare County, CA! Presenting an office building located at 901 E. Main Street, this property offers an impressive rental income of $12,000 per month. With a prime location and numerous exceptional features, this is a must-see property for savvy investors.
This office building spans approximately 12,000 sq. ft. and has been tastefully remodeled in 2018, boasting an updated professional atmosphere. Has a class Triple A designation. The property offers ample parking space with 26 spots conveniently located in the Main/Burke parking lot.
Inside, you'll find three spacious conference rooms perfect for hosting meetings and presentations. The office space includes a mix of private offices, open work area cubicles, and multiple offices where your team can collaborate effectively. The well-designed layout also features an open reception or work area and four restrooms for convenience.
Priced at approximately $360. per sq. ft., this property offers incredible value, with a 6.5% Purchase CAP rate. Don't wait - capitalize on this prime investment opportunity and take advantage of the potential for substantial rental income.
For more information on this remarkable office building, contact Bill Whitlatch, GRI, R.E. Masters ™, CCIM, a trusted Real Estate Broker specializing in commercial properties.
Please note that all information provided is subject to errors, omissions, price changes, prior sale, lease or financing, and withdrawal without notice. No warranties or guarantees are made regarding the accuracy of the information or the condition of the property.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
12,000 SF
Building Class
C
Year Built/Renovated
1968/2018
Price
£3,059,199
Price Per SF
£255
Net Initial Yield
6.50%
NOI
£198,848
Percent Leased
100%
Number of Floors
1
Typical Floor Size
12,000 SF
Walk Score ®
Very Walkable (71)
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.®
  • Listing ID: 29694451

  • Date on Market: 03/10/2023

  • Last Updated:

  • Address: 901 E Main St, Visalia, CA 93292

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