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500 N Santa Fe St, Visalia, CA, 00000
Class A Office Building For Sale

500 N Santa Fe St Visalia, CA

For Sale
Contact for pricing

Fully occupied, 32,000 SF office building with strong tenant.

Property Size32,000 SF
Lot Size1.10 Acres
Price / SF$33.07
Days on Market761

Property Features for 500 N Santa Fe St

General Information

Standard status
Active
Size
32,000 SF
Lot size
1.10 Acres
Property subtype
OFFICE
Listing Agency: Graham & Associates
Listed By: Matthew 'Matt' Graham
Source: Moodyscre
Added: Jun 27, 2024 Changed: Jul 6 Last Checked: Jul 21 at 6:31AM

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 Graham & Associates


Investment Insights

Based on property information with market context.

This is a fully occupied, Class-A professional office building constructed in 2008. The building has 32,000 square feet of space, featuring over 40 offices and abundant open office space on both floors. It includes an elevator, lobby space, community room, secured storage, multiple conference rooms, mail room, and balconies. The property is located in a high-growth area with a projected population growth of 4.4% for the years 2019-2022. The building is currently occupied by Gallagher Insurance, a US-based insurance tenant with a global presence, a 19.3 billion market cap, and 33,247 employees. The property presents a value-add potential with an upcoming lease renewal based on fair market value, as current area rents are higher.

Key Highlights

  • Strong US‑Based Insurance Tenant (Gallagher Insurance) with Global Presence
  • Value‑Add Potential with Upcoming Lease Renewal at Higher Market Rents
  • Fully Occupied Class‑A Professional Office Building

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Arthur J Gallagher ... Insurance Agency Sreedhar Adapa, M.D. Physician Maksy Magdy MD Physician Buckman-Mitchell Insurance Inc Financial Advisor AudioClinic Medical Clinic

Suggested Use

Electrical Service Storage Facility Garden Center Big Box & Wholesale Store Grocery & Convenience Store Bed & Breakfast Pet Store & Service Veterinary Clinic Butcher HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Fully occupied, 32,000 SF office building with strong tenant.
Where is this office building located?
The property is located at 500 N Santa Fe St Visalia, CA.
What is the asking price?
The asking price for this property is $1,058,112.
What are key features of this property?
This property features: Strong US‑Based Insurance Tenant (Gallagher Insurance) with Global Presence; Value‑Add Potential with Upcoming Lease Renewal at Higher Market Rents; Fully Occupied Class‑A Professional Office Building
(559) 754-3020 Call to check price and availability
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