109 E Putnam Ave, Porterville, CA
Two office suites totaling 1,650 SF on 0.13 acres.
- Added:
- Aug 6, 2025
- Days on Market:
- 309
- Last Refresh:
- May 20 at 8:43 pm
Property Features for 109 E Putnam Ave
General Information
- Standard status
- Active
- Size
- 1,650 SF
- Lot size
- 0.14 Acres
- Property subtype
- OFFICE
Listing agent Kevin Land License #01516541 (559) 359-4035
Listing office KW Commercial | Central California (559) 705-1000
Listing date Aug 6, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial | Central California
HighLights
- Investment opportunity with two rentable suites totaling ±1,650 SF.
- High visibility freestanding building with Putnam Ave exposure and private lit parking.
- Convenient location between CA‑65 and CA‑190 with easy highway access.
- Long‑term tenants in place with upside potential via leasing.
- Functional floorplans and well‑maintained condition requiring little management.
- Quality roof and working HVAC systems.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.1k | $20.04 |
| − Vacancy | −$5.6k | −$3.41 |
| EGI | $27.4k | $16.63 |
| − OpEx | −$6.9k | −$4.16 |
| NOI | $20.6k | $12.47 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Porterville
- County
- Tulare
- State
- California
- Longitude
- -119.014
- Latitude
- 36.0693