1103 W Visalia Rd Exeter, CA 93221
Bank branch with long-term lease and annual rental escalations.
Property Features for 1103 W Visalia Rd
General Information
- Standard status
- Active
- Size
- 3,933 SF
- Property subtype
- RETAIL
Listing office The Boulder Group - Corporate (847) 562-8500
Listing date May 21, 2026
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group - Corporate
Investment Insights
Based on property information with market context.
Key Highlights
- Absolute NNN Lease: Enjoy a truly passive investment with no landlord responsibilities.
- Long‑Term Lease: Secure income stream guaranteed through December 2041.
- Strong Rental Escalations: 2.25% annual rental increases provide a hedge against inflation and increase ROI.
Local Financial Insights For Specialty Retail
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 | $118.0k | $30.00 |
| − Vacancy | −$6.5k | −$1.65 |
| EGI | $111.5k | $28.35 |
| − OpEx | −$27.9k | −$7.09 |
| NOI | $83.6k | $21.26 |
