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    49 W Tulare Ave Tulare, CA 93274

    For Sale
    $4,000,000

    Retail property leased to State Foods Supermarkets with long-term stability.

    Property size:
    14,490 SF
    Lot size:
    1.74 Acres

    Property Features for 49 W Tulare Ave

    General Information

    Size
    14,490 SF
    Lot size
    1.74 Acres

    Source: Retail California Commercial Real Estate Agent Kelsey McKenney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Single-Tenant Retail Investment Opportunity

    The property at 49 W Tulare Ave is a single-tenant retail building with approximately 14,490 square feet of space on a 1.56-acre lot. The property is leased to State Foods Supermarkets, which recently signed a 10-year NNN lease with options to extend. The lease is personally guaranteed by both the CEO and CFO of State Foods Supermarkets, Inc. The property generates a net operating income of $240,000 annually, reflecting a 6% cap rate. State Foods operates 10 locations throughout California’s Central Valley. The asset benefits from strong visibility, ample parking, and consistent consumer traffic.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Matthew P. Garrett, ... Pharmacy Coinhub Bitcoin ATM ... Atm Tulare Lighthouse Rescue ... Thrift Store Western Union Money Transfer Service Rajeev Pandey Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    F & M Market, Grocery Outlet

    Location Insight

    • Map
    • Local Demand
    City
    Tulare
    County
    Tulare
    State
    California
    Longitude
    -119.347892
    Latitude
    36.207141

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    FAQs

    What type of property is this?
    Grocery and convenience store - Retail property leased to State Foods Supermarkets with long-term stability.
    Where is this grocery and convenience store located?
    The property is located at 49 W Tulare Ave Tulare, CA.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - 10-year NNN lease with options to extend, providing long-term income stability.; - **$240,000 annual net operating income with a 6% cap rate.**; - Lease is personally guaranteed by the CEO and CFO of State Foods Supermarkets, Inc.
    (559) 256-1700
    Request Owner's contact information
    49 W Tulare Ave Tulare, CA 93274
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    Tulare, CA 93274
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    49 W Tulare Ave Tulare, CA 93274
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