$750,000
4 bathrooms | 3,775 sq. ft.
1 / 6
Property Description
Investment opportunity! Nicely updated and functional stand-alone office off busy retail corridor, Mooney Blvd. Ten private offices, four restrooms, huge central bullpen, breakroom, built-in reception and ample storage. Tall redwood trees and grass space give it a park-like feel. Private parking lot. Tenant's lease goes through September 2026 and includes a 5-year option. Currently 6.3% CAP with 3% annual increases to rent. Property is on the NEC of Feemster & Crowe-door faces Mooney.
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Property Information
Property Sub-Type: Office
New Construction: No
Year Built: 1000
Year Built Source: Public Records
Number of Buildings: 1
Number of Units: 1
Street #: 1441
Direction: S
Street Name: Mooney
Half Baths: 4
Suffix: Boulevard
Total Baths: 4
Stories: 1
Unit #: F
Approx Square Feet: 3775
SqFt Source: Public Records
Lot Acres: 0.28
Lot SqFt: 12197
State/Province: CA
Lot Dimensions: Irregular
Zip Code: 93277
APN: 095160086000
Lot Size Source: Public Records
County: Tulare
Additional Parcels Y/N: No
Common Interest: None
Area: Visalia SW
Zoning Description: Professional and Administrative Office
Listing Information
Original List Price: 750000
List Price/SqFt: 198.68
Commission: 3
Current Price: $750,000
% or $: %
Listing Date: 2024-04-23
Listing Price: 750000
Showing Information
Directions to Property: From Hwy 198, south on Mooney Blvd, right on Feemster, property on corner of Feemster and Crowe
Remarks
Marketing Remarks: Investment opportunity! Nicely updated and functional stand-alone office off busy retail corridor, Mooney Blvd. Ten private offices, four restrooms, huge central bullpen, breakroom, built-in reception and ample storage. Tall redwood trees and grass space give it a park-like feel. Private parking lot. Tenant's lease goes through September 2026 and includes a 5-year option. Currently 6.3% CAP with 3% annual increases to rent. Property is on the NEC of Feemster & Crowe-door faces Mooney.
General Information
Garage: No
Financial
Cap Rate: 6.3
Tax Information
Land Value: 167328
Improvement Value: 334655
Status Change Info
Status Change Date: 2024-05-01
Status: Active
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Cooling: Central Air
Heating: Central
Roofing: Asphalt
Income Includes: Parking
Office Space Sub-Type: Office Building
Commercial Sub-Type: Free Standing Building
Listing Office: Zeeb Commercial Real Estate
Listing Agent: Jessica Benevento
Agent Email: jessica@zeebre.com
Last Updated: May - 01 - 2024
Information deemed reliable but not guaranteed.